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Home Latest News

China imports no iron ore from North Korea in November exports no fuels

byCT Report
27/12/2017
in Latest News
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BEIJING: China imported no iron ore from North Korea in November, as first reported by Reuters’ Beijing bureau Tuesday, citing data from China’s General Administration of Customs. It also imported no coal or lead. In a sign that the most recent sanctions are beginning to have some impact, the customs data also showed that China did not export any gasoline, jet fuel, diesel or fuel oil to North Korea in November  the second full month of the latest trade sanctions imposed by the United Nations. After two intercontinental ballistic missile tests by North Korea

in July, the UN Security Council unanimously in August to impose tougher sanctions on the country. At that time, a China foreign ministry spokesman defended its procurement of iron ore from North Korea following criticism by President Donald Trump and said it was “strictly and earnestly” complying with UN sanctions. In the first five months of 2017, Chinese imports of North Korean iron ore were up 34%, but have steadily dwindled to zero since the August UN sanctions.

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The Associated Press reported in August that China stopped importing North Korean coal but total trade had risen, which prompted Trump to complain that Beijing was not using its economic leverage to stop Pyongyang’s pursuit of nuclear weapons.

 

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