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China imposes limit on oil supply to North Korea

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

 

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. The current size of Chinese energy supplies to the North and how much that would be reduced were unclear.

 

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 UN 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.

 


פרסום ראשון: 09.23.17, 09:12