Martes, 16 Enero, 2018

UN Security Council approves new North Korea sanctions

The UN Security Council during an emergency meeting over North Korea's latest nuclear test on 4 September 2017 at UN Headquarters in New York US Weakens Resolution on North Korea to Gain Chinese and Russian Support
Orlondo Matamoros | Setiembre 13, 2017, 06:47

Minor opposition parties also chimed in, with the People's Party saying that the latest resolution appears unlikely to have real impact.

The resolution fell short of measures sought by the Trump administration.

North Korea is "ready to use a form of ultimate means", Han said.

Ambassador Nikki Haley called the package the toughest threat against North Korea yet. "We are now acting to stop it from having the ability to continue doing the wrong thing". He urged the administration to "dramatically ramp up" U.S. sanctions designations of entities that deal with North Korea, particularly Chinese banks.

On Tuesday, the presidential office and the ruling party welcomed the measures, hailing them as an example of the international community uniting to bring Pyongyang under control.

As he needs to project strength in gearing up for the October 19th Party Congress, he seems more comfortable being humiliated by Pyongyang than being pressured into cooperation by Washington.

Trump has vowed not to allow that to happen. Exports of North Korean textiles are prohibited, and other nations are barred from authorizing new work permits for North Korean workers, putting a squeeze on two key sources of hard currency.

The going frantic to fabricate the harshest ever "sanctions resolution" by manipulating the United Nations Security Council (UNSC) over the DPRK's ICBM mountable H-bomb test.

It also said it would not approve applications for new or expanded investment in North Korea by Chinese companies.

"This ban will eventually starve the regime of an additional $500 million or more in annual revenues", she said.

The game of nuclear chicken is threatening to spin out of control.

An undated photo of a North Korean missile launch test.

If further provocations continue, this strategic reality - rather than any pressure from Donald Trump - could force China to consider a tougher line on North Korea. Even though Trump wants to pull out of that and he's looking for all kinds of ways - that is the best thing we've got going right now.

Also, it freezes Pyongyang's crude oil imports at their current level and curtails the import of refined petroleum products to two million barrels a year.

Chinese officials have privately expressed fears that an oil embargo could risk causing massive instability in the neighboring country. Monday's resolution added just Workers' Party of Korea Central Military Commission member Pak Yong Sik, the Central Military Commission of the Workers' Party of Korea, the party's Organization and Guidance Department and its Propaganda and Agitation Department to the sanctions list.

North Korean hackers have mounted attacks on at least three South Korean cryptocurrency exchanges since May, security researcher FireEye said in a report Monday. "They've suffered for 50 years, but surely, this round of sanctions ... will maybe, perhaps, force North Korea to think again", he said. If we can lessen the tensions then that might help not only freeze but maybe cause a dismantling, as we saw before.