European Union seeks to ramp up North Korea sanctions pressure

Pauline Gross
September 13, 2017

"If it agrees to stop its nuclear programme, it can reclaim its future ... if North Korea continues its risky path, we will continue with further pressure", said Haley, who credited a "strong relationship" between US President Donald Trump and Chinese President Xi Jinping for the successful resolution negotiations.

President Donald Trump said on Tuesday the latest United Nations sanctions on North Korea agreed this week were only a very small step and nothing compared to what would have to happen to deal with the country's nuclear program.

"The adoption of another illegal and evil "resolution on sanctions" piloted by the US served as an occasion for the DPRK to verify that the road it chose to go down was absolutely right", the North's foreign ministry said in a statement published by the official KCNA news agency.

The new sanctions ban textile imports from North Korea, prohibit the sale of natural gas to the regime and sets a cap of two million barrels per year for refined petroleum sales to Pyongyang.

Haley said the resolution never would have happened without the "strong relationship" between President Donald Trump and Chinese President Xi Jinping. With previous sanctions resolutions, the USA spent weeks and sometimes months negotiating the text with China and then presenting a resolution to the rest of the Security Council for a vote.

The proposal included a ban on oil and textile exports to North Korea and prohibited North Korean citizens from working overseas.

As for the North Koreans, their official news agency on Friday said the country's "nuclear weaponization. has reached its final phase".

"The bilateral and diplomatic measure taken yesterday by the Peruvian government lacks judicial and moral reasoning and doesn't further world peace and security at all", Kim said, reading from a statement at a news conference in Lima.

Experts say the measures will lead to deep cuts to Kim Jong-Un's hard currency, making it more difficult for him to develop his nuclear program.

Peru exports cuttlefish and squid to North Korea, and imports construction and raw materials, but trade figures are insignificant.

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The New York Times quoted Washington-based executive director Daryl Kimball of the Arms Control Association as saying: "There is no only-sanctions strategy that will bring the North Koreans to heel".

That included a June 29 designation of the Bank of Dandong, a regional Chinese bank, which is believed to help North Korea access the US and worldwide financial systems.

U.K. Ambassador Matthew Rycroft noted that it was the most stringent sanctions resolutions put on any country by the U.N.in the twenty-first century.

The resolution bans the export of textiles (worth an estimated $800 million a year), bans joint ventures with North Korea and also bans North Korean laborers from working overseas, preventing the regime from profiting by taxing those laborers.

In case the USA eventually does rig up the illegal and unlawful "resolution" on harsher sanctions, the DPRK shall make absolutely sure that the US pays due price.

Still, North Korea denounced efforts by Washington to impose new UN-backed sanctions against it.

The statement said that the forthcoming measures to be taken by North Korea will cause the United States the greatest pain and suffering it had ever gone through in its entire history.

A tougher initial USA draft was weakened to win the support of China, Pyongyang's main ally and trading partner, and Russian Federation, both of which hold United Nations veto power.

North Korea threatened to make the United States pay a "due price" on Monday for leading the push for fresh sanctions on Pyongyang.

That would amount to a 10 per cent cut in oil products, according to the US Energy Information Administration, which estimates annual exports to North Korea at almost 2.2 million barrels.

Other reports by GizPress

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