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13 Setiembre 2017, 08:29 | Crisanna Felipe
North Korea warns of harsh response if new sanctions imposed
US President Donald Trump said the move was nothing compared to what would have to happen to deal with North Korea. The U.S. needs the support of both of its geopolitical rivals for its current strategy of using economic pressure and diplomacy - and not military options - for getting North Korea to halt its testing of nuclear bombs and the missiles for delivering them.
And so the sanctions that passed unanimously through the Security Council on Monday evening represented a compromise between the USA position and China and Russia's.
The U.N. Security Council on Monday unanimously approved new sanctions against North Korea for its growing nuclear and ballistic missile programs, but the measures did not include an oil import ban favored by the United States.
Peru does not have any diplomats in North Korea.
"However, the relatively moderate sanctions imposed on oil exports to North Korea will not have much impact on one of the North Korean regime's greatest potential economic pressure points, which is its dependency on oil imports".
The resolution, passed after Washington toned down its original proposals to secure backing from China and Russian Federation, came just one month after the council banned exports of coal, lead and seafood in response to North Korea's launch of an intercontinental ballistic missile (ICBM). "China does not want North Korea to collapse, but wants a stick to get it to the negotiating table. Yes, the UN Security Council managed to reach unity in this issue", the upper house speaker said.
"The one factor working in favor of these sanctions being implemented is that the Chinese and Russians have to be fearful that the US will impose its own sanctions on Chinese and Russian companies", he said.
Briefing the US lawmakers, Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea displayed satellite photos to demonstrate North Korea's deceptive shipping practices.
Mr. McNamara notes how the secretive North Korean agency known informally as Office 39 has been a critical asset of the state by generating black market revenues since at least the 1970s. The new embargoes are incrementally tougher, but diplomacy meant they had to be comprised to an extent that they are very unlikely to change minds in Pyongyang.
Exports of North Korean textiles are prohibited, and other nations are barred from authorizing new work permits for North Korean workers, putting a squeeze on two key sources of hard currency.
Japanese Prime Minister Shinzo Abe also welcomed the new sanctions. Haley said this ban would cost North Korea almost $800 million a year.
Trump has vowed not to allow North Korea to develop a nuclear missile capable of hitting the mainland United States.
Enforcement of the textile ban along North Korea's 1,400-km (870-mile) border with China - where goods are sometimes smuggled across, often on boats at night - could be challenging, North Korea experts say.
Washington so far has mostly held off on new sanctions against Chinese banks and other companies doing business with North Korea, given fears of retaliation by Beijing and possibly far-reaching effects on the world economy.
These additional measures were also included to limit North Korea's ability to smuggle products like coal and iron - particularly on the high seas. Last month North Korea followed up a threat against the USA territory of Guam with the firing of a ballistic missile over Japan. For example, the US could call once again for a full oil embargo if Pyongyang holds another nuclear test or launches an intercontinental ballistic missile.
Military action not first choice against N Korea
In response to the sixth nuclear test on September 3, the United States and its allies are trying to have the U.N. However, North Korea's repeated nuclear tests may be weakening China's position on that.
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The gadget is also expected to again use glass for the new iPhone's body ( Apple started using aluminium from iPhone 5 onwards). If Apple successfully impresses consumers with its new devices, it could be on track to become a trillion-dollar company.
UN Security Council steps up North Korea sanctions
He said North Korean bank representatives still operate in Russia in "flagrant disregard" of UN resolutions that Moscow voted for. North Korea's government blasted the sanctions and claimed the U.S. would "suffer the greatest pain ever" for supporting them.