Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
International Relation

China moves to restrict oil exports to DPRK

September 25, 2017


Abstract : China will restrict oil exports to the Democratic People's Republic of Korea (DPRK) and suspend textile imports from DPRK, the Ministry of Commerce said.

石油

 

BEIJING, Sept. 23 (Xinhua) -- China will restrict oil exports to the Democratic People's Republic of Korea (DPRK) and suspend textile imports from DPRK, the Ministry of Commerce said.

The ministry will implement UN Security Council Resolution 2375 by halting the export of liquified natural gas and gas condensate to the DPRK from Saturday and limit exports of refined oil from Oct. 1, according to an online statement.

The ban on textile imports will be effective from Saturday, it said.

Refined oil exports to the DPRK from all UN members is capped at 500,000 barrels from Oct. 1 to the end of the year and 2 million barrels annually from Jan. 1, 2018. China will suspend such exports once the total exports approaches the ceiling.

Exported refined oil products must be used fully on civil purposes, not for the DPRK's nuclear and ballistic missile programs, or other activities banned by the UN Security Council, the ministry said.

Last week the council unanimously adopted resolution 2375, imposing fresh sanctions on the DPRK over its nuclear test on Sept. 3, which violated previous UN resolutions.

Scan the QR code and push it to your mobile phone

Keyword: China-import/export China-oil China-DPRK oil-export

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial