February 21, 2024
Analysis

China’s North Korean coal embargo?

China's very specific embargoed trade codes leave room for other kinds of coal and iron

Earlier this month China’s Commerce Ministry issued a statement writing the most recent UN resolution into its national law, banning imports of some of North Korea’s most lucrative trades.

According to Beijing, North Korean coal and iron exporters now have to provide documentation to prove their shipments are for livelihood purposes. Should the income from the trade head into any of the North’s weapons programs, the shipments will be blocked.