World Economy

China Bans North Korea Coal Imports

China Bans North Korea Coal ImportsChina Bans North Korea Coal Imports

China’s Commerce Ministry said it will put a temporary ban on imports of North Korean coal as part of a UN Security Council resolution meant to deter Pyongyang from pursuing its nuclear weapons program, Reuters reported. The 15-member Security Council late last month put new sanctions on North Korea aimed at cutting its annual export revenue by a quarter after it carried out its fifth and largest nuclear test so far in September. “To implement United Nations Security Council Resolution 2321, according to the People’s Republic of China’s Foreign Trade Law, imports of coal produced in North Korea temporarily will be stopped,” the ministry said.

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