Home / World / Sanctions against North Korea: UN blacklists shipping companies

Sanctions against North Korea: UN blacklists shipping companies

  The Ships Port of Rason in North Korea, established to promote economic growth through foreign investment

image copyright
Getty Images


The move aims to reduce the smuggling of goods such as oil and oil coal

The UN Security Council has blacklisted 27 ships, 21

shipping companies and one individual to assist North Korea in circumventing sanctions.

The measures were proposed by the US last month as part of a crackdown on the smuggling of North Korean raw materials such as oil and coal.

Sanctioned oil tankers and freighters are prohibited in ports worldwide, and companies are freezing in front of a plant.

This is the largest PAH package of the United Nations against Pyongyang so far.

North Korea is already in a series of international and US sanctions against nuclear programs and missile testing.

US Ambassador Nikki Haley said recent measures are "a clear sign that the international community is united" in their efforts to increase pressure on the North Korean regime.

The withdrawn nation has been subject to numerous international sanctions since 2006, with most exports halted and oil imports limited.

Diplomats believe that the sanctions imposed were the key to North Korean leader Kim Jong-un's decision to pause missile and nuclear tests and begin talks.

The latest restrictions are not only directed at North Korean shipping companies, but also at Chinese companies trading with Pyongyang.

The list includes 16 companies based in North Korea, five in Hong Kong, two on the Chinese mainland list, two in Taiwan, one in Panama and one in Singapore.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *