Sec. 401. Suspension of sanctions and other measures

211 words·~1 min read·/bill/113/s/3012/is/section-401

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Any sanction or other measure required under title I, II, or III (or any amendment made by such titles) may be suspended for up to 1 year upon certification by the President to the appropriate congressional committees that the Government of North Korea has made progress toward— verifiably ceasing its counterfeiting of United States currency, including the surrender or destruction of specialized materials and equipment used or particularly suitable for counterfeiting; taking steps toward financial transparency to comply with generally accepted protocols to cease and prevent the laundering of monetary instruments; taking steps toward verification of its compliance with applicable United Nations Security Council resolutions; taking steps toward accounting for and repatriating the citizens of other countries— abducted or unlawfully held captive by the Government of North Korea; or detained in violation of the 1953 Armistice Agreement; accepting and beginning to abide by internationally recognized standards for the distribution and monitoring of humanitarian aid; and taking verified steps to improve living conditions in its political prison camps.

The suspension described in subsection

(a)may be renewed for additional, consecutive 180-day periods after the President certifies to the appropriate congressional committees that the Government of North Korea has continued to comply with the conditions described in subsection

(a)during the previous year.