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China to halt coal imports from NKorea.


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business
breaking news
China to halt coal imports from NKorea.
China is suspending all coal imports from North Korea, a measure taken to comply with sanctions imposed on Pyongyang by the United Nations.
The ban will be in place through December 31, according to a joint statement by China's Ministry of Commerce and General Administration of Customs.
The statement said the decision was made to ensure China was complying with the UN Security Council's Resolution 2321, which was approved in late November and imposes new sanctions on North Korea in retaliation for its September 9 nuclear test.
The Council decided then that annual imports of coal from North Korea by member states should not exceed $US400.9 million, or 7,500,000 metric tonnes, whichever is lower.
Saturday's announcement comes after news reports this week that China had turned back a shipment of North Korean coal worth around $US1 million.
China in December had announced a temporary halt to imports of North Korean coal, saying the move was taken to ensure compliance with Resolution 2321.
China is the lone customer for North Korea's coal, one of the North Asian nation's only sources of hard currency.
The announcement follows Monday's poison-attack killing at Kuala Lumpur's airport of Kim Jong-nam, the half-brother of North Korean leader Kim Jong-un.
The Chinese government has not commented on that crime except to say it was closely following the local authorities' investigation.
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It looks like the UN was able to accomplish something after all. 

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All they accomplished is to start another war for the reunification of north and south Korea...the UN seems good at starting wars.

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1 hour ago, heretoeternity said:

All they accomplished is to start another war for the reunification of north and south Korea...the UN seems good at starting wars.

Can you provide an example of a war the UN has started? 

Personally, I think the sanctions against North Korea are a good thing. Hopefully this will keep their nuclear program in check. 

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Live and learn...

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