UNSC adopts tougher sanctions on North Korea over missile launches

Faith Castro
August 8, 2017

As Chinese Foreign Minister Wang Yi said, sanctions are not the ultimate goal but rather a means to bring all the parties concerned back to talks so they can realize the ultimate aim of resolving the peninsula issue for good.

06 de agosto de 2017, 11:49Manila, Aug 6 (Prensa Latina) Chinese and Russian Foreign Ministers, Wang Yi and Serguei Lavrov, respectively, have advised today the Democratic People " s Republic of Korea (DPRK) to suspend its nuclear ballistics tests, but also the United States to defuse its tensions on the Korean Peninsula.

China, as a permanent member of the UNSC, upheld an impartial and objective position and played a responsible and constructive role in the process of the adoption of the resolution, he said.

Resolution 2371 (2017) includes the strongest sanctions ever imposed in response to a ballistic missile test.

The "double suspension" strategy calls on North Korea to end its nuclear and missile tests, while South Korea and the United Nations are supposed to end their joint military drills to ease tensions on the Korean peninsula. The DPRK pulled out of the talks in April 2009.

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"After adoption of this resolution the situation with the nuclear issue on the Korean peninsula arrived at a critical point".

The penalties enacted are aimed at reducing a billion dollars a year North Korean revenues by exporting coal, iron, lead and shellfish.

Reuters quoted US estimations earlier a full observance of these restrictive measures could slash Pyongyang's foreign currency revenues, now standing at $ 3 billion, by $ 1 billion.

"This U.N. sanctions resolution, to all intents and purposes, is an outcome of diabolical attempts of the U.S.to isolate and stifle the DPRK, which constitutes a flagrant infringement upon its sovereignty and an open challenge to it", said the statement of the DPRK government, carried by the Korean Central News Agency. "This resolution is the single largest economic sanctions package" ever levelled against Pyongyang, said Ambassador Nikki Haley of the United States, noting that the sanctions will lead to the loss of one-third of the DPRK exports and hard currency.

The 15-member body yesterday strongly condemned North Korea's ballistic missile launches on July 3 and 28 which the country has stated were of "intercontinental" range. Additional sanctions target North Korea's arms smuggling, joint ventures with foreign companies, banks, and other sources of revenue.

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