North Korea vows to boost weapons programme after sanctions

Korean Central News Agency  Korea News Service via AP File
Korean Central News Agency Korea News Service via AP File
Author

13 September, 2017

The initial U.S. proposal included an assets freeze on North Korean leader Kim Jong-un and a complete ban on countries selling oil to his government, but the measures were softened to appease China and Russian Federation. North Korean textile products can be easily re-labeled to hide their source.

"Hostile sanctions are like a delusion tantamount to expecting foolishly that the ocean would dry up", one official told CNN, while emphasizing that the government had not yet released an official response. "We would like to see proof of that in the near future", he added.

South Korea said Wednesday it had conducted its first live-fire drill for an advanced air-launched cruise missile that would strengthen its pre-emptive strike capability against North Korea in the event of crisis.

When combined with recent sanctions on coal and other products, a full 90 percent of Pyongyang's exports were now fully banned, she said.

Inoki, who returned from a visit to North Korea earlier this week, told a news conference in Tokyo on Wednesday that Japan, as the world's only country to have been attacked by atomic bombs, should stay more neutral and mediate between the USA and North Korea.

The government said that the worldwide community's approval of the toughest sanctions ever reflects its united front in dealing with Pyongyang's nuclear and missile programs.

A resolution needs nine votes in favor and no vetoes by the US, Britain, France, Russia or China to pass. Washington circulated its draft resolution to the 15-member council last Wednesday.

Before the draft resolution was put to a vote Monday, China and the USA reportedly renegotiated the document, softening the blow in certain places.

The US official said the ban on textile exports would deprive North Korea of some US$726 million in annual revenue.

China's UN Ambassador Liu Jieyi called on North Korea to "take seriously the expectations and will of the global community" that it halt its nuclear and ballistic missile development, and called on all parties to remain "cool-headed" and not stoke tensions.

The United States had originally sought to ban the export to North Korea of all crude oil and refined petroleum products.

The U.S.is going frantic to fabricate the harshest ever "sanctions resolution" by manipulating the United Nations Security Council (UNSC) over the DPRK's ICBM mountable H-bomb test.

All those activities are thought to help fund the nuclear-weapons program.

The resolution bans the import and export of textiles - both fabric and clothing - by the North.

"These new sanctions send a loud and clear message to North Korea that its behaviour will not be tolerated by the worldwide community and will be met with significant consequences".

The head of the International Atomic Energy said the test was a clear violation of many UN Security Council resolutions and in disregard of repeated demands of the international community.

"We don't take pleasure in further strengthening sanctions today".

Kim Jong-un has remained unmoved and defiant in the face of sanctions.

The restrictions are modeled on the previous restrictions on coal, in this area the USA will have to build to a United Nations embargo, but remains unclear if Beijing will agree to one, according to Ruggiero.

The Security Council resolution approved Monday was a watered-down version compared to what the United States and its allies pursued.

The U.S. should be fully aware that as long as it persists with intense political, economic and military confrontation with the DPRK in defiance of its repeated stern warning, the former will never be able to avoid its permanent extinction.

Oil prices are skyrocketing just a week after the North conducted its sixth and strongest nuclear test on September 3.


More news


  • ICJ to resume Kulbhushan Jadhav's case hearing today

    ICJ to resume Kulbhushan Jadhav's case hearing today

    Islamabad also dubbed India's decision to take Jadhav's case to the United Nations court "political theatre". Pakistan disputes India's allegations and claims it arrested Jadhav from its restive Balochistan province.

    Anthem, Inc. (ANTM) Shares Sold by Symphony Asset Management LLC

    It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. The (Simple Month Average) SMA20 is at 1.31 percent, its SMA50 Value is 2.39% and SMA200 value is reported as 14.31 Percent.

    Keep an eye on Price Trends:- DISH Network Corporation (DISH)

    Southport Management Limited Liability Company has invested 2.72% of its portfolio in DISH Network Corp (NASDAQ: DISH ). Moreover, Raymond James Ser Advisors Inc has 0.01% invested in TCP Capital Corp (NASDAQ:TCPC) for 62,886 shares.
  • Market Watch: UO Reading Below 40 for Donegal Group Inc (DGICB)

    After a recent check, the 50-day Moving Average is 32.61, the 200-day Moving Average is 30.59, and the 7-day is noted at 32.09. Employing the use of the moving average for technical equity analysis is still highly popular among traders and investors.
    Tag: apple watch series 3

    Tag: apple watch series 3

    Apple did not confirm the exact watchOS 4 release time, but you can expect that it will arrive around 1PM Eastern, 10 AM Pacific. There's even more health related features in this release as well as new UI elements to give proceedings a brand new feel.
    Apple Removes iOS App Store from iTunes in Latest Update

    Apple Removes iOS App Store from iTunes in Latest Update

    It should also make it easier for Apple to bring iTunes to the Windows 10 store; which was announced at Microsoft's Build conference earlier this year.
  • Arun Jaitley says Aadhaar legislation will stand test of constitutionality

    Arun Jaitley says Aadhaar legislation will stand test of constitutionality

    The Finance Minister said Aadhaar was an evolving idea under the previous UPA regime and it did not have legislative backing. He said, "The more the direct benefits expands, the more of these bank accounts functionality will take place".
    NASA satellite imagery shows Hurricane Irma engulf entire state of Florida

    NASA satellite imagery shows Hurricane Irma engulf entire state of Florida

    Katia made landfall as a Category 1 storm on Mexico's east coast north of Tecoluta on late Friday night, September 8. Its center hit portions of the Keys on Sunday but missed Miami and Naples, then skirted Tampa as the storm slowed.

    The morning after: Three thoughts from Vikings WR Stefon Diggs

    The 23-year-old caught seven passes for 93 yards and two touchdowns during the Vikings' 29-19 win over the Saints. New Orleans quarterback Drew Brees was 27 of 37 for 291 yards and one touchdown. "I'm on to the next play".
  • UK Government seizes Dawood Ibrahim's assets

    UK Government seizes Dawood Ibrahim's assets

    He was implicated in the 1993 serial bomb blasts in the city and remains a priority wanted criminal for Indian authorities. India has been in talks with the United Kingdom authorities in this regard and had sent a related dossier in 2015.
    Here's how Georgia Power restores your electricity without a bucket truck

    Here's how Georgia Power restores your electricity without a bucket truck

    City officials urged residents to stay off the streets as 3 feet (0.91 meters) of water above dry ground is expected overnight. For metro Atlanta , sustained winds of 30 miles per hour look more likely with 39 miles per hour winds at times Monday.
    Russian cyclists file lawsuit against WADA after being barred from Rio Olympics

    Russian cyclists file lawsuit against WADA after being barred from Rio Olympics

    Russia's anti-doping agency Rusada is now battling to get itself reinstated, but faces a list of remaining Wada criteria that it must first meet.