UN Security Council unanimously adopts new sanctions on North

08 August, 2017, 00:43 | Author: Wilson Dawson
  • UN Security Council unanimously adopts new sanctions on North

They include a ban on all exports of coal, iron, iron ore, lead, lead ore and seafood.

It prohibits all new joint ventures with North Korea, bans new investment in current joint companies and adds nine North Korean officials and four entities including the North's main foreign exchange bank to the United Nations sanctions blacklist. The proposed resolution would add North Korea's Foreign Trade Bank, the primary foreign exchange bank, to a United Nations sanctions blacklist, which provides for an assets freeze.

Despite eventually backing the resolution, China and Russian Federation had resisted the USA clampdown - arguing dialogue with the North was the best way to persuade Pyongyang to halt its military ambitions.

Kang is thanking the USA for consulting with South Korea on the sanctions.

"It would thus help shutter the foreign currency revenue channels for North Korea's nuclear and ballistic missile programs while having an effect of delivering a clear message to the North Korean regime on the global community's no tolerance of its nuclear program", according to the ministry.

"This is the most stringent set of sanctions on any country in a generation". He's meeting with regional partners, including Russian Federation and China, just days after North Korea tested its second intercontinental ballistic missile in a month.

For its part, China took a stronger line on its neighbor publicly, with Chinese Foreign Minister Wang Yi warning, "Do not violate the U.N.'s decision or provoke the worldwide society's goodwill by conducting missile launches or nuclear tests".

The Mansudae Overseas Project Group of Companies, which was also added to the blacklist, is described in the resolution as engaged in exporting workers for construction, including of monuments, in Africa and Southeast Asia. "China is aware they must act".

Haley thanked the Chinese delegation in particular for the "important contributions" they made to the resolution.

"We must work together to fully implement the sanctions we imposed today and those imposed in past resolutions", she said.

"We call on all sides to take a responsible attitude when making judgments and taking actions". "Not only a United States problem".

The sanctions were imposed after North Korea test fired to intercontinental ballistic missles in July, claiming they had the ability to hit the U.S. mainland.

Its adoption follows Tillerson's comments Wednesday reassuring North Korea that Washington is not seeking regime change or an accelerated reunification of the Korean Peninsula - comments welcomed by China's foreign minister. The ministers traditionally issue a communique containing their diverse concerns, and their issuance of a separate statement on North Korea's missile tests and nuclear weapons program reflects their deep worries about the issue.

"We are working together not just with the Philippines, but other countries in the region to try to address the growing concerns and growing threats, frankly, of worldwide terrorism", Thornton said Wednesday. It is rapidly growing more risky.

Chinese Ambassador Liu Jieyi said the resolution does not intend to harm the North Korean people.

Washington had refused to hold talks with Pyongyang and took action and used language that escalated the tension in the region, he said. Both Beijing and Moscow urged Pyongyang to stop taking actions that could further raise tensions, but they also criticized the US for deploying the THAAD system to South Korea and called for a reduction in joint military drills by the USA and South Korea.

The Trump administration cautiously embraced China's apparent newfound cooperation, while putting it on notice that the USA would be watching closely to ensure it didn't ease up on Pyongyang if and when the world's attention is diverted elsewhere.

Russian Ambassador Vasily Nebenzia said sanctions are not an end in themselves but a means to engage Pyongyang in constructive talks.


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