World Media

China Says Imports From North Korea Fall as Sanctions Enforced

China Says Imports From North Korea Fall as Sanctions Enforced”

United States Ambassador to the United Nations Nikki Haley hinted shortly after North Korea's missile launch that she would propose new sanctions on the communist regime.

U.S. and United Nations sanctions have failed to deter North Korea from pursuing its nuclear and missile programs, and on Friday, it justified its ICBM test as an exercise of its legitimate right to self-defense.

North Korea's multiple missile tests in recent months, culminating with its first-ever successful launch last week of an intercontinental ballistic missile capable of reaching Alaska, has alarmed the global community and presented Trump's first major foreign policy test.

The so-called secondary sanctions now being considered are a way for the United States to apply targeted economic pressure on companies in countries with ties to North Korea by denying them access to the U.S. market and financial system.

Blac Chyna wins restraining order against Rob Kardashian
Chyna went on to say that although she frequently posts semi-nude photos of herself, it should be her choice to reveal her body. Since hiring her attorney, Chyna has made a decision to go forward with a temporary restraining order against Kardashian .

But in recent weeks, Trump has fired off tweets denouncing China's trade with North Korea and cast doubt on whether Beijing was doing enough to counter Pyongyang.

US President Donald Trump claimed in a tweet this month that China-North Korea trade in the first quarter "grew nearly 40 percent".

The report linked Iran and North Korea, claiming that both states were moving toward producing the Fadj-5 Aero CRBM and KN-SS-X-9, respectively.

The North says it will not abandon its missile and military nuclear programs until the U.S. ends its hostility toward Pyongyang.

India slams Pakistan for glorifying Burhan Wani, supporting and sponsoring terrorists
Shops and business establishments opened despite the day being Sunday while private and public transport services also resumed. The police fired tear gas canisters when protesters threw rocks at them - an increasingly common tactic in the region.

It has been reported that the USA has proposed a new draft UNSC resolution for further sanctions on North Korea to China. Imports from North Korea are declining every month beginning March.

For the Chinese government, purchases of iron ore provide a way to support the regime of Kim Jong Un now that sanctions more strictly cover North Korean coal.

Mr Huang said yesterday that total trade rose 10.5 per cent to US$2.55 billion in the first six months of this year compared with the same period a year ago. However in February China said it would halt purchases until the end of the year, in compliance with Security Council resolutions over the North's nuclear program. The Security Council approved a resolution in November that exempted transactions in iron and iron ore intended "exclusively for livelihood purposes".

Since North Korea relies on Chinese imports for many of its basic requirements, maintaining exports of iron ore and other commodities helps to keep the flow of essentials from drying up, said Leonid Petrov, Korean Studies researcher at Australian National University's College of Asia and the Pacific. In view of past experience, it has taken successively more and more time to garner the support of China and Russian Federation in strengthening sanctions against the North.

SC upholds Duterte's declaration of martial law in Mindanao
Panelo added Duterte only did what was right in the face of an "actual rebellion in Mindanao initiated by the Maute Group". Mr Duterte said that he could indeed extend it and he also threatened to extend it if necessary to the whole country.



Like this

Latest


14 July 2017
Jupiter's stunning Great Red Spot, seen like never before
According to NASA , the Great Red Spot's winds peak at approximately 400 miles per hour and have been swirling for more than 150 years.

14 July 2017
FDA panel endorses first gene-altering therapy for leukemia patients
David Agus, director of the USC Norris Westside Cancer Center and CBS News medical contributor, said on "CBS This Morning". The concept, called CAR-T, was devised by the University of Pennsylvania and drug maker Novartis Corp.

12 July 2017
Majority Of Republicans Think Higher Education Is Bad For The United States
Conservative Republicans are more likely to have a negative view of institutions of higher education than moderate Republicans . Results among the full sample have a margin of sampling error of plus or minus 2.3 percentage points.

11 July 2017
Cardinal George Pell reaches Australia to face sexual abuse charges
In his role as the Vatican "Secretariat for the Economy" he is third in charge of the Church answering directly to the Pope. On Sunday, images emerged of a casual Cardinal Pell at an ice-cream shop in Singapore's main tourist strip Orchard Road.

08 July 2017
Gov. Ethics Director Walter Shaub Just Resigned - Unhappy With President
A top USA ethics official, who has clashed repeatedly with the Trump administration, announced his resignation on Thursday. He called Trump's plan to hand control of his empire to his sons " meaningless from a conflicts of interest perspective".

07 July 2017
Tesla Ready to Launch Model 3
With the results released Monday, Tesla's first-half sales were at the lower end of its prediction of 47,000 to 50,000 units. Musk also mentioned that "Production grows exponentially, so August should be 100 cars and September above 1500".

07 July 2017
Microsoft announces sales force reorganization that'll impact thousands of jobs
The company told CNBC that the cuts aren't about reducing costs but rather, changing how they handle sales. All three executives on Monday notified employees of a reorganisation, but did not mention layoffs.

06 July 2017
Worldpay, M&A in focus as European shares consolidate, Wall Street on break
Payment processing giant Vantiv has reached a deal to acquire London-based processing rival Worldpay for around $10 billion. Vantiv will dominate the board with seven members, including Charles Drucker as executive chairman and co-chief executive.

05 July 2017
Celtics to sign Hayward
The 27-year-old made the National Basketball Association all-Star team last season, averaging a career-high 21.9 points per game. Two league sources immediately confirmed that Celtics president Danny Ainge had not, in fact, heard from Hayward .

05 July 2017
Machine learning comes to Tour de France
Both Thomas and Froome are fine, Team Sky said. "There was a crash in front of us and again I had nowhere to go". Marien said they were applying UCI race rules that allow them to disqualify riders in "serious cases".



Recommended