UN slaps new sanctions on North Korea following missile tests

The particular United Nations Security Council Saturday with one voice approved new sanctions against Northern Korea in the wake of the communist nation’s first successful tests associated with intercontinental ballistic missiles capable of achieving the United States.

The sanctions resolution bans North Korean exports of fossil fuel, iron, iron ore, lead, prospect ore and seafood resources which are worth over $1 billion towards the regime of Kim Jong El. North Korea exported an estimated $3 billion worth of goods last year.

U. S i9000. Ambassador Nikki Haley praised the brand new sanctions, telling council members following the vote that it is “the single biggest economic package ever leveled contrary to the North Korean regime. ”

But the lady warned that it is not enough and “we should not fool ourselves into considering we have solved the problem — not really close. ”

“The threat of the outlaw nuclearized North Korean dictatorship remains… (and) is rapidly growing a lot more dangerous, ” Haley told authorities members after the vote.

Countries are also banned through giving any additional permits to Northern Korean laborers — another supply of money for Pyongyang.   Plus it prohibits all new joint ventures along with North Korean companies and bans new foreign investment in current ones.

The resolution was drawn up by the U. S. and discussed with North Korea’s neighbor plus ally China. It is aimed at raising economic pressure on Pyongyang to come back to negotiations on its nuclear and missile programs.

The Security Council has imposed six rounds of sanctions that have failed to halt North Korea’s drive to improve its ballistic missile and nuclear weapons capabilities.

“All of the ICBM and nuclear irresponsibility needs to stop, ” Haley told reporters as she headed to the authorities to vote.

The resolution condemns the particular launches “in the strongest terms” and reiterates previous calls for Northern Korea to suspend all ballistic missile launches and abandon the nuclear weapons and nuclear system “in a complete, verifiable and permanent manner. ”

A Security Council diplomat informed the Associated Press that fossil fuel has been North Korea’s largest foreign trade, earning $1. 2 billion this past year which was then restricted by the Safety Council in November to a optimum $400 million. This year, Pyongyang has been estimated to earn $251 mil from iron and iron ore exports, $113 million from direct and lead ore exports, plus $295 million from fish plus seafood exports, the diplomat mentioned.

The particular resolution also adds nine Northern Koreans, mainly officials or associates of companies and banks, towards the U. N. sanctions blacklist, banning their travel and freezing their own assets. It also imposes an asset freeze out on two companies and 2 banks.

The council diplomat, who was not really authorized to speak publicly plus insisted on anonymity, called the recently sanctioned Foreign Trade Bank “a very critical clearing house meant for foreign exchange. ”

The Mansudae Abroad Project Group of Companies, which was furthermore added to the blacklist, is referred to in the resolution as engaged in conveying workers for construction, including associated with monuments, in Africa and Southeast Asia.

The resolution asks the safety Council committee monitoring sanctions towards North Korea to ban the particular import of many more so-called dual-use items, which have commercial purposes yet can also be used in conventional, biological, chemical substance or nuclear weapons.

It also provides the committee a green light to select specific vessels that are breaking sanctions from entering ports all over the world and also to work with Interpol to enforce journey bans on North Koreans at the sanctions blacklist.

The resolution communicates regret at North Korea’s “massive diversion of its scarce resources towards its development of nuclear weapons plus a number of expensive ballistic missile programs” — a point stressed by Haley.

It notes U. N. results that well over half the population does not have sufficient food and medical care, while 1 / 4 suffers from chronic malnutrition.

“These sanctions will cut deep, and in doing this will give the North Korean management a taste of the deprivations they have got chosen to inflict on the North Korean people, ” Haley said. “Revenues aren’t going toward feeding the people. Instead, the North Korean regime is literally starving its individuals and enslaving them in mines and factories in order to fund these types of illegal missile programs. ”

Although the economic sanctions have teeth, Wa didn’t get everything it wished.

In early July, Haley told the safety Council that if it was united, the particular international community could cut off main sources of hard currency to Northern Korea, restrict oil to the military and weapons programs, boost air and maritime restrictions plus hold senior officials accountable.

None oil nor new air limitations are included in the resolution.

Its usage follows U. S. Secretary associated with State Rex Tillerson’s comments Wed reassuring North Korea that Wa is not seeking regime change or even an accelerated reunification of the Korean Peninsula — comments welcomed simply by China’s foreign minister.

China’s Oughout. N. Ambassador Liu Jieyi stated the Chinese government hopes the usa will translate these commitments “into concrete policies” toward North Korea.

Russia’s U. N. Ambassador Vassily Nebenzia said Moscow hopes Tillerson’s assurances “would be clear that this United States is not seeking to dismantle the present… situation (in North Korea) in order to force to reunite the country or even militarily intervene in the country. ”

Tillerson also said the United States wants to speak eventually with North Korea yet thinks discussions would not be effective if Pyongyang comes with the intention associated with maintaining its nuclear weapons.

Northern Korea has repeatedly said it will eventually never give up its nuclear strategy, which it sees as a assure of its security.

The resolution reestablishes language from previous ones helping a return to six-party talks using the goal of denuclearizing the Korean Peninsula; expressing the Security Council’s dedication “to a peaceful, diplomatic plus political solution to the situation”; plus stressing the importance of maintaining peace plus stability in northeast Asia.

Liu said “China has been making tireless efforts to promote denuclearization of the Korean Peninsula and to uphold peace plus stability” and will keep working to persuade other governments to support its suspension-for-suspension proposal.

Under the proposal and a map supported by Russia, North Korea would suspend nuclear and missile tests in exchange for the U. Ersus. and South Korea suspending their particular joint military exercises. It also contains security measures for both Northern Korea and South Korea resulting in denuclearization of the Korean Peninsula.

Yet Haley told the Security Council that will U. S. -South Korean army exercises have been carried out regularly plus openly for nearly 40 years and “they will continue. ”

Russia’s Nebenzia stressed that sanctions “need to become a tool for engaging the country within constructive talks” and must not be useful for “economic asphyxiation” of the country or even “to deliberately worsen the economy. ”

The Associated Press led to this report.