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As North Korea girds for latest sanctions, economy already feels the squeeze

Reuters  |  DANDONG, China 

By Sue-Lin WongDANDONG, China (Reuters) - The United Nations may have failed to slow North Korea's weapons programmes, but the country's economy is already showing signs it is feeling the squeeze from the ongoing clampdown on trade, including a curb on fuel sales by China.The latest sanctions agreed on Monday by the U.N. Security Council ban the export of textiles from North Korea, one of its few substantial foreign currency earners. They also capped imports of oil and refined products, without imposing the full ban the United States had sought. Chinese traders along the border with North ...

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First Published: Wed, September 13 2017. 14:13 IST