After US Compromise, Security Council Strengthens North Korea Sanctions

After US Compromise, Security Council Strengthens North Korea Sanctions”

Besides, the UN Security Council has also capped crude oil and refined petroleum products deliveries.

Also, the Japanese daily Yomiuri Shimbun said on Wednesday Japan, the United States and South Korea are in final stages of talks to hold a trilateral summit on the sidelines of the UN General Assembly in NY.

Nonetheless, U.S. Ambassador Nikki Haley told the council after the vote that "these are by far the strongest measures ever imposed on North Korea". Nevertheless, ahead of the UN Security Council meeting, the country said that if the United States did eventually push through harsher sanctions, North Korea would "absolutely make sure that the USA pays due price".

Both Russia and China reiterated their proposal that the United States and South Korea freeze all military drills - which anger North Korea - and asked for a halt in the deployment of the controversial anti-missile system Thaad, in exchange for Pyongyang's cessation of its weapons programmes.

Haley reacted to the bomb test last week by calling for the fullest range of worldwide sanctions, including a cutoff of all oil supplies, in a new Security Council resolution.

Chinese officials have also privately expressed fears that an oil embargo could risk causing massive instability in its neighbour. "If it proves it can live in peace, the world will live in peace with it", she told the security council following the adoption of the new sanctions. He cited Trumps warning last month of “fire and fury” against the North if it makes more threats, and his “shaming” of allies through tweets, which he said undermined US credibility.

Speaking at the UN Conference on Disarmament in Geneva, Switzerland, Han Tae Song reiterated his country's claim that "forthcoming measures" will "make the USA suffer the greatest pain" in response to resolution 2375.

North Korea's Foreign Ministry issued a statement early Monday saying it was watching the United States' moves closely and warned that it was "ready and willing" to respond with measures of its own.

Nor does the resolution impose a travel ban or asset freeze on Kim, as the original US draft had set out.

The US is also seeking to ban all countries from hiring workers from the North and from importing textiles from the northeast Asian nation - two key sources of foreign currency.

Referring to the country by its official title, the Democratic People's Republic of Korea, it added: "The forthcoming measures to be taken by the DPRK will cause the USA the greatest pain and suffering it has ever gone through in its entire history".

"The world will witness how the DPRK tames the United States gangsters by taking series of action tougher than they have ever envisaged", the North Korean Foreign Ministry said in a statement carried by the official Korean Central News Agency. This cost Pyongyang an estimated $1 billion that is about a third of its export economy.

"We should go after banks and companies in other countries that do business with North Korea the same way", he said.

"As the Chinese cut off oil and gas, we're seeing them turn to Russian Federation", an unnamed senior official said to have knowledge of smuggling operations told the paper. Any sanctions against North Korea must be pursued from a long-term perspective, but that does not mean South Koreans should be exposed to the North's threats in the meantime.

Security Council diplomats, who weren't authorized to speak publicly because talks have been private, said the USA and China were still negotiating the text late Sunday. He acknowledged that losing trade with China would hurt the USA, but suggested it was a price Washington is willing to pay to get Beijing to step up its pressure on Pyongyang.

Like this


13 September 2017
Hurricane bears down on quake-rattled Mexico
On Sept. 8, the National Hurricane Center posted a Hurricane Watch for Antigua, Barbuda, and Anguilla, Saint Maarten, St. The storm is considered a "small tropical cyclone", with winds around 129km/h and an expected 13 to 25cm of rain.

13 September 2017
Calamos Advisors LLC Has $20.25 Million Holdings in FleetCor Technologies, Inc. (FLT)
Blackhill Capital Inc decreased Philip Morris Intl Inc Com (NYSE:PM) stake by 4,220 shares to 103,004 valued at $9.42M in 2016Q4. Liberty Global plc - Class A Ordinary Shares (NASDAQ:LBTYA) has declined 3.90% since September 4, 2016 and is downtrending.

13 September 2017
Junior Cert results day for Kilkenny students
Five pupils at one Limerick school are celebrating after they each achieved nine As in the in their Junior Cert exams. Some 3,240 students in the county will receive the results of last June's exams from their schools today.

13 September 2017
2 die in blast near Kabul International Stadium
A security personnel and a civilian were killed by the blast at 3.45 pm local time, the reports added. No group including the Taliban insurgents has so far claimed responsibility behind the incident.

13 September 2017
European Commission takes second step against Poland
It said it was giving Warsaw one month to address judicial changes which it believes violate the rule of law. Brussels has warned that the new rules allow the justice minister to influence individual judges.

13 September 2017
Raveena Tandon VS Anil Kapoor In The Battle For The Hairiest Chest
Raveena and Anil have worked together in several films, including Laadla, Gharwali Baharwali and Bulandi , among others. The director-choreographer shared pictures from the sets and one of them is just hilarious.

13 September 2017
Brexit talks postponed to hand negotiators more flexibility: Britain
The Government is also offering to agree joint foreign policy positions with Brussels , including co-operating on worldwide sanctions against states or terrorist organisations.

13 September 2017
US Supreme Court Allows Trump's Broad Refugee Ban
The dispute concerned the reach of the high court's June ruling , which allowed the president's order to take partial effect. On the other hand, the court said, relationships formed for the goal of evading the travel ban did not count.

13 September 2017
Frankfurt 2017: Mercedes-Benz EQA concept electrifies the compact class
In rapid charging mode, the EQA concept needs 10 minutes of juicing up to add 100 km (62 miles) of extra range. Compared with the B-Class F-CELL, the drive system offers around 40 percent more output.

13 September 2017
Casino "SL Casino Riga" of Storm International chain to open in Riga
Guests could relax playing the most popular slots, roulette and video poker, as well as enjoy original entertaining show programs. The interiors are made in soft colors and the muffled lighting is done to create an atmosphere of luxury and relaxation.