US said to seek ban on crude oil to North Korea at UN

NEW YORK/SEOUL (Sept 7): The US is circulating a draft resolution at the United Nations that would bar crude oil exports to North Korea, ban the nation’s exports of textiles and prohibit employment of its guest workers by other countries, according to a diplomat at the world body.

The proposal, which also calls for freezing the assets of North Korean ruler Kim Jong Un, has been circulated to the 15 members of the Security Council, according to the diplomat familiar with the proposal who asked not to be identified discussing internal deliberations. The US has said it wants the council to take up tougher sanctions at a meeting Sept. 11.

The bid for the toughest penalties yet against North Korea comes despite renewed warnings against such moves by the leaders of China and Russia, which have veto power in the Security Council. US President Donald Trump and Chinese President Xi Jinping spoke for 45 minutes Wednesday about how to resolve the North Korean crisis following Pyongyang’s stepped-up pace of nuclear and missile tests.

---

Related Stories

• Trump demands 'commitment' from BRICS nations on using dollar
• Who is Justin Sun, the China-born crypto founder who made a US$6.2 mil bid for a banana?
• Wall Street wins once again as US assets outpace rest of world

---