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European Union extends sanctions against DPRK
19:59, 16 October 2017
European Union extends sanctions against DPRK

The new sanctions will affect three officials and six organizations

19:59, 16 October 2017

North Korean missile launched, September 2017
The Guardian

The European Union introduced new economic sanctions against the DPRK in connection with the development of Pyongyang's nuclear and missile programs, the Council of Europe said in a statement on Monday.

It is noted that Brussels imposed restrictions on oil trade, financial transactions and the establishment of joint ventures.

"Taking into account the threat to international peace and stability that continues to emanate from the DPRK, new prohibitive measures have been taken to put pressure on the DPRK to fulfill its international obligations reflected in several resolutions of the UN Security Council," the report said.

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The new sanctions will affect three officials and six organizations.

As previously reported, in September the United States imposed financial sanctions against eight North Korean banks.

We recall, the UN Security Council on September 11 unanimously adopted a resolution on the imposition of new sanctions against the DPRK.

According to the new resolution, restrictions are imposed on the supply of petroleum products to the DPRK. A limit is set for the supply of crude oil - volumes should not exceed the figures for the past 12 months. In addition, the DPRK will not be able to buy condensates and gas condensate liquids and will not be able to sell textile products.

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