North Korea remains off of the US State Department’s list of state sponsors of terrorism for the fourth consecutive year since it was first removed by the Bush administration in 2008.

The State Department’s Country Reports on Terrorism 2011, which was issued yesterday, asserts that North Korea has not sponsored any terrorist acts since the bombing of Korean Airlines flight 858 in 1987. Although it does take issue with North Korea’s failure to fully cooperate with U.S. counterterrorism efforts under the Arms and Control Act.

Concerns over North Korea’s money laundering which were brought up by the Organization for Economic Cooperation and Development’s Financial Action Task Force are also brought up in the report which says that North Korea has failed “to address the significant deficiencies in its regulatory regimes.”