Proposed sanctions on North Korea a 'major upgrade': US

The sanctions for the first time would subject cargo ships leaving and entering North Korea to mandatory inspections

North Korea flag image via Shutterstock
<a href="http://www.shutterstock.com/pic-87123070/stock-photo-the-flag-of-north-korea-waving-in-the-wind-against-a-blue-sky.html?src=rHVcsI_UIzsfSLm2XpGwVw-1-58" target="_blank">North Korea flag</a> image via Shutterstock
APPTI United Nations
Last Updated : Feb 26 2016 | 9:25 AM IST
The United States has introduced a draft UN Security Council resolution which said it will significantly increase pressure on North Korea in response to its latest nuclear test and rocket launch.

Ambassador Samantha Power said the draft, which for the first time would subject cargo ships leaving and entering North Korea to mandatory inspections, goes farther than previous sanctions and is meant to ensure North Korea will be held accountable for its actions.

"It is a major upgrade and there will be, provided it goes forward, pressure on more points, tougher, more comprehensive, more sectors. It's breaking new ground in a whole host of ways," Power said before heading into a closed-door meeting where the US planned to circulate the draft to all 15 council members.

The draft is the result of an agreement between the United States and China, North Korea's main ally and Beijing's involvement signals a policy shift with regard to its often erratic neighbour. The council is expected to vote on it over the weekend.

"We are opposed to any nuclear testing and the launch testing of ballistic missile technology and we hope this resolution will help to prevent further occurrences of this nature," China's Ambassador Liu Jieyi said following the meeting.

Jieyi said China was working very closely with other members of the Security Council and that he hoped the resolution "would achieve the objective of denuclearization" and result in "peace and stability."

In Washington, White House spokesman Josh Earnest said the resolution praised China's cooperation.

"I do think that it is indicative of how productive diplomacy can be. It's not easy, but it certainly is an indication that the United States and China, when our interests are aligned, can cooperate quite effectively to advance the interests of citizens in both our countries," Earnest said.

Power said the sanctions would also prohibit the sale of small arms and other conventional weapons to North Korea, closing a loophole in earlier resolutions.

Power said sanctions would also limit and in some cases ban exports of coal, iron gold titanium and rare earth minerals from North Korea and would prohibit countries from supplying aviation fuel, including rocket fuel to the country.
*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: Feb 26 2016 | 9:07 AM IST

Next Story