Japan LDP Panel Approves N Korea Sanctions Bill - Kyodo

Dow Jones Business News via Yahoo! News ^ | 07/17/03

[TigerLikesRooster]

Japan LDP Panel Approves N Korea Sanctions Bill - Kyodo

Thu Jul 17, 1:17 AM ET

TOKYO -(Dow Jones)- The ruling Liberal Democratic Party's policy board approved a bill Thursday to revise a law to enable Japan to impose economic sanctions against North Korea (news - web sites) by itself, even without a U.N. resolution or an international agreement, Kyodo News reported.

The LDP will finish preparing to present the bill to the Diet, if the decision-making General Council approves it Friday.

The New Conservative Party supports the bill, but some lawmakers from the other ruling coalition partner, the New Komeito party, think more time is needed to discuss the bill, Kyodo reported.

It is uncertain if the bill can be submitted during the ongoing Diet session, which ends July 28, because the New Komeito will probably call for more time to build a consensus on the issue, political pundits said.

The bill to amend the Foreign Exchange and Foreign Trade Control Law is aimed at allowing the Japanese government to single-handedly implement economic sanctions on North Korea, including the suspension of remittances to and trade with the North.

The current law requires a U.N. resolution, or a similar international agreement, for Japan to take economic sanctions against foreign countries.

[TigerLikesRooster]

Ping!

[Support Free Republic]

Let's keep the Dem's on the run!
Click the Pic!

[MEG33]

Krazy Kim won't like this.

[TigerLikesRooster]

Re #4

Of course not.

[MEG33]

Japan makes waves.

[gcruse]

JucheFruit is crazy enough to nuke Japan.

[clamper1797]

JucheFruit is crazy enough to nuke Japan

Which would be his last act on earth

[gcruse]

Which would be his last act on earth

I don't think the thought of that will even slow
him down, hiding in undermountain bunkers,
as he will be.

[RightWhale]

Japan makes waves.

If Japan is expected to undertake more of the burden of its own defense, other things such as foreign policy initiative should be expected as related and natural.

[clamper1797]

I don't think the thought of that will even slow him down

Oh I wasn't denying that it would influence him at all. I was just stating probable fact

Though NK's nuking of anyone would be an unprecedented tragedy ... the response that would follow would set an example to other countries of the dire consequenses of such an act.

[MEG33]

I think it's terrific!I like the fact they are asserting their interests!

[gcruse]

.. the response that would follow would set an example

Can't think of anyone better suited.  And the sooner it happens,
the fewer nukes NK will have on hand to kick the thing off.

I think it is safe to say he won't be getting any oil supplies from
the US anytime soon.

[clamper1797]

I'm beginning to wonder if Japan might start to take things into their own hand ... which may prod China to shut down their bastard child NK .... on the sly. The Chinese are not yet ready to challenge the world ... ten years from now we may have an entirely new situation ... but not yet.

[gcruse]

If the US pursues a hard line on NK, I think it will only hasten the inevitable. Either China takes on NK as a dependent, or Kim will blow. If we allow these tantrums to
blackmail the world into keeping JucheFruit in power, he wins.

[MEG33]

Right now China seems to be enjoying the game.I can't see that a war would benefit China,though.

[gcruse]

I can't see that a war would benefit China,though.

JucheFruit may have sealed off an exit.  It is no longer feasible for
the US to supply fuel and food in hopes of shutting down the NK
nuke program.  The deed is done.  I have never heard of  paying
tribute to another country simply to keep them from attacking someone.
Please, please, keep our State Department away from this situation.

[MEG33]

You can bet they are burning midnight oil to make a case for "humanitarian" concession.

[OahuBreeze]

China will choke on their beer, though, when, in the interest of protecting ALL the small countries whose regimes feel threatened, will start talking about the necessity of hooking Taiwan up with some nuclear weapons -- I mean, just to be fair.... Maybe China could sign a nonagression treaty with them.... :)