February 21, 2024

Beijing bans North Korean coal for rest of December

China'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.