North Korea slapped with new UN sanctions

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"The resolution adopted by the security council today reflects this principle of three commitments and demonstrates the unanimous position of the global community of opposing DPRK's (Democratic People's Republic of Korea) development of its nuclear and ballistic missile capabilities".

North Korea imports mostly gasoline and diesel fuel from China vital to the country's agriculture, transportation and military sectors, according to the EIA. The latter is aimed at starving the North of income for its weapons programmes. Observers have said Beijing might agree to just a partial, or temporary, oil exports ban.

U.S. Ambassador to the UN, Nikki Haley votes during a United Nations Security Council meeting on North Korea in New York City, U.S., September 11, 2017.

Before the resolution was voted, North Korea's official news agency quoted the Foreign Ministry as saying the country was "quite ready to use any ultimate means" to retaliate against the United States for the sanctions and claiming it had "near-to-completion nuclear capability". More than 90,000 North Korean workers employed overseas bring the regime about a half billion dollars a year.

In response, US, South Korea and Japan want the Security Council to implement stronger measures against North Korea, including bans on oil imports, exports of textiles and employment of its guest workers by other countries.

But the new measures instead only place limits on such products.

China already has come out against American calls for cutting its oil sales to North Korea, while the USA has rejected Beijing's insistence for the Trump administration to engage Pyongyang in diplomatic talks.

In particular, Washington abandoned the idea of cutting off oil supplies to North Korea and putting severe restrictions on the hiring of North Korean laborers, as well as imposing sanctions on North Koran leader Kim Jong-un.

North Korea threatened to make the United States pay a "due price" on Monday for leading the push for fresh sanctions on Pyongyang. "We are not looking for war".

German chancellor Angela Merkel has proposed starting negotiations with the North Koreans over their nuclear weapons programme similar to those that led to Iran curtailing its nuclear program as a possible model for tackling the current crisis in east Asia.

Under the USA plan, all foreign financial assets of the government and its leader, Kim Jong Un, would be frozen.

The test, which the North said was a hydrogen bomb that could be fitted onto a rocket, came weeks after Pyongyang fired two intercontinental ballistic missiles (ICBMs) that appeared to bring much of the mainland United States into range.

In Peru, government officials said North Korea is seriously threatening worldwide peace and security, as well as stability in the world and Northeast Asia.

He also opposed the deployment of the Terminal High Altitude Area Defence (THADD) anti-missile system by the US in South Korea asserting that it undermined the security of China and other countries in the region.

North Korea's nuclear weapons programme must be stopped before its missiles can strike the United Kingdom, the Defence Secretary has warned.

Ms Haley last week dismissed this proposal as "insulting".

Merkel has already discussed the issue with US President Donald Trump, French President Emmanuel Macron, South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe, and also planned a telephone call with Putin, he said.

The new sanctions set a cap on crude and refined oil exports to North Korea at 8.5 million barrels per year, which represents a 30 percent reduction, according to USA officials.

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