Thursday, December 1, 2016

THREATS OF NORTH KOREA: UNSC adopts sanctions resolution on N.Korea

The United Nations Security Council has adopted a resolution to impose fresh sanctions against North Korea following their 5th nuclear test last September.

Since the test, UNSC members have engaged in talks on further sanctions, led by the US and China. The members unanimously approved the resolution on Wednesday. The resolution caps UN member countries' annual coal imports from North Korea at 7.5 million tons or 400 million dollars, bringing less than half the current amount. The sanctions also impose a ban on imports of minerals from North Korea.

Sources say that this sanction will drop North Korea's annual hard currency revenue by 800 million dollars or nearly 25%.


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