After North Korea’s most recent bout of long-range ballistic missile tests, the United Nations Security Council unanimously voted to impose new sanctions on Kim Jong-un’s regime on Saturday. These new restrictions are projected to slash North Korean exports by as much as a third.
The resolution, which was drafted by the United States after North Korea’s most recent ICBM test launch led experts to believe the platform may be able to reach targets as far away as Boston, focuses on the country’s primary exports of coal, iron, iron ore, lead, lead ore and seafood. The sanctions also target other means by which funds flow into the nation, including some banks and joint ventures made with companies based in other nations.
We should not fool ourselves into thinking we have solved the problem. Not even close. The North Korean threat has not left us, it is rapidly growing more dangerous,” U.S. Ambassador to the United Nations Nikki Haley told the Security Council. “Further action is required. The United States is taking and will continue to take prudent defensive measures to protect ourselves and our allies.”
Haley also informed the council that the United States had no plans to stop conducting joint military exercises on and around the Korean peninsula, despite North Korean and Chinese complaints that such operations only serve to increase tensions in the area. China has continued to make statements that seem to place the blame for heightened tensions on the U.S., rather than on Kim’s threats of pre-emptive nuclear strikes. The United States conducted mock bombing runs with B-1B Lancer bombers accompanied by both South Korean and Japanese fighters after North Korea’s most recent test.