Analysis The UN’s new resolution sets coal revenues in its sightsEnforcement and policing will present new challenges The UN’s Resolution passed today aims to address the shortcomings and loopholes present in the last round of sanctions in March. Washington and Beijing took more than 80 days to reach the agreement, which looks to tackle revenues from the North’s coal exports, designates other metals and minerals, and calls on member states to limit diplomatic staff and their associated bank accounts. On paper, the resolution could cut hundreds of millions from North Korea’s trade revenues, chip away at earnings from one the country’s cottage industries, and make it harder for the © Korea Risk Group. All rights reserved. |