Richard Nephew

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Last quote by Richard Nephew

With North Korea, even if you take away $1 billion, I think the North Korean regime still feels pretty good about having $3 billion because they're not trying to make their population happy and satisfied in the same way that even Iran is. The problem with sanctions evasion with North Korea is every single small slip-up, every $5 million transaction, every $50 million transaction, is more meaningful to the North Koreans than maybe $1 billion was to the Iranians. This is why evasion with North Korea is even more dangerous.feedback
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Aug 08 2017 Iran
Richard Nephew has been quoted 11 times. The one recent article where Richard Nephew has been quoted is How North Korea Cheats Sanctions. Most recently, Richard Nephew was quoted as having said, “They can do the same things that they were doing before. They will continue to try and send cargoes abroad. They'll continue to try and engage in financial transactions. They'll continue to try and sell their goods. And to some extent, they'll find new goods to sell. When you find that you can't sell coal anymore, what that means is you're going to double-down on manufacturing clothing, or something like that. Because that's not yet prohibited.”.
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