United Nations imposes tough new sanctions on North Korea

United Nations imposes tough new sanctions on North Korea

All countries are now banned from importing North Korean coal, iron, lead and seafood products, and from letting in more North Korean laborers whose remittances help fund Kim Jong Un's regime.

China and Russian Federation expressed concern about the ICBM test, but urged dialogue with North Korea while criticizing Washington's strong rhetoric and deployment of a missile defense system in South Korea.

Southeast Asia's top diplomats have slammed North Korea with a sharp rebuke over its intercontinental ballistic missile tests and reminded Pyongyang of its duty to avoid conflicts as a member of Asia's biggest security forum.

The sanctions against North Korea for its escalating nuclear and missile programs include a ban on coal and other exports worth over $1 billion - a huge bite in its total exports, valued at $3 billion previous year.

"Do not violate the UN's decision or provoke worldwide society's goodwill by conducting missile launching or nuclear tests", Wang told Yong Ho. The South China Sea has always been the most divisive issue within ASEAN, with China's influence looming large.

"The Security Council increased the penalty of North Korea's ballistic missile activity to a whole new level".

"It will cut into a third of their economy, and I think they will have to respond accordingly", U.S. Ambassador to the U.N. Nikki Haley said.

The new resolution restricts North Korea's technology trade and tightens enforcement of sanctions on North Korean vessels by banning violators from entering ports around the world.

The "DPRK strongly condemns and rejects the so-called unilateral sanctions by the USA, and all other countries in the world also need to seriously ponder over the outrageous and unlawful act of the United States", the statement added, referring to the country's official name, the Democratic People's Republic of Korea.

This picture taken and released on July 4, 2017 by North United Nations Security Council has imposed tougher sanctions on North Korea.

U.S. Secretary of State Rex Tillerson has said Washington wants eventually to talk to North Korea, but thinks discussions would not be productive if Pyongyang comes with the intention of maintaining its nuclear weapons.

The development came after US President Donald Trump signed a congressional bill, titled 'Countering America's Adversaries Through Sanctions Act, ' into law earlier in the week in a bid to impose further economic sanctions on North Korea, Russia and Iran. China and Russian Federation also agreed to the plan of implementing sanctions when North Korea conducted another round of testing on July 28, Los Angeles Times reported.

A draft ARF chairman's statement, seen by Reuters, said the foreign ministers would express "grave concerns" about the Korean peninsula. CORDIAL TALKS Wang's meeting with North Korea's Ri started off cordially, with Ri smiling as the two shook hands. In response, South Korea's Foreign Minister Kang Kyung-wha said the regime's missile launch significantly heightened threats in the region and President Moon was left with no other option.

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