Welcome to the foundation of democrat sees. I know moat of you, i met a lot of you, glad youre here. Today marks the release of a major report, maximum pressure, 2. 0, a plan for north korea. The report offers an actionable and multifaceted plan focused on the denuclearization of north korea. Today north korea, we have a young, mercurial, brutal and ruthal despot kim jongun armed with missiles and hes using the threat on america and americas allies. You may have seen reports earlier in the week in the Washington Times that a highlevel defector from north korea sent a letter to President Trump. The defector warned the administration that kim jongun is unlikely to give up his Nuclear Weapons absent significant additional pressure. Consistent with the recommendations and ftds new report which will be discussed today, the defector urges allout sanctions and what our report authors Call Information and influence operations. We understand that people of good faith may disagree on the path forward. Its clear that u. S. Policy over decades by republican and democratic administrations alike have failed to agree significant progress of this threatening regime and this threatening dynasty. Fdd, as you know, have launched tlie sectors that seem to integrate elements of American Power in order to achieve better results for Americas National security. Our new report ben benefits from the work of all three centers and it provides detailed recommendations for american policymakers. We will hear today from experts with experience in intelligence, cyber warfare, defense and sanctions to help build a holistic picture of what a maximum pressure 2. 0 policy against north korea needs to look like. I want to note that todays program is one of many we host throughout the year. For more information on all our work and areas of focus, we encourage you to visit our website, and we are glad to be joined by a distinguished pentagon active duty military personnel and experts from the policy community and media. Most of this audience knows that fdd is a nonpartisan policy institute. We take no Foreign Government money, no foir incorporate funding. I would note todays event is on the record and will be live streamed, recorded and it will be broadcast on cspan. I would ask you to kindly silence your cell phones. I encourage you to join in on todays conversation by using twitter fdd. fdd. With that, i am pleased to introduce our first speak e the honorable juan servantes. He serves as cofounder of the Financial Integrity Network and ryor to that juan was deputy adviser to president george w. Bush and please join me in welcoming juan. [ applause ] brilliant nor charming and not handsome. I lost a lot of hair. I was joking a bit with ali who has helped organize the event and ali always does a great job and i was wanting to learn and sit in the back and have a nice lunch and i was asked to present. I am honored to present with such a distinguished panel. I learned you have to show the product, right . So its actually a great report and well get into that in just a moment, but i want to talk a little bit about what the centers are doing and my experience with north korea and that will lead into the great work that brad and david have done with the report on the panel. Just a few weeks ago we were up here and i was honored to be on stage with dr. Samantha ravage and h. R. Mcmaster. General mcmast toer to work on political power led by h. R. Mcmaster and brad bowman and the center of technology and innovation led by samantha ravage and aided by amy fixler and the financial power that i chair and led by eric lorber. That day we talked about a number of threats and issues including north korea and largely the ambition that the work we were doing with ftd would result in innovative and strategic work on things that matter about fundamental American Security and thats exactly why were here today and thats what this report represents. The report represents the best thinking of those three centers and the great work of brad bowman and dave maxwell and the authors. Todays, vent and the report couldnt come at a better time. As those of you know especially those who follow north korea closely. North korea is coming to bluster and brinksmanship and tied neatly to the holidays and those of us suffered holidays dealing with north koreas recalcitrance in order to achieve premature lifting of sanctions and premature pressure, north korea has conduct a very significant test at a satellite launch site and there are indications that we may see more provocations soon from kim jongun. As the report notes north koreas biological and Chemical Weapons Program as well as the Ballistic Missile program and developments represent a grave threat to the u. S. And our allies. North korea also represents a threat to the Financial System and international norms. North korea is a rogue force for instability. Now, the Trump Administration deserves credit for focusing on this issue, giving it attention and accelerating policy work and also bringing the north korean regime to the negotiating table. As the report notes and as we know, the Pressure Campaign has not achieved progress toward its objective. The denuclearization of north korea. And so for these reason, now more than ever we need sober and clear thinking. We need good analysis and we need specific recommendations to think about a plan b and next steps and thats what this report does. Washington sometimes struggles with the idea of broad, longterm strategies or integration of all elements of National Power and pursuit of strategic objectives, but the intent of this report is to break those orthodoxys and those approaches and to think collectively and constructively about what that means. I was very fortunate in government to work at the Treasury Department and the white house on these issues as some of you may know. When i served in the Administration One of the things we tried to do was to pierce through some of these paradigms and orthodoxes. The orthodoxy that north korea cant be sanctioned or pressured anymore, the idea that we had thought through all of the potential vulnerabilities and elements of pressure that were possible, and in pack, whennee look at the map of the world and north koreas economy, its dependency, was there recognition that there was much more to be done, much more to be done in terms of what those dependencies and Decision Making looked like in pyongyang and what we could do to affect that Decision Making and precisely that led to the inner Agency Efforts to look at the range of north korean vulnerabilities in particular in the illicit finance content that led to the 311 contact in september of 2005, and what led, i think, with the most significant pressure on that period and to the diplomacy that followed. It was about north korea ended every Nuclear Negotiation of we want our money back and we want the pressure relieved from those actions. Y so the ability to bring all elements of National Power together versus staying Pressure Campaign, to do so in a way that breaks through some of these orthodoxys is really important especially as north korea returns to its classic playbook of requiring concessions without conceding or honoring its own commitments, something this report talks a good bit about. So this maximum pressure 2. 0 report delineates the right next steps. The report has chapter oz diplomatic, military, cyber, sanctions and Information Tools of power and it has, at its core, the principle that American Power is ultimately what deters north korean aggression. Each chapter includes specific recommendations in each of these categories and the goal is to constrain north korea and reduce the various threats that it poses, to effect Decision Making and ultimately to avoid war opinion when considered together these recommendations do provide a plan b that this administration and perhaps others to follow should and can implement without delay. Once again, i am very proud to be a part of fdd, proud of the centers that we built and proud of this concept of bringing innovative thinking together for realworld solutions for the American People and our allies. I look forward to hearing from David Maxwell, his summary of the report in more detail and then hearing the Panel Discussion to be moderated and led by brad bowman who is also the coeditor and author of the report. With that, allow me to hand it over to dave maxwell, coeditor and author of the report, army veteran, patriot and one of washingtons leading experts on north korea. David . [ applause ] march. Thank y good afternoon. Thank you to juan. I am here representing a great team that collaborated on this report. First, as noted our director brad bowman and he was the lead on this project and really drove the process and was responsible for the excellent cooperation and coordination of putting this together. He coauthored the diplomacy, and, pert who coauthored the military, cyber and influence activity, and annie fixler is the deputy expert on inon raising and coauthored the cyber chapter and eric lorber, one of the foremost experts in the sanctions space is the senior director on director of the power along with my good friend and colleague who is also a senior fellow here, david ascher who has probably done more than anyone i know to exert pressure on north korea and the evil kim family regime and i hope the u. S. Government will again call on his expertise and the great work that can be reprised so we can execute a maximum pressure 2. 0 strategy, john hardy who did the behind the scenes work to bring this together and danny akreman is the person who designed this excellent graphics and turned this into what i think is a visually stunning report. We began to conceive this report following kim jonguns failure at the hanoi summit. I know that its his failure because hes been able to get premature sanctions release from the u. S. And the International Community. In april he put an expiration date, with President Trump and were coming to the deadline with the 2017type rhetoric. What we are seeing is kim practicing the sevendecades old blackmail playbook, using increased tengds and prof kagds in an attempt to get political and economic concessions. While 2017 was the year of fire and fury, 2018 was the period of unconventional diplomacy. He met with all major leaders except for Prime Minister abe in japan, but we are now at the proverbial inflexion point. What will happen on january 1, 2020 . What will kim say in his new years address and what will be his next provocation . We offer this report to the white house and the blue house policymakers and specifically to the iraqu. S. Strategy group by the korean representative and Stephen Biegun and the combined Strategy Group is the key to move forward that serves iraq and u. S. Alliance interest. This report is based on two new assumptions to replace these who we had made, and believes that one camp will lead to denuclearization, and being, the rid tab argues for the right com bin aegz of both. Are possible, very lakely that kim has no intention of denuclearizing and we must attend that fact. We assume it is only when kim faces a significant internal threat that will cause him to recalibrate. He must realize from that internal threat that the threat of possessing Nuclear Weapons is greater than giving them up, and until he feels that internal pressure he is unlikely to ever change. External pressure can and must be must contribute to this condition, but as it now stands in kims calculus, he needs Nuclear Weapons for survival to support his blackmail diplomacy and it is unification of the Korean Peninsula under what i like to call the ghouling on state in order to achieve regime survival. We see no evidence that kim has abandoned the seven decadesold regime strategy to use sub version, coercion, extortion and when the conditions are right the use of force. He will not give this up in response to the current or any policy. Kim believes that conditions will be right when the u. S. Alliance is ended, when u. S. Forces are removed from the Korean Peninsula and extended deterrence over south korea and japan are eliminated. Coincidentally, this is also about the security guarantee that kim demands and the end of u. S. Policy and they must view the lens to the ideological con flick on the peninsula. On the one hand are the shared values of freedom and individual liberty, liberal democracy and free market economy and human rights. On the opposite end are the kim family values, the socialist workers paradise and the denial of human rights to keep kim jongun in power. Really at the core, this is Political Warfare. Kim jongun is using all elements of his power and particularly his illicit elements to sustain leadership and survive, to be recognized as a Nuclear Power and to dominate the peninsula. Paul smith describes Political Warfare best. The use of political means to compel an opponent to do ones will based on hostile intent. This very much described what we call kim jonguns unique Political Warfare. It is also a form of the long kahn in which kim jongun is trying to play both President Trump and the International Community just as his father manipulated the sixparty talks and his grandfather manipulated stallin in the 1950. This is in the kim family dna. An escapee wrote to President Trump to provide advice on h how to figure out an acceptable and durable political arrangement that will protect, serve and advance u. S. And iraqu. S. Alliance in east asia. It has to determine the ways and means to achieve that goal. These must include new, International Diplomatic efforts, diplomatic enhancements and defense and offense and enhance sanctions enforcement and a robust information and influence Activities Campaign including a strong focus on human rights. The iraqu. S. Strategy working group must develop a plan b or m maximum pressure 2. 0 that kim jongun may never agree to denuclearize and may always i le to highlight some of the key concepts and recommendations from each power described in a report. We are recommending the pressure to bono strategy and want to get every chance through the policy to work and we support the u. S. Effort to influence kim to make the rights to a decision and returned to a brighter future. This must be done through working level negotiations without prematurely lifting sanctions. Until the north negotiates in good faith and take substantive steps to denuclearization. There must be no more summits until working level negotiations produced an agreement. At the same time, the u. S. Must continue to take the lead in an effort to crack down on the regimes illicit activities and human rights abuses such as the employment of overseas slave labor and a deadline for the return of flavor is december 22nd and if countries do not comply we recommend the un and others. We must make sure that kim understands at all militarily or options are always on the table. We need to strengthen diplomatic and implement an effective diplomacy campaign and make human rights a priority. We must also target chinese and russian obstruction and sanctions of asian activities in support of the north. There could be no degradation of the alliance to determine north korea from attacking the self and they must maintain the capabilities of decisively defeat the army should kim jongun order an attack. Since President Trump suspended rocket u. S. Readiness exercises, we have seen no action from the north and south korean negotiators the comprehensive agreement to reduce tensions along the dmz i waters initial compliance such as removing guard post and the joint security area there have been no confidence Building Measures in the north to correspond to the ones that were implemented by the u. S. Alliance. As we speak today, 1. 2 million personnel and military personnel of the peoples army are conducting a Training Cycle from december through march. This is a larger Training Exercise and all u. S. Combined trading events. In short, we need to strengthen the rock u. S. Posture and exercise program and the onesided aspect of the comprehensive military agreement. Also stabilize the rock u. S. Sharing process well strengthening heart Ballistic Missile defense. North korea is all in Cyber Operations has provided the regime with capabilities and key elements and the asymmetric toolkit. It gives the north the ability to strike relentlessly as we say in the report from theft to manipulation of cryptocurrencies and espionage and social media activities. Cyber warfare would be an Important Force Multiplier and war and the u. S. Has taken an aggressive stance by Cyber Defe