Analysis How new lead, iron sanctions could cut $200 million from N. Korea’s trade revenueKITA and UN figures lower than those presented by the U.S. Mission to the UN, however The UN’s latest resolution added another metal to the list of commodities which member states can no longer purchase from North Korea, while also removing loopholes on existing restrictions covering iron and coal. Following Resolution 2371’s passage, member states can no longer import coal, iron, lead, nickel, copper, titanium, vanadium, rare earth minerals, gold or silver from the DPRK. Between them, the prohibitions target many of the DPRK’s most lucrative exports. With member states also barred from importing seafood, North Korea’s only remaining high-value exports are those related to its textile industry © Korea Risk Group. All rights reserved. |