March 21, 2023

New UN resolution aims to cut N.Korea’s coal revenues by $600 mil

Draft resolution also adds further designations, prohibits North Korean statue exports: Reuters

A new resolution from the UN Security Council (UNSC) could cut millions of dollars of revenue from North Korea’s coal exports, Reuters reported over the weekend.

The resolution – which is still in a draft stage – will limit the North’s yearly coal exports to $400.9 million, a huge reduction in the DPRK’s current export totals.