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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters U.N. draft calls for North Korea sanctions Sun Apr 12, 2009 12:11am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Jack Kim SEOUL (Reuters) - Six world powers have agreed to a draft U.N. Security Council statement condemning North Korea's rocket launch but analysts in Asia said on Sunday its call for tougher sanctions against Pyongyang may be symbolic at best. Five permanent council members, including the North's key ally China, and Japan agreed on Saturday to the so-called "presidential statement" with tough wording as a compromise between inaction and Tokyo's demand for a legally binding fresh resolution. China's decision to sign onto the tough statement indicates Pyongyang will likely shrug off the measure despite its earlier threat to take "strong steps" if the council acted, mainly because the impact of any sanctions would be limited, analysts said. "The largest significance of the statement is symbolic at best," Yoo Ho-yeol, an expert on the North at Korea University in Seoul, said of the draft statement. "North Korea, if it wants to engage in illegal activities, will do so no matter what," he said. "The Security Council condemns the 5 April 2009 launch by the Democratic People's Republic of Korea (DPRK), which is in contravention of Security Council resolution 1718," the draft statement said, using the North's official country name. North Korea said it successfully launched a satellite into space on April 5 but Japan, South Korea and the United States said it was a long-range missile test in disguise and no satellite was orbited. Pyongyang has warned of taking "strong steps" if the council takes any action against it. ADPTION EXPECTED MONDAY With the backing of the five permanent members and Japan, the statement's adoption by the full council at a meeting called for Monday afternoon is virtually assured. Although the statement does not explicitly declare Pyongyang in violation of Resolution 1718, diplomats said the language in the draft saying it contravened the resolution, a compromise acceptable to Beijing, has the same legal meaning. The Security Council had adopted the resolution in October 2006 calling for financial and arms sanctions against Pyongyang for its nuclear and missile tests that year. The draft statement agreed on Saturday directs the U.N. Sanctions Committee to "undertake its tasks to this effect" and designate "entities and goods" to face sanctions. It adds that if the committee failed to do so by the end of the month, the council would draw up its own list. The Sanctions Committee ordered established in 2006 has not met for two years and has not designated a single North Korean company to be added to the U.N. blacklist of banned entities, diplomats said, rendering the punishment called for by Resolution 1718 all but nonexistent. A Chinese analyst said the compromise draft statement would be acceptable to Pyongyang as well as to Beijing. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! 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