Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China moves to restrict oil exports to DPRK

byCT Report
23/09/2017
in Latest News
Share on FacebookShare on Twitter

BEIJING: China will restrict oil exports to the Democratic People’s Republic of Korea (DPRK) and suspend textile imports from DPRK, the Ministry of Commerce said. The ministry will implement UN Security Council Resolution 2375 by halting the export of liquified natural gas and gas condensate to the DPRK from Saturday and limit exports of refined oil from Oct. 1, according to an online statement. The ban on textile imports will be effective from Saturday, it said.

Refined oil exports to the DPRK from all UN members is capped at 500,000 barrels from Oct. 1 to the end of the year and 2 million barrels annually from Jan. 1, 2018. China will suspend such exports once the total exports approaches the ceiling. Exported refined oil products must be used fully on civil purposes, not for the DPRK’s nuclear and ballistic missile programs, or other activities banned by the UN Security Council, the ministry said. Last week the council unanimously adopted resolution 2375, imposing fresh sanctions on the DPRK over its nuclear test on Sept. 3, which violated previous UN resolutions.

You might also like

FBR to auction 32-kanal Bahria Golf City property

28/09/2026

PNSC posts 5pc rise in FY2026 net profit to Rs21.55 billion

28/09/2026
Tags: China moves to restrict oil exports to DPRK

Related Stories

FBR to auction 32-kanal Bahria Golf City property

byCT Report
28/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has announced the auction of a 32-kanal property in Bahria Golf City, Rawalpindi,...

PNSC posts 5pc rise in FY2026 net profit to Rs21.55 billion

byCT Report
28/09/2026

KARACHI: Pakistan National Shipping Corporation (PNSC) has reported a 5% year-on-year increase in consolidated net profit for the fiscal year...

FBR condemns terrorist attack on Customs check post in DI Khan

byCT Report
28/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) strongly condemned the terrorist attack on the Joint Check Post at Aman Mela...

Pakistan Customs, PSW advance trade verification with Hong Kong Customs

byCT Report
28/09/2026

HONG KONG: Pakistan has taken another step towards trusted digital trade with the operationalization of Pakistan Single Window’s (PSW) integration...

Next Post

Russia's clean fuel exports to rise with refinery upgrades

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.