China Imposes Limit on Oil Supply to North Korea

China announced Saturday that it will limit oil exports to North Korea under U.N. sanctions over its nuclear and missile development, further reducing support from Pyongyang’s last major trading partner, energy supplier and diplomatically.

Exports of refined petroleum to the North will be limited to 2 million barrels per year and sales of liquefied natural gas banned outright, effective Jan. 1, the Commerce Ministry said. China doesn’t disclose details of the trade with the isolated North, so it was not immediately clear how large the possible reduction might be.

China also will ban textile imports from the North, the ministry said. Textiles are one of the North’s last major sources of foreign revenue following repeated rounds of U.N. sanctions under which Beijing cut off purchases of coal, iron ore, seafood and other goods.

China accounts for some 90 percent of the North’s trade, making its cooperation critical to any efforts to derail Pyongyang’s development of nuclear weapons and long-range missiles.

Chinese leaders were long the North’s diplomatic protectors but express increasing frustration with the government of Kim Jong Un. They have supported the latest rounds of U.N. Security Council sanctions but are reluctant to push Pyongyang too hard for fear the government might collapse. They also argue against doing anything that might hurt ordinary North Koreans.

Petroleum exports for use in the North’s ballistic missile program or other activities are banned by U.N. sanctions, the Commerce Ministry said.

Associated Press

 
 
 
RECOMMENDED ARTICLE

Rescuing turtles from ghost net

Rescuing turtles from ghost net
READ MORE >
 
 

Tillerson Urges Lull in North Korea ‘Threatening Behavior’ Before Any Talks

Tillerson Urges Lull in North Korea ‘Threatening Behavior’ Before Any Talks
U.S. Secretary of State Rex Tillerson on Friday called for a "sustained cessation of North Korea's threatening behavior" before talks ...
READ MORE >
 
US

CNN Provides Dubious Explanation of Controversial Anderson Cooper Tweet

CNN Provides Dubious Explanation of Controversial Anderson Cooper Tweet
A day after a controversial Tweet was sent to President Donald Trump from the account of CNN host ...
READ MORE >
 
US

Renewed Push for Immigration Reform After NYC Terror Attack

Renewed Push for Immigration Reform After NYC Terror Attack
WASHINGTON—The Trump administration is doubling down on its push to end chain migration after a failed terror attack ...
READ MORE >
 
US

FCC Votes to Repeal Net Neutrality Regulations

FCC Votes to Repeal Net Neutrality Regulations
The U.S. Federal Communications Commission voted along party-lines on Thursday to repeal internet regulations adopted in 2015 known ...
READ MORE >
 

Shunji Iwai – Famous Japanese film director | TIFF

Shunji Iwai – Famous Japanese film director | TIFF
During this year's 30th Tokyo International Film Festival (TIFF), Hallyu World’s host, Hyesoo, interviewed famous Japanese film director, ...
READ MORE >