China will suspend all imports of coal from North Korea for the rest of the year, Beijing said Saturday, depriving Pyongyang of a crucial source of foreign exchange following its latest missile test.
“(China) will temporarily stop its imports of coal from North Korea for the rest of this year (including coal for which customs applications have been made but not yet processed),” the commerce ministry said in a statement posted on its website.
South Korea’s Yonhap news agency reported last week that a shipment of North Korean coal worth around $1 million was rejected at Wenzhou port on China’s eastern coast.
The decision came less than a week after North Korea’s latest missile test, as tensions escalate over the reclusive state’s defiance of UN resolutions.
North Korea’s leader Kim Jong-un has been trying to strengthen his grip on power in the face of growing international pressure over his country’s nuclear and missile programs.
The communiqué from Beijing came as investigators in Malaysia probe the shock assassination of Kim’s half-brother on Monday.
The UN Security Council sharply castigated Pyongyang on Monday for the missile test a day earlier, describing it as a “grave violation” of UN resolutions and threatening “further significant measures.”
On Wednesday Pyongyang defended the missile launch and slammed the UN Security Council condemnation.
The rocket launch was the first since US President Donald Trump came to power and was seen as a challenge to the new American leader, who has vowed a strong response to the provocation.
Trump has repeatedly called out China for doing too little to help stop North Korea’s nuclear program.
US Secretary of State Rex Tillerson on Friday used his first meeting with Chinese counterpart Wang Yi to urge Beijing “to use all available tools to moderate North Korea’s destabilizing behavior.”
Pyongyang is barred under UN resolutions from carrying out ballistic missile launches or nuclear tests.
North Korea blasted off a series of missiles and conducted two nuclear tests in 2016 in its quest to develop a weapons system capable of hitting the US mainland.
The latest rocket — said by Pyongyang to be able to carry a nuclear warhead — flew east for about 500 kilometers (310 miles) before falling into the Sea of Japan (East Sea), South Korea’s defense ministry said.
The Security Council has imposed 6 sets of sanctions since Pyongyang first tested an atomic device in 2006.
Beijing traditionally ensured that UN Security Council resolutions on sanctions against Pyongyang included humanitarian exemptions, and had continued to purchase huge amounts of North Korean coal — $101 million worth in October alone.
But the latest resolution, passed in December, had no such clause and Beijing suspended purchases of coal from the North — for three weeks to Dec. 31.
Source: Arab News
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor