It also limits the import of refined petroleum products to 2 million barrels per year.
Natural gas condensates and liquids are also included among the items North Korea is restricted from importing in excess of United Nations guidelines, the resolution says.
In negotiations on the latest resolution, diplomats said Russian Federation had questioned what leverage the Security Council would have left if North Korea continued to conduct nuclear and missile testing. North Korea’s ambassador to the UN, Han Tae Song, told a conference in Geneva: “The forthcoming measures by DPRK [the Democratic Republic of Korea] will make the U.S. suffer the greatest pain it has ever experienced in its history”.
The North Korean Foreign Ministry warned on Monday that Pyongyang would retaliate using “ultimate means”, if the United Nations Security Council adopts the new resolution imposing tougher sanctions against Pyongyang, Sputnik reported.
“North Korea has shown, time and again, that it poses a real and immediate threat to both regional and worldwide security”, Mr Brownlee says.
The resolution bans all North Korean textile exports.
China had allegedly already begun suspending accounts held by North Korean’s as its foreign minister Wang Yi said Beijing would be open further sanctions if it helped to open a dialogue with North Korea. However, the restrictive measures failed to prevent North Korea from conducting further tests.
Ms Haley struck a softer tone Monday than she had last week, when she said Kim Jong Un was “begging for war” and United States patience was “not unlimited”.
North Korea has “developed and perfected the super-powerful thermo-nuclear weapon as a means to deter the ever-increasing hostile moves and nuclear threat of the US and defuse the danger of nuclear war looming over the Korean peninsula and the region”, the statement said.
The chancellor told FAZ she feared that without diplomatic action, North Korea’s nuclear threat could lead to an arms race, with South Korea and Japan also ramping up their nuclear programs. If it proves it can live in peace, the world will live in peace with it, ‘ she added.
Mr Johnson said the new measures were “the most stringent UN sanctions regime placed on any nation in the 21st century”.
The International community condemned North Korea for testing the hydrogen bomb on August 27, marking the sixth time the isolated state has tested a nuclear weapon.
“The resolution will cut the North’s oil imports by around 29 percent, which will eventually put a brake on the North’s consistent economic growth and raise the chances for its economic slowdown going forward”, said Chung Seong-chang, a senior research fellow at the South Korean think tank Sejong Institute.
One of the two dates Suh predicted was around September 9, or last Saturday, North Korea’s foundation day.