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Security Council unanimously approved tough new sanctions Saturday to punish North Korea for its escalating nuclear and missile programs including a ban on coal and other exports worth over $1 billion a huge bite in its total exports, valued at $3 billion last year. Ambassador Nikki Haley called the resolution single largest economic sanctions package ever levelled against the North Korean regime and most stringent set of sanctions on any country in a generation. she warned that it is not enough and should not fool ourselves into thinking we have solved the problem not even close. threat of an outlaw nuclearized North Korean dictatorship remains . (and) is rapidly growing more dangerous, Haley told council members after the vote.
The Security Council has already imposed six rounds of sanctions that have failed to halt North Korea drive to improve its ballistic missile and nuclear weapons capabilities.
The resolution adoption follows North Korea first successful tests of intercontinental ballistic missiles capable of reaching the United States on July 3 and July 27.
It condemns the launches the strongest terms and reiterates previous calls for North Korea to suspend all ballistic missile launches and abandon its nuclear weapons and nuclear program a complete, verifiable and irreversible manner.
The resolution also bans countries from giving any additional permits to North Korean labourers another source of money for Kim Jong Un regime. And it prohibits all new joint ventures with North Korean companies and bans new foreign investment in existing ones. sanctions blacklist, banning their travel and freezing their assets.
It also gives the committee a green light to designate specific vessels that are breaking sanctions from entering ports all over the world and to work with Interpol to enforce travel bans on North Koreans on the sanctions blacklist. findings that well over half the population lacks sufficient food and medical care, while a quarter suffers from chronic malnutrition.
sanctions will cut deep, and in doing so will give the North Korean leadership a taste of the deprivations they have chosen to inflict on the North Korean people, Haley said. aren going toward feeding its people. Instead, the North Korean regime is literally starving its people and enslaving them in mines and factories in order to fund these illegal missile programs. the economic sanctions have teeth, Washington didn get everything it wanted.
In early July, Haley told the Security Council that if it was united, the international community could cut off major sources of hard currency to North Korea, restrict oil to its military and weapons programs, increase air and maritime restrictions and hold senior officials accountable.
Neither oil nor new air restrictions are included in the resolution. Secretary of State Rex Tillerson comments Wednesday reassuring North Korea that Washington is not seeking regime change or an accelerated reunification of the Korean Peninsula comments welcomed by China foreign minister.
Secretary Tillerson on DPRK: United States and China share the same objective, a denuclearized Korean Peninsula.
North Korea has repeatedly said it will never give up its nuclear arsenal, which it sees as a guarantee of its security.