UN to Vote Saturday on US-Drafted Resolution to Cut North Korean Exports

The UN’s main body will convene at 3:00 p.m. (19:00GMT) in New York to hold talks on "Non-proliferation/Democratic People’s Republic of Korea," according to its daily program.

A diplomat told the Financial Times newspaper that 15 UNSC member states were to vote on a US draft resolution that proposes cutting North Korean exports by a third of its annual earnings.

"The effort is to slash by a third DPRK’s income from exports… The US would not bring it unless they felt they had a signal of Chinese agreement," the diplomat said, adding it remained to be seen if Russia vetoes the proposal.

Washington also seeks to add more North Korean individuals and firms to the UN blacklist and ban other countries from entering into joint ventures with Pyongyang or hiring extra workers from the reclusive state.

North Korea was threatened with more sanctions after its second launch of an intercontinental ballistic missile on July 28, in violation of previous UN resolutions that prohibit Pyongyang from building nuclear and ballistic weapons.
 (Sputnik)
 5/8/17