Analysis Resolution 2397 bans N. Korea from buying all machinery, electronics, vehicles, and metalsIn addition, DPRK's earnings from exports should dwindle to just a few million per month under new sanctions The UN’s newest sanctions on North Korea issued December 22 took some of the strongest measures yet against countries looking to trade with North Korea, with Washington seemingly working its way towards a near-total trade embargo. But while U.S. Ambassador to the UN Nikki Haley mentioned the new restrictions targeting North Korea’s exports, there was less fanfare or discussion around the latest prohibition on trade in the other direction. Paragraph seven of Resolution 2397 highlights several product groups which UN member states can no longer ship to the DPRK. Those trade categories include electronics © Korea Risk Group. All rights reserved. |