China's sanctions support shows recognition of gravity of North Korea threat

China's sanctions support shows recognition of gravity of North Korea threat

The U.N. Security Council has unanimously approved new sanctions on North Korea including banning exports worth over $1 billion. This year, Pyongyang was estimated to earn $251 million from iron and iron ore exports, $113 million from lead and lead ore exports, and $295 million from seafood exports, the diplomat said. It would also prohibit countries from increasing the current numbers of North Korea's labourers working overseas, ban new joint ventures with Pyongyang and any new investment in current joint ventures. Diplomatic sources said Lavrov agreed with his interlocutor on the need to bring DPRK to suspend its ballistic missile tests, but also told him that either Russian Federation or China are demanding the United States refrain from further joint military exercises with South Korea.

Resolution 2371 (2017) includes the strongest sanctions ever imposed in response to a ballistic missile test.

The centerpiece is a ban on North Korea exports of coal, iron, lead and seafood products - and a ban on all countries importing these products, estimated to be worth over $1 billion in hard currency. Additional sanctions target North Korea's arms smuggling, joint ventures with foreign companies, banks, and other sources of revenue. China and Russian Federation voted with us.

"The President appreciates China's and Russia's cooperation in securing passage of this resolution", the statement said, noting Trump "will continue working with allies and partners to increase diplomatic and economic pressure on North Korea".

US President Donald Trump commended the United Nations council on passing the sanctions, the White House said late Saturday in a statement.

It also gives the committee a green light to designate specific vessels that are breaking sanctions from entering ports all over the world and to work with Interpol to enforce travel bans on North Koreans on the sanctions blacklist.

It notes United Nations findings that well over half the population lacks sufficient food and medical care, while a quarter suffers from chronic malnutrition.

White House Hints Trump Could Veto Russia Sanctions
Russian President Vladimir Putin has already warned that he may expel U.S. diplomats if President Trump signs the sanctions. US President Donald Trump will sign into law a bill imposing new sanctions on Russian Federation , the White House says.

Chinese Ambassador Liu Jieyi said the resolution does not intend to harm the North Korean people. "It was not a good day for North Korea".

Though the economic sanctions have teeth, Washington didn't get everything it wanted.

Oil was not included in the draft resolution and neither are new air restrictions.

He said he hoped comments by US Secretary of State Rex Tillerson on Wednesday, that the US is not seeking regime change or to accelerate reunification of North and South Korea or an excuse to send the US military into the region, were honest.

President Trump has used different strategies, from charm to Twitter criticism, to urge China to put more pressure on North Korea over its nuclear program.

China has always insisted on realizing the denuclearization of the Korean Peninsula, upholding peace and stability there and seeking a solution through dialogue and consultation.

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