Published: Tue, September 12, 2017
Global News | By Stacy Ballard

UN Security Council Approves Weakened Sanctions Against North Korea

UN Security Council Approves Weakened Sanctions Against North Korea

Pyongyang warned the United States on Monday that it would pay a "due price" for spearheading efforts on UN sanctions.

The proposed resolution, however, would slap a ban on textile exports from North Korea, but drop demands for a full halt to payments of North Korea workers.

North Korea Tuesday categorically rejected the new measures, with United Nations ambassador Han Tae-Song saying in Geneva that the USA had "fabricated the most vicious sanction resolution" and warning of retaliation.

The Pyongyang regime threatened retribution against Washington for any new sanctions measure threatening to inflict "the greatest pain and suffering" the USA has ever encountered.

Whether oil will be included in the final draft and the degree to which crude exports to North Korea will be cut will all come down to negotiations between the U.S., China and Russia, Duyeon Kim, a visiting senior fellow at Korean Peninsula Future Forum, told CNBC's " Capital Connection " on Monday.

"We are not looking for war. The choice is theirs".

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The United States watered down an initial tougher draft resolution to win the support of Pyongyang ally, China and Russian Federation.

The resolution limits deliveries of refined oil products to 500,000 barrels for three months from October 1 and to two million barrels from January 1 for a period of 12 months.

The United States has called for a vote on today, NY time, on new UN sanctions against North Korea. But the North's leader appeared deaf to the global outrage and hailed the "perfect success in the test of H-bomb" at a dinner to congratulate the scientists and technicians behind the nuclear programme, the official Korean Central News Agency reported today.

Kim called the nuke test "a great victory won by the Korean people at the cost of their blood", and called on the officials to "follow the fighting spirit and trait of the nuclear combatants", the KCNA said.

Japanese Prime Minister Shinzo Abe welcomed the resolution saying it "made clear the will of the worldwide community" while Seoul said Pyongyang should accept the United Nations resolution as a "strict warning".

The regime claimed the test used an advanced hydrogen bomb.

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"It is their continued, illegal and aggressive actions that have brought us to this point, and it is North Korea that must change its course".

China's United Nations ambassador, Liu Jieyi, called for a resumption of negotiations "sooner rather than later".

Earlier, the UN Security Council imposed the harshest-ever economic sanctions against North Korea, putting a cap on the amount of fuel it can buy and further restricting import of crude oil.

But analysts were sceptical about their impact.

South Korea was bracing on Saturday for a possible further missile test by North Korea as it marked its founding anniversary, just days after its sixth and largest nuclear test. "But to achieve such a solution, the pressure on North Korea must be increased".

The sanctions follow a series of North Korean missile tests in recent months, culminating in an intercontinental ballistic missile that appeared to bring much of the USA mainland into range.

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