A whole lot of people have been bothered by the activities of North Korea as the country has continued stubbornly to launch missile after missile in a quest to become a nuclear world power. North Korea’s new sanctions are the product of a lot of what now amounts to six nuclear device detonations and a number of missile launches.
Sanctions as a way to curb the activities of Kim Jong-un have been a discussion in political circles for a while. In fact, the Trump administration demanded rather strict penalties just a few days ago ahead of the United Nations Security Council meeting on Monday.
See Also: Ethnic Cleansing: The Rohingyas As Myanmar’s Endangered Species
Although North Korea’s new sanctions from the United Nations Security Council meeting fell far short of the stricter measures proposed by President Trump’s administration, they are still pretty strict.
Washington and other capitals described the new sanctions as the most extensive sanctions yet but it is left to see whether they will be enough to stop Kim Jong-un and achieve the Trump administration goal which is “To force North Korea to halt its nuclear and ballistic missile tests and reopen some kind of negotiation toward eventual nuclear disarmament.”
The resolution of the sanctions won backing from all 15 council members although Russia and China objected to the original language calling for an oil embargo and other severe penalties. In fact, the two countries may have been the reason for the reduced measures.
North Korea’s New Sanctions
- The resolution will result in a 30% decrease in total oil imports by cutting off over 55% of refined petroleum products going to North Korea
- The resolution also bans the export of all textiles. The North Korean regime earned $760 million through those sales in 2016– making it the largest economic sector that UN Security Council had not yet touched.
- There are also new measures to prevent overseas workers from earning wages that finance the North Korean regime. It says that countries should not provide work authorization papers unless necessary for humanitarian assistance or denuclearization.
- Foreign investments, technology transfers, and other economic cooperation have been cut off
- Countries around the world will inspect ships going in and out of North Korea’s ports which limit North Korea’s ability to smuggle products like coal and iron, particularly on the high seas.
See Also: Facebook Discovery Strengthens Accusation That Russia Meddled In US 2016 Elections
Although the resolution does not impose a travel ban or asset freeze on Kim Jong-un as the original American draft had set out, US ambassador to the UN Nikki Haley said following the vote on Monday that “These are by far the strongest measures ever imposed on North Korea, they give us a much better chance to halt the regime’s ability to fuel and finance its nuclear and missile programs, but we all know these steps only work if all nations implement them completely and aggressively.”
Latest Nigeria News
- 10 Interesting Ways To Develop A Good Reading Habit
- 15 Insightful Quotes About Depression
- Michelle Jones: The Stigma Of Having A Criminal Record
- Allparts: Supplier Of Guitar, Bass And Amp Parts
- 2017 International Peace Day: Togetherness, Respect, Safety And Dignity For All
- Virsaviya Borun: The Girl Who Practically Giggles Her Heart Out
- These Quotes Will Take You To The Other Side Of Madness
- Ellen Johnson Sirleaf Tells The World Goodbye At The UN General Assembly
- Nannies And Mental Health: Zambian Lady Faces Attempted Murder Charge
- Buhari’s UN Speech: 5 Things He Said That Nigerians Wish He Practiced
- Violet Brown: World’s Verifiable Oldest Living Person Dies At 117
- Hilary Clinton Thinks A US Firm Had A Hand In Kenya’s Annulled Election
- Muslim Women In Tunisia Now Free To Marry Non-Muslims
- Over 80 South African Military Vehicles Destroyed By Fire – Lessons To Learn
- 10 Powerful Quotes From C. O Ojukwu About Biafra And Revolution
- Mugabe Forever: Zim Airport To Join Long List Of Things Named After The President
- Does IPOB Qualify For A Terrorist Group? Military Denies Initial Statement
- Amina Yuguda: Quick Facts About Nigeria’s BBC’s Komla Dumor Award Winner
- Obama Has Been Busy Making Money- Check Out His Current Net Worth
- Zannah Mustapha: Why This Barrister Won The Nansen Refugee Award
- 2017 Emmy Winners: Check Out The Awesome TV Shows You Should Be Watching
- The Best Power Tower Machines In The Market
- Nigeria Soon To Become Home Of Africa’s Fastest Trains
- Top 10 Basic Leadership Qualities You Need To Know
- Nigerian Military-IPOB Crisis: A Question Of Leadership
- Hillary Clinton Speaks Up With ‘What Happened’: 5 Things She Has Said
- Halimah Yacob: Quick Facts Of Singapore’s First Ever Female President
- UN To Probe 11 African Countries Over Ties To North Korea
- Susan Okalany: The Ugandan Judge Who Won The Prosecutor Of The Year Award
- Maya Angelou Quotes That Will Re-shape Your Life For The Better
- Real Leaders Are Not Sectional – Ezekwesili Condemns Buhari’s Tribal Sentiments
- Aims And Policies Of The UCU – University And College Union
- President Zuma Claims He Is Like Steve Biko
- Top 5 Reasons Why School Lunch In Africa Is The Way
- Kenya’s October Election: Another $117 Million To Be spent
- JP Morgan’s CEO Says Bitcoin Is A Fraud
- The Infamous Operation Python Dance May Trigger A Repeat Of The Civil War
- The iPhone 8 Is Almost Here, 5 Things You Should Know
- Between Fatness And Fitness Is A Very Wide Margin
- Biafra: Nnamdi Kanu Reacts To The Military-IPOB Clash