Skip to content
Subscriber Only
Politics
Economics

UN Security Council Sets Harsh New Sanctions on North Korea

  • Measure aims to cut $1 billion a year from Pyongyang’s exports
  • Trump’s security adviser says ‘preventive’ war an option
Video player cover image

North Korea Isn't Backing Down

Updated on

The United Nations Security Council imposed the “most stringent” sanctions on North Korea that would ban exports of coal, iron, lead and seafood in response to Pyongyang’s testing of two intercontinental ballistic missiles last month that could target the U.S.

The penalties agreed to on Saturday by all the 15 council members aim to cut North Korean exports by about $1 billion a year. They would also ban “the opening of new joint ventures or cooperative entities with” North Korea, and cap the number of North Koreans working in other countries at current levels. Existing joint ventures would also be prevented from expanding their operations.