North Korea warns of harsh response if new sanctions imposed
11 September, 2017, 15:46 | Author: Christian Benson
The US is calling for an oil embargo on Pyongyang, an assets freeze on leader Kim Jong-Un, but also an end to textile exports and to payments made to North Korean guest workers.
The proposal included a ban on oil and textile exports to North Korea and prohibited North Korean citizens from working overseas.
Even as Trump has insisted that now is not the time to talk, senior members of his administration have made clear that the door to a diplomatic solution is open, especially given the US assessment that any pre-emptive strike would unleash massive North Korean retaliation. China and Russian Federation, the two leading oil suppliers to the North and veto-wielding countries, however, have been in opposition, prompting Washington and Beijing to negotiate "a compromise" draft, according to the source. "They will be something practically effective (rather than symbolic)".
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Experts believe the isolated regime is close to its goal of developing a powerful nuclear weapon capable of reaching the United States, something U.S. President Donald Trump has vowed to prevent.
The North is presumed to import around 1 million tons of crude oil from China and as much as 300,000-400,000 tons from Russian Federation annually.
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 U.S. into range.
The survey found that 58 percent of those questioned felt there was no possibility North Korea would cause a war, while only 37 percent thought it could.
Earlier in the day, North Korea warned the US of "greatest pain" if it pushed ahead with a tougher UNSC resolution.
The North's Foreign Ministry issued a statement Monday saying it is watching the United States' moves closely and threatened it is "ready and willing" to respond with measures of its own.
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In a statement published by the official KCNA news agency, North Korea's foreign ministry warned Washington that if it did "rig up the illegal and unlawful "resolution" on harsher sanctions, the DPRK shall make absolutely sure that the USA pays due price".
Trump has repeatedly criticized the five-year-old FTA for creating a $27 billion USA trade deficit with South Korea last year. Meanwhile the South Korean president said that "perhaps the time has come for stronger sanctions " on Pyongyang.
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Vladimir Putin calls for talks with North Korea
Putin , speaking after an global gathering in China, said Russian Federation condemned North Korea's "provocative" actions. Trump is scheduled to have his first conversation with Chinese President Xi Jinping since the nuclear test at 9 a.m.
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Korea leader praises 'perfect success' of nuclear test
On Thursday, Chinese Foreign Minister Wang Yi said the security council should "make further responses" but didn't elaborate. Putin has remained firm however, that such sanctions on oil would have negative humanitarian effects on North Koreans.
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