New UN sanctions on North Korea

As foreshadowed earlier this week (see previous blog), the UN Security Council has now imposed new sanctions on North Korea (DPRK) in response to its nuclear test on 9 September 2016.

The new measures, contained in Resolution 2321, impose an annual cap on North Korean coal exports, reducing their volume by around 60%.  They also prohibit North Korean exports of copper, nickel, silver, zinc, and statues, and impose asset freezes and travel bans on 11 people and 10 entities for alleged ties to North Korea’s nuclear and ballistic missile programmes.  They also require Member States to limit North Korean diplomatic missions to one bank account each, in an effort to prevent North Korea from using them for illicit activities.