President Trump says United Nations sanctions on North Korea are 'no big deal'

North Korea warns US of ‘greatest pain’ rejects sanctions

North Korea had warned before the latest sanctions were imposed that the USA would pay "due price" if it pushed for stronger sanctions.

The measures fell short of Washington's goals: a potentially crippling ban on oil imports and freezing the global assets of Kim and his government.

Pyongyang's envoy to the United Nations accused Washington of opting for "political, economic and military confrontation".

US Ambassador to the UN Nikki Haley said the new sanctions would "starve the regime" into stopping its nuclear program.

The latest sanctions look to stop the country from receiving income for its missile program.

North Korea's ambassador, Han Tae Song, told the UN sponsored Conference on Disarmament in Geneva today, the United States was "fired up for political, economic, and military confrontation".

On Sunday, in a bid to win support from China and Russian Federation, the US had diluted its initial draft of the resolution that recommended a complete oil embargo and partial naval blockade.

The resolution bans all textile exports from the country - an annual revenue blow of around $800 million.

Limits on imports of crude oil and oil products.

Beijing and Moscow have urged the United States to suspend its joint military exercises with South Korea in exchange for a North Korea nuclear freeze, but the US representative to the U.N. dismissed the proposal as insulting.

Still he says, it's "nice" to get a 15-0 vote.

Chinese gasoline exports to the North fell sharply - to just 120 tons in July, compared to 8,262 tons in June - following a decision by China's state-owned oil company, China National Petroleum Corporation, to cut sales due to concerns that North Korea is too high a credit risk. "The choice is theirs".

Monday's resolution was the ninth one unanimously adopted by the United Nations since 2006.

"China probably excluded this pipeline for the same reason that it has insisted on humanitarian or normal economic trade clauses in previous resolutions - both to protect Chinese business interests and to keep the North Korea oil supplies at levels sufficient to ensure that [North Korea's] society will not break down", von Hippel said. It also bans the sale of condensates and natural gas liquids to the North.

It's unclear what concrete impact the sanctions will have on fuel supplies to North Korea given that accurate figures are hard to determine.

A ban on new visas for North Korean overseas workers, which the United States estimates would eventually cut off $500m of tax revenue per year.

North Korea conducted its sixth and most powerful nuclear test on September 3, building on a series of missile tests over the summer that prompted stern warnings from President Donald Trump and raised fears of a new war.

Textile exports became a key negotiating chip in the nuclear showdown between North Korea and the US and United Nations in the latest sanctions against the Kim Jong-un regime.

It also repeated its call for a "peaceful resolution" instead of a military response, adding: "China will never allow the peninsula to descend into war and chaos".

China would have to go to great expense to clear any solid wax inside the pipeline, and the infrastructure could be irreparably damaged if the wax content exceeded a threshold, the report said.

Beijing believes Thaad, which employs a powerful radar, is a security threat to China and neighbouring countries.

Related:

Comments


Other news