United Nations imposes tough new sanctions on North Korea

Georgia Reed
August 8, 2017

The resolution bans North Korea from exporting coal, iron, iron ore, lead, lead ore and seafood, which bring the country more than $1 billion (849,000 euros) in revenue.

In addition, the sanctions place nine individuals and four entities on the United Nations blacklist, including a global asset freeze and travel ban on North Korea's primary foreign exchange bank.

Tillerson says he and the South Korean diplomat plan to discuss the sanctions during their meeting, along with next steps to pressure the North.

The tests were condemned by South Korea, Japan and the U.S., and prompted the drafting of the new United Nations sanctions.

Prime Minister Shinzo Abe on Sunday hailed the sanctions, saying the resolution "clearly shows the global community's intention to raise pressure (on North Korea) to a higher level". The US ambassador to the United Nations noted that is the most stringent set of sanctions on any country ever. It called for Pyongyang suspending nuclear and missile tests, while Washington stops major joint military exercises in the region. With that test, it claimed to now have the ability to launch a strike against the entire US, although worldwide experts questioned that capability.

The Mansudae Overseas Project Group of Companies, which was also added to the blacklist, is described in the resolution as engaged in exporting workers for construction, including of monuments, in Africa and Southeast Asia.

Consent from China and Russian Federation is crucial as they are two of the five permanent veto-wielding members of the council.

"Never have they complained because, to them, they know where he stands and what he stands for", Haley said.

"We call on all sides to take a responsible attitude when making judgments and taking actions".

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I can not guess because we need to wait until Monday, it's impossible to give you the correct information of the situation. Now the feeling is good and we hope it is not a big issue.

"We should not fool ourselves into thinking we have solved the problem", UN Ambassador Nikki Haley, the former South Carolina Republican governor, told the council before the vote.

"The government welcomes the unanimous adoption of Resolution 2371 by the UN Security Council in response to North Korea's ballistic missile provocations on July 4 and 28", the Ministry of Foreign Affairs said in a released statement.

USA ambassador to the UN Nikki Haley said: "The price the North Korean leadership will pay for its continued nuclear and missile development will be the loss of one third of its export and hard currency".

He urged the North to halt its nuclear and ballistic missile tests.

"Moreover, I will tell him that to build a peace system, North Korea must respond to the two proposals we recently suggested". "It is rapidly growing more unsafe", Haley said.

"Further action is required", she added.

Haley ruled that out Saturday, saying Washington would continue to take "prudent defensive measures", including joint military drills with South Korea.

The ASEAN Regional Forum, a forum for security dialogue, draws together the 10 ASEAN countries and 17 other members, including the United States, China and Japan. "The anachronistic daydream of the U.S. politicians of damaging by means of sanctions the overall national power and strategic prestige of the DPRK which has been markedly boosted are being subject to humiliation within the U.S. as well".

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