You are here: Home » International » News » Politics
Business Standard

China to 'seriously' implement UN sanctions on North Korea

This measure is set to hit Pyongyang's lucrative Chinese coal exports

AFP | PTI  |  Beijing 

This undated photo distributed on Sept 6, 2016, by the North Korean govt shows North Korean leader Kim Jong-un looking though binoculars at the site of a ballistic missile launching at an undisclosed location in North Korea.
.

will "seriously" implement new sanctions imposed on over its nuclear and missile programmes, it said on Thursday, with the measures set to hit Pyongyang's lucrative Chinese coal hard.

Security Council resolution 2321, passed on Wednesday, caps the North's annual coal at little more than four months of current sales to China, Chinese data shows.

Spearheaded by the United States, the response to the hermit state's latest nuclear test in September was approved 15-0 after extended negotiations.

It limits North Korea's coal next year to 7.5 million tonnes or just over $400 million, down 62% on 2015.

The cap represents a fraction of the North's current annual to China, the isolated country's sole ally and its main provider of trade and aid.

imported 1.8 million tonnes of coal worth $101 million from in October alone, according to the most recent figures available on the Chinese Customs website. The volume was up nearly 40% year-on-year.

will "serious" implement the resolution, foreign ministry spokesman Geng Shuang told reporters at a regular briefing.

China, a veto-wielding permanent Security Council member, had a "responsible attitude", he added, and had always implemented UNSC resolutions and fulfilled "its obligations according to the charter".

Trade with the world's second largest economy is crucial for the isolated and impoverished North, which has suffered regular food shortages and an outright famine in the mid- 1990s.

The North's coal to the Asian giant have continued unabated despite previous sanctions, which included exemptions allowing trade to continue for "livelihood" purposes but did not set criteria for the determination.

"The point here is not the figures", but the legality of the imports, Chinese foreign ministry spokesman Geng Shuang said last week.

The limit in the latest sanctions resolution applies even if the sales are for livelihood purposes.

Although has traditionally protected Pyongyang diplomatically, believing that Kim Jong-Un's regime is preferable to its collapse, it has grown frustrated by its neighbour's defiance.

regularly says it "firmly opposes" the North's nuclear tests, but analysts believe it has resisted targeting the country's fragile economy for fear of provoking the regime's collapse.

RECOMMENDED FOR YOU

China to 'seriously' implement UN sanctions on North Korea

This measure is set to hit Pyongyang's lucrative Chinese coal exports

This measure is set to hit Pyongyang's lucrative Chinese coal exports
will "seriously" implement new sanctions imposed on over its nuclear and missile programmes, it said on Thursday, with the measures set to hit Pyongyang's lucrative Chinese coal hard.

Security Council resolution 2321, passed on Wednesday, caps the North's annual coal at little more than four months of current sales to China, Chinese data shows.

Spearheaded by the United States, the response to the hermit state's latest nuclear test in September was approved 15-0 after extended negotiations.

It limits North Korea's coal next year to 7.5 million tonnes or just over $400 million, down 62% on 2015.

The cap represents a fraction of the North's current annual to China, the isolated country's sole ally and its main provider of trade and aid.

imported 1.8 million tonnes of coal worth $101 million from in October alone, according to the most recent figures available on the Chinese Customs website. The volume was up nearly 40% year-on-year.

will "serious" implement the resolution, foreign ministry spokesman Geng Shuang told reporters at a regular briefing.

China, a veto-wielding permanent Security Council member, had a "responsible attitude", he added, and had always implemented UNSC resolutions and fulfilled "its obligations according to the charter".

Trade with the world's second largest economy is crucial for the isolated and impoverished North, which has suffered regular food shortages and an outright famine in the mid- 1990s.

The North's coal to the Asian giant have continued unabated despite previous sanctions, which included exemptions allowing trade to continue for "livelihood" purposes but did not set criteria for the determination.

"The point here is not the figures", but the legality of the imports, Chinese foreign ministry spokesman Geng Shuang said last week.

The limit in the latest sanctions resolution applies even if the sales are for livelihood purposes.

Although has traditionally protected Pyongyang diplomatically, believing that Kim Jong-Un's regime is preferable to its collapse, it has grown frustrated by its neighbour's defiance.

regularly says it "firmly opposes" the North's nuclear tests, but analysts believe it has resisted targeting the country's fragile economy for fear of provoking the regime's collapse.
image
Business Standard
177 22

China to 'seriously' implement UN sanctions on North Korea

This measure is set to hit Pyongyang's lucrative Chinese coal exports

will "seriously" implement new sanctions imposed on over its nuclear and missile programmes, it said on Thursday, with the measures set to hit Pyongyang's lucrative Chinese coal hard.

Security Council resolution 2321, passed on Wednesday, caps the North's annual coal at little more than four months of current sales to China, Chinese data shows.

Spearheaded by the United States, the response to the hermit state's latest nuclear test in September was approved 15-0 after extended negotiations.

It limits North Korea's coal next year to 7.5 million tonnes or just over $400 million, down 62% on 2015.

The cap represents a fraction of the North's current annual to China, the isolated country's sole ally and its main provider of trade and aid.

imported 1.8 million tonnes of coal worth $101 million from in October alone, according to the most recent figures available on the Chinese Customs website. The volume was up nearly 40% year-on-year.

will "serious" implement the resolution, foreign ministry spokesman Geng Shuang told reporters at a regular briefing.

China, a veto-wielding permanent Security Council member, had a "responsible attitude", he added, and had always implemented UNSC resolutions and fulfilled "its obligations according to the charter".

Trade with the world's second largest economy is crucial for the isolated and impoverished North, which has suffered regular food shortages and an outright famine in the mid- 1990s.

The North's coal to the Asian giant have continued unabated despite previous sanctions, which included exemptions allowing trade to continue for "livelihood" purposes but did not set criteria for the determination.

"The point here is not the figures", but the legality of the imports, Chinese foreign ministry spokesman Geng Shuang said last week.

The limit in the latest sanctions resolution applies even if the sales are for livelihood purposes.

Although has traditionally protected Pyongyang diplomatically, believing that Kim Jong-Un's regime is preferable to its collapse, it has grown frustrated by its neighbour's defiance.

regularly says it "firmly opposes" the North's nuclear tests, but analysts believe it has resisted targeting the country's fragile economy for fear of provoking the regime's collapse.

image
Business Standard
177 22