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| China tightens North Korea trade restrictions under UN sanctions | China tightens North Korea trade restrictions under UN sanctions |
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| Beijing has tightened restrictions on exports to North Korea, in compliance with UN sanctions against Pyongyang, limiting further oil supplies and banning imports of its steel and of other goods. | Beijing has tightened restrictions on exports to North Korea, in compliance with UN sanctions against Pyongyang, limiting further oil supplies and banning imports of its steel and of other goods. |
| China, North Korea's main economic lifeline, will impose bans on exports of iron, steel and other metals, as well as on industrial machinery and transport vehicles to North Korea, from January 6, its Commerce Ministry stated on Friday. Crude oil and refined petroleum supplies will be also capped, in accordance with the restrictions imposed earlier by the UN. | |
| The new measures come after the UN Security Council last month unanimously approved new punitive measures, punishing North Korea for its intercontinental ballistic missile test launch on November 29. The new round of sanctions has intensified the economic sanctions regime, slashing the communist state’s refined petroleum product imports and banning all remaining major exports. The measure also demands the repatriation of all North Koreans working abroad within 24 months. | |
| DETAILS TO FOLLOW | DETAILS TO FOLLOW |