. | . |
China restricts N. Korea exports: ministry by Staff Writers Beijing (AFP) April 5, 2016
China on Tuesday imposed restrictions on imports of North Korean coal and iron, Beijing's commerce ministry said, in line with United Nations sanctions on the country following its nuclear and missile tests. The coal trade between the neighbours was worth $1 billion last year, Chinese Customs figures show, but the announcement allowed for trade to continue if the proceeds were for livelihood purposes. The move also put in place bans on the import of gold, titanium and rare earth metals from the North, as well as some sales of aviation fuel to it, in line with the UN Security Council measures. The council approved the measures in March, in the wake of a fourth atomic test by Pyongyang, and Beijing pledged strictly to implement them. But the resolution's language -- concluded after seven weeks of hard negotiations between Washington and Beijing -- left significant loopholes for Pyongyang's key economic supporter to continue business as usual. China is the North's main provider of trade and aid and the text allowed for commerce in certain goods, including coal and iron, to carry on as long as the proceeds did not support Pyongyang's nuclear ambitions. The UN did not set criteria for making that determination, leaving each country to make its own decision. The exceptions were mirrored in the text of the statement by China's commerce ministry, which also provided a letter for companies to sign "solemnly" pledging that their imports of the products were "not related to North Korea's nuclear programme or ballistic missile programme". Aviation fuel sales could also be permitted for humanitarian and some civil aviation purposes. Trade with China is crucial for the isolated and impoverished North, which has suffered regular food shortages and an outright famine in the mid-1990s. In 2014 China accounted for more than 90 percent of North Korea's $7.61 billion in total trade, according to the latest available figures from South Korea's state-run Korea Trade-Investment Promotion Agency. Washington has long held that changing North Korea's behaviour depends on China's willingness to use its economic leverage. But Beijing has resisted targeting Pyongyang's fragile economy for fear of provoking the regime's collapse, potentially leading to a flood of cross-border refugees and ultimately the prospect of US troops stationed on its border in a reunified Korea. That stance has become harder and harder to maintain, as Pyongyang has continued to defy both the international community and Beijing's efforts to restrain it. In recent weeks North Korea has repeatedly fired projectiles into the East Sea. The latest fit of pique followed a meeting last week between US President Barack Obama and his Chinese counterpart Xi Jinping, where they agreed to fully implement sanctions against Pyongyang. The leader was in Washington for a two-day nuclear security summit being hosted by Obama, at which the American president also discussed North Korea's nuclear threat with Japan and South Korea.
N. Korea video shows rocket attack on South's president It was uploaded Monday to the DPRK Today website, which had released another video 10 days before depicting a nuclear attack on Washington. Tensions have been rising on the Korean peninsula ever since the North conducted its fourth nuclear test on January 6. Over the past month, Pyongyang has issued repeated threats of strikes against Seoul and Washington, largely in response to annual South Korea-US war games that kicked off in early March. The ongoing joint exercises have been larger than usual and included a special operation to "decapitate" the North Korean leadership in the event of a full-scale conflict. Pyongyang took that as a direct threat to leader Kim Jong-Un, and the Korean People's Army (KPA) recently issued an "ultimatum" demanding South Korean President Park Geun-Hye apologise and punish those who formulated the strategy. The new 88-second video -- entitled "If the ultimatum goes unanswered" -- showed rockets fired from mobile launchers in the North slamming into the Blue House and destroying the buildings in a ball of fire. It ended with the warning: "Everything will turn into ashes".
Related Links Learn about nuclear weapons doctrine and defense at SpaceWar.com Learn about missile defense at SpaceWar.com All about missiles at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |