How Chinese traders could work around coal sanctions
As sanctions bite, Chinese business will have plenty of means to keep buying North Korean coal
The sanctions placed on North Korea by the United Nations Security Council (UNSC), in response to the DPRK’s most recent nuclear weapons test, include restrictions on the exports of coal from the DPRK to other nations.
These sanctions will affect the DPRK’s coal trade with China almost exclusively, since China is virtually the sole importer of North Korean coal. Although the new sanctions under UNSC Resolution 2321, dated November 30, 2016, could reduce the DPRK’s hard-currency income on the order of a billion dollars annually, and coal exports by 9 to 10 million metric tonnes (Mt) per year, there
- 01From Voice of America to Voice of Trump? The future of U.S. radio in North Korea
- 02Timeline: from rising inter-Korean tensions to a “suspension” of military plans
- 03North Korea in June 2020: a month in review and what’s ahead
- 04Some progress on long-stalled Pyongyang housing blocks under new campaign
- 05Sitting above rank: the rise of Ri Pyong Chol, Pak Jong Chon, and the military
- 06Secret partner: North Korean in Thailand behind network of money-making entities
- 07North Korean think tank statement shows focus on U.S. ‘hostile policy’ prevails
- 08Volte-face: What explains Kim Jong Un’s sudden change of heart?