While the resolution will impose a global travel ban and asset freeze on a range of North Koreans, including the man believed to head its overseas espionage operations and foreign intelligence collection, it will not target critical oil deliveries, a measure the Trump administration was seeking to step up pressure on Pyongyang.
In a tough speech after the vote, US Ambassador Nikki Haley said "the Security Council is sending a clear message to North Korea today: Stop firing ballistic missiles or face the consequences."
Haley urged all countries to break diplomatic ties with North Korea, stop illegal trade and do more to break up smuggling rings and cut off funding for the country's nuclear and missile programs. "Beyond diplomatic and financial consequences, the United States remains prepared to counteract North Korean aggression through other means, if necessary," she said.
By contrast, China's U.N. Ambassador Liu Jieyi stressed that the resolution reiterated the importance of maintaining peace and security on the Korean Peninsula and northeast Asia and expressed the council's commitment to a peaceful diplomatic and political solution, and to the importance of reducing tensions.
Liu said China was calling on all parties to implement the resolution and "strive for a peaceful settlement of the nuclear issue" by strengthening efforts to denuclearize the Korean peninsula and promote peace and dialogue.
He reiterated China's proposal for North Korea to suspend its nuclear and missile activities in exchange for a suspension of massive military exercises by the United States and South Korea.
In addition to the foreign intelligence chief, the resolution imposes sanctions on officials who control the media and key government and military appointments. The Vietnam representative of a bank and the heads of two companies will also face sanctions. In addition, all countries are now required to freeze the assets of two trading companies, a bank and the Strategic Rocket Force of the Korean People's Army, which is in charge of all ballistic missile programs.
The Security Council has already imposed six rounds of sanctions on North Korea, and the U.S. And its allies have pushed for tougher measures in response to a wave of missile tests by Pyongyang. But China's Liu made clear last week that Beijing's top priority is to restart talks with North Korea and reduce tensions, rather than impose new sanctions.
Another key figure on the list is Kim Chol Nam, president of Korea Kumsan Trading Co., which procures supplies for North Korea's atomic energy department and serves as "a cash route" to North Korea. The company would also be added to the sanctions list.
Others now facing sanctions include:
Kim Tong-Ho, Vietnam representative for Tanchon Commercial Bank, which is North Korea's main "financial entity for weapons and missile-related sales."
Ri Yong Mu, vice chairman of the State Affairs Commission, which directs and guide all military, defense and security-related affairs in the country, "including acquisitions and procurement."
The resolution condemns North Korea's nuclear and ballistic activities "in the strongest terms" and reaffirms the Security Council's demand that Pyongyang abandon all nuclear weapons and programs and halt all nuclear and missile tests.
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