United Nations Resolution 2371, agreed on Saturday in response to North Korea’s two July intercontinental ballistic missile (ICBM) tests, has the potential to seriously impact Pyongyang’s foreign currency earning capabilities.

Banning all North Korean exports of coal, iron, lead, and even seafood, as well as limiting the DPRK’s overseas worker numbers to current levels, the U.S. estimates the new resolution could wipe off up to a third of the country’s USD$3 billion of annual exports.

Furthermore, restrictions on new or expanded joint-venture investment, restrictions on overseas workers, new travel bans, asset