North Korea sanctions, this is what North Korea can not do?. The United Nations Security Council (UNSC) impose heavy sanctions on North Korea. The country, led by Kim Jong-un, was hit by an economic embargo for stubbornly testing intercontinental ballistic missiles.
The decision on sanctions against North Korea was agreed by all, including China and Russia, on Saturday (5/6).
The United States, the sanctioning country in the draft resolution, had previously negotiated with China about a month ago. Negotiations were made shortly after Pyongyang launched an intercontinental ballistic missile on July 4, followed by a further trial on July 28.
North Korea sanctions
What can not be done by North Korea after being sanctioned?
1. Export is prohibited
The embargo sanctions prohibit North Korea from exporting its mining commodities. North Korean goods that will be stopped for export are coal, iron, iron ore, lead, and tin ore. There are also fish and seafood.
2. Prohibited additional migrant workers
This resolution also prevents the increasing number of migrant workers from North Korea abroad. Migrant workers also contribute to North Korean revenue.
3. Prohibition of new investment
There is also a ban on economic cooperation (joint venture) and the prohibition of new investments in companies that have been in cooperation.
4. Foreign Exchange Bank North Korea is blacklisted
The UN also added nine official North Korean officials to blacklist, as well as four entities from North Korea participated in the blacklist. Of the four entities that one of them including the foreign exchange bank of North Korea.
What Can Still Do North Korea
North Korea can still get oil from abroad. The termination of petroleum supplies to North Korea is indeed proposed by the United States but is not included in the agreed UNSC resolution. If approved, the economy of North Korea would be devastated.
The US is said to have pressed all-out China to agree on sanctions against North Korea. So far, China is a North Korean trading partner, 90 percent of North Korea's trade is related to China. Although China finally agreed with the US to embargo North Korea, China does not necessarily become hate with North Korea.
"This is not done to negatively impact the people of North Korea," China's UN Ambassador Liu Jieyi said of the UNSC resolution. Later, sanctions will be followed by talks on denuclearization on the Korean peninsula.
The Russian ambassador, Vasily Nebenzia, stressed that these sanctions can not end in themselves, but rather as "a tool to bind the country in constructive conversation."
"What happens next, depends entirely on North Korea," said US Ambassador Haley.
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