UN Security Council approves new North Korea sanctions
The United Nations Security Council voted unanimously on Monday to impose a new set of sanctions against North Korea after the United States compromised with Russia and China who opposed an even harder line sought by the Trump administration.
The new sanctions set a cap on crude and refined oil exports to North Korea at 8.5 million barrels per year, which represents a 30 percent reduction. The sale of natural gas will be prohibited and refined petroleum sales will be capped at 2 million barrels annually. The Security Council resolution also bans all North Korea textile exports, worth an average of $760 million over the past three years. The sanctions also prohibit nations from authorizing new work permits to North Korean citizens around the world. More than 90,000 North Korean workers employed abroad bring the regime about a half billion dollars a year.
But these measures fall short of the stronger sanctions the U.S. called for after the Pyongyang regime detonated its sixth and most powerful nuclear device last week. U.S. Ambassador to the UN Nikki Haley had pressed for a total oil embargo. She also called for direct penalties, such as an asset freeze and global travel ban, against North Korean leader Kim Young Un. But that proposal was a hard sell to the Russians and Chinese, who hold veto power in the Security Council.
China, North Korea’s top trading partner, is not eager to endorse sanctions that could undermine Pyongyang stability and cause millions of refugees to cross its border.
This entry was posted in China, DPRK Government, Kim Jong Un, North Korean refugee by Grant Montgomery.