Switzerland Bans Exports of Luxury Goods to N.Korea

      May 25, 2016 09:48

      Switzerland last week banned the sale of 25 luxury goods to North Korea that have been sought-after treats and status symbols for the elite there.

      The 25 items announced by the Swiss Federal Department of Economic Affairs, Education and Research more than double a list of 12 mandated by the UN Security Council.

      The ban includes even the transit trade of anything from caviar and brandy to high-end watches to the North.

      Other banned goods include riding, ski, golf, and water sports equipment.

      North Korean leader Kim Jong-un, who went to school in Switzerland in the late 1990s, is reportedly fond of Swiss products.

      "Swiss watches are on top of Kim's list of presents for officials," a security official here said. "The ban will have an impact on how he buys their loyalty."

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