August 01, 2012 13:13
The U.S. government has left North Korea off its annual list of state sponsors of terrorism for the fourth consecutive year.
In the Country Reports on Terrorism 2011, the State Department said Pyongyang is not reported to have sponsored any terrorist acts since the bombing of a South Korean commercial airliner in 1987.
The report, however, re-certifies the North as a country that does not fully cooperate with U.S. counterterrorism efforts under the Arms Export and Control Act.
The OECD's Financial Action Task Force, which expressed concerns over Pyongyang's lack of regulation on money laundering and terrorist financing, said the North's financial system is murky and its compliance with international standards difficult to measure.
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