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Leo Byrne
Leo Byrne was the Data and Analytic Director at NK News. Follow him on twitter.
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News Beijing bans North Korean coal for rest of DecemberChina's Ministry of Commerce says coal in transit before December 11 exempted
Beijing’s Ministry of Commerce on Saturday announced it would not import any North Korean coal between December 11 and 31, in compliance with the UN’s most recent resolution. The new measures introduced a cap on the North’s coal shipments, limiting member states from importing more the $53,495,894 or 1,000,866 tons for the remainder of 2016. “To implement United Nations Security Council Resolution 2321, according to the People’s Republic of China’s Foreign Trade Law, imports of coal produced in North Korea temporarily will be stopped,” a short announcement on the ministry’s website reads, as translated by Reuters. But the ministry added © Korea Risk Group. All rights reserved. |