UN Security Council imposes harshest sanctions against N Korea (Third lead)

Image
IANS United Nations
Last Updated : Aug 06 2017 | 1:57 PM IST

The Security Council has imposed the toughest ever sanctions on North Korea, squeezing the flow of the defiant nation's economic lifeblood to punish it for its nuclear and missile tests.

US Permanent Representative Nikki Haley, who piloted Resolution 2371 on Saturday, called it "the most stringent set of sanctions on any country in a generation".

This is "the single largest economic sanctions package ever levelled against the North Korean regime" and it will result in "the loss of one-third of its exports and hard currency", she added.

The sanctions voted on Saturday seek to block North Korea's exports of coal, iron, iron ore, seafood and lead and prohibit countries from hiring any more of that country's citizens.

It also banned starting new joint ventures with North Korea or expanding existing ones.

Actions against North Korea gained renewed urgency after North Korea tested on July 28 a ballistic missile that experts say could reach major US cities.

North Korea's patron, China, with its veto power in the Security Council, holds to key to any action against Pyongyang.

The sanctions were a triumph for the US that came after Haley worked strenuously to get a reluctant Beijing to agree to further tightening the restrictions on Pyongyang.

Haley acknowledged that China had made "important contributions" for getting the sanctions voted and personally thanked its delegation.

In response, China's ambassador, Liu Jieyi, said the resolution showed that the world was "united in its position regarding the nuclear position on the Korean peninsula".

The measures would be the seventh set of UN sanctions imposed on North Korea since it first carried out a nuclear test in 2006.

At a press conference earlier in the week, Liu had assigned Washington blame for the Korean missile crisis and opposed more sanctions against Pyongyang.

Washington had refused to hold talks with Pyongyang and took action and used language that escalated the tension in the region, he said.

While Beijing relented and agreed to some additional sanctions, Liu noted on Saturday that they did not impact such non-military items like food and humanitarian aid and this was affirmed in the sanctions resolution.

China's emphasis on dialogue to deal with the situation was also echoed in the resolution, which called for resuming the Six-Party Talks involving the two Koreas, China, the US, Russia and Japan.

Both Russia and China pitched to the Security Council their joint July 4 proposal for a two-track approach to the North Korean crisis. It called for Pyongyang suspending nuclear and missile tests, while Washington stops major joint military exercises in the region.

Russia's Permanent Representative Vassily Alekseevich Nebenzia said there could be no progress as long as North Korea perceived a direct threat to its security from military exercises by the US and its regional allies and the deployment of the anti-ballistic missile system, Terminal High Altitude Area Defence (THAAD).

(Arul Louis can be reached at arul.l@ians.in)

--IANS

al/mr/ksk

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2017 | 1:46 PM IST

Next Story