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Swordsmyth
08-04-2017, 04:32 PM
The United States is hoping to secure a United Nations Security Council vote Aug. 5 in favor of tougher sanctions on North Korea, Reuters reported Aug. 4, citing diplomats. The move follows Pyongyang's two tests of intercontinental ballistic missiles in July. A draft resolution is expected to be circulated to the 15 security council members ahead of any vote

More at: https://worldview.stratfor.com/situation-report/us-north-korea-us-seeks-un-vote-new-sanctions-north-korea

Zippyjuan
08-04-2017, 04:54 PM
Kim Jong Un Reacts:

(The US has no trade with North Korea so can't impose any sanctions themselves which basically leaves China which has been unwilling to impose them out of fear of instability in Korea possibly spilling over to them).

http://i3.mirror.co.uk/incoming/article8231128.ece/ALTERNATES/s1200/North-Korean-leader-Kim-Jong-Un.jpg

Swordsmyth
08-05-2017, 01:31 AM
US unveils tougher new UN sanctions on North Korea

The council is expected to vote on Saturday on the measures that include a ban on exports of coal, iron and iron ore, lead and seafood by the cash-starved state.

The ban on exports could deprive the Pyongyang regime of $1 billion in annual revenue, roughly a third of its foreign currency earnings, according to a diplomat familiar with the negotiations.
The draft text would also prevent North Korea from sending additional workers abroad, prohibit all new joint ventures and ban new investment in the current joint companies.
The diplomat indicated that China and Russia were prepared to support the draft resolution, which would be the seventh set of UN sanctions imposed on North Korea since it first carried out a nuclear test in 2006.
The proposed resolution would add North Korea's Foreign Trade Bank, which manages foreign exchange, to a UN sanctions blacklist that imposes an assets freeze.


It would also tighten trade restrictions on technology to prevent North Korea from acquiring items that could be used for its military programs.
North Korean vessels that are caught violating UN resolutions would be banned from entering ports in all countries, under the proposed measure.

More at: https://www.yahoo.com/news/us-unveil...194847836.html (https://www.yahoo.com/news/us-unveils-tougher-un-sanctions-194847836.html)

Zippyjuan
08-05-2017, 11:51 AM
which would be the seventh set of UN sanctions imposed on North Korea since it first carried out a nuclear test in 2006.

How well have those other ones worked out?