North Korea says Peru throwing 'gas on the fire' of nuclear spat

North Korea says Peru throwing 'gas on the fire' of nuclear spat

North Korea says Peru throwing 'gas on the fire' of nuclear spat

The new sanctions imposed unanimously by the UN Security Council Monday ban North Korean textile exports and restrict shipments of oil products.

That warning follows reported remarks from China's and Russia's ambassadors to the United Nations on Monday, in which the two countries warned the USA against "the four nos": No government change, no government collapse, no accelerated reunification and no military deployment north of the 38th parallel dividing the Korean Peninsula.

Further, Han acted aghast at how the US continues to be "obsessed with the wild game of reversing" North Korea's nuclear program, which he says has already achieved "completion phase".

The U.N. Security Council's new restrictions could further bite into North Korea's meager economy after what Kim Jong Un's authoritarian government says was a hydrogen bomb test September 3.

Beijing has called for United Nations Security Council (UNSC) member states to engage in sufficient discussion and reach a consensus on North Korea-related issues.

Still, North Korea denounced efforts by Washington to impose new United Nations -backed sanctions against the country.

The global community has put many sanctions on North Korea over the years but they've had little effect on the Hermit Kingdom's ability to develop nuclear weapons.

Joint ventures will be banned and the names of senior North Korean official and three entities were added to a United Nations sanctions blacklist that provides for an assets freeze and a global travel ban.

Exports of refined oil to North Korea will be cut in about half, to 2 million barrels annually, according to a US diplomat involved in the talks.

It came in response to Pyongyang's sixth and largest nuclear test on September 3, which it said was of an advanced hydrogen bomb.

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US officials say efforts to rein in the North Korean regime are being undermined by China's trade and finance relationship with Pyongyang.

"How would we know if China is limiting crude oil exports if it doesn't report the data to begin with?" asked Kent Boydston, a research analyst at the Peterson Institute for International Economics.

Rep. Eliot Engel, the committees top-ranking Democrat, supported the pressure campaign but strongly criticized President Donald Trumps commentary on the North Korean crisis, which he said was making matters worse.

The US watered down an initial tougher draft resolution to win the support of Pyongyang ally China and Russian Federation.

"There's so many countries around the world that have those North Korean business communities, that have those political ties still to North Korea that aren't using the leverage that they too have".

"On this scale of threats, intimidation and insults it's probably just par for the course from North Korea", Foreign Minister Julie Bishop said on Wednesday.

DPRK is short for the North's formal name, the Democratic People's Republic of Korea.

But the first thing to understand is that North Korea is a very poor country. "If they can not, we will not let them use it", the staffer added.

The resolution would particularly hit North Korea's textile exports, which are second only to coal and other minerals in generating earnings, bringing in a total of $752 million a year ago, according to the Korea Trade-Investment Promotion Agency.

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