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lakeelmoleader.com October 23, 2017


UN Security Council Imposes Punishing New Sanctions on North Korea

08 August 2017, 12:50 | Kara Nash

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Chinese Foreign Minister Wang Yi urged North Korea today to make a "smart decision", after the United Nations imposed tough new sanctions on the isolated regime over its missile and nuclear programmes.

The resolution also bans countries from giving any additional permits to North Korean labourers - another source of money for Kim Jong Un's regime.

The United States and China, North Korea's main ally, have been wrestling with how best to respond to the North's two intercontinental ballistic missile tests, which have deepened global fears that the missiles would be able to strike the U.S. mainland.

Southeast Asia's top diplomats have criticised North Korea over its intercontinental ballistic missile (ICBM) tests.

Last month, North Korea fired two intercontinental ballistic missiles within target range of the continental USA and Europe.

"North Korea bears full responsibility for the measures we have enacted", he said.

"The act of the U.S. which is so fond of rigging up sanctions law and brandishing the sanctions club against other sovereign states is no better than that of a hooligan which can not be allowed by global law", said a North Korean Foreign Ministry spokesman in a statement carried Saturday by the country's state new agency KCNA.

The sanctions will slash North Korea's annual export revenue of $3 billion by more than a third, according to a statement from Haley's office.

N Korea poses grave and growing threat: Trump and Moon
North Korea claims to have improved its capability to deliver a nuclear warhead to the U.S. mainland through those tests. SMITH: The U.S. and the United Nations have been imposing sanctions on North Korea for years.

North Koreans work in China, Russia and the Arab countries in the Persian Gulf in a variety of businesses ranging from factories to restaurants and nightclubs and are estimated to send home several billion dollars in revenue, a large portion of which the government claims, according to United Nations sanctions experts. The potential meetings come as the North faces intense worldwide pressure to curtail its nuclear weapons programme. It also imposes an asset freeze on two companies and two banks.

Both diplomats spoke to the AP condition of anonymity because they were not authorized to discuss the issues publicly. Not only have there been loopholes in the past that traders and businesses have exploited, but implementation and enforcement of sanctions have been spotty.

The Chinese foreign minister called on his North Korean counterpart to accept a newly-passed United Nations resolution and stop provoking "the worldwide community's goodwill" by conducting missile launches and nuclear tests.

Mr Wright explained to MSNBC: "Looks like it pretty much can get to New York, Boston and probably falls just short of Washington". He also requested that China restrict crude oil exports to North Korea.

Neither oil nor new air restrictions are included in the resolution.

The South China Sea territorial disputes appear to have taken a back seat as South-east Asian foreign ministers, in meetings in Manila this week, focus instead on reaching a consensus on how to deal with North Korea and the growing threat of Islamist extremism. "The ball is North Korea's court".

It instead promotes "mutual trust, cooperation and confidence, prevent incidents, manage incidents should they occur and create a favourable environment for the peaceful resolution of disputes".



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