China has ordered North Korean companies in the country to shut down by January as it applies UN sanctions imposed following Pyongyang’s sixth nuclear test, the commerce ministry said Thursday.
The ministry said the companies, including joint ventures with Chinese firms, have 120 days to close from the date the United Nations resolution was adopted, September 11.
The announcement comes days after China confirmed that it will apply another major part of the sanctions: a limit on exports of refined petroleum products to North Korea starting October 1 and a ban on textiles from its neighbor.
China’s application of UN sanctions is particularly biting for North Korea. Beijing is Pyongyang’s main ally and trading partner, responsible for around 90 percent of the hermit nation’s commerce.
The United States has pressed China to use its economic leverage to strong-arm North Korea into giving up its nuclear ambitions.
US Secretary of State Rex Tillerson will visit Beijing this weekend for talks with China’s top diplomat, Yang Jiechi, and Foreign Minister Wang Yi.
GMT 07:49 2018 Wednesday ,21 November
Interpol to elect president after former chief disappears in ChinaGMT 15:25 2018 Monday ,22 October
US has no proof of Russia's violation of INF TreatyGMT 18:28 2018 Tuesday ,18 September
Trump accuses China of trying to "impact" electionsGMT 12:12 2018 Tuesday ,11 September
Russia and China place great importance on regional cooperationGMT 17:59 2018 Saturday ,08 September
Pak, China to further cement bilateral tiesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor