China halts coal imports from DPRK

The Chosunilbo

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China on Saturday said it will suspend coal imports from North Korea until the end of this year to implement fresh UN Security Council sanctions adopted on Nov. 30.

The Chinese Ministry of Commerce said on its website that China is suspending imports of coal from the DPRK from Sunday until Dec. 31. But it will permit customs clearance of coal shipments that has already been sent or arrived in Chinese ports.

The new resolution stipulates that the DPRK's coal exports must not exceed US$53.5 million or 1 million tons, whichever is lower, between Nov. 30 and Dec. 31, and $400.87 million or 7.5 million tons per year from Jan. 1 next year.

China took just 10 days after the resolution was adopted to suspend imports because they have already exceeded the annual limit. China took up to six months before it acted on previous resolutions.

A resolution in March already banned shipments of DPRK's coal but left a back door open for "livelihood" purposes, which meant China's imports continued more or less as before.

Under the new curbs the DPRK's annual coal exports will dwindle by about $700 million a year from some $1.1 billion.

Wu Dawei, China's chief nuclear negotiator, told his South Korean counterpart Kim Hong-kyun in a meeting Friday that China will "faithfully implement" the latest resolution.

(THE CHOSUNILBO)