China backs new UN sanction

By Qu Qiuyan and Zhang Xin Source:Global Times Published: 2017/9/11 23:13:40

Draft resolution drops oil embargo, asset freeze

China said Monday it will support further sanctions from the UN Security Council against North Korea over its sixth nuclear test, a day before the Security Council votes Monday afternoon (US EDT).

China hopes that the Security Council members could "reach a decision after full consultations and give a united voice on the North Korea issue," said Geng Shuang, a spokesperson for the Ministry of Foreign Affairs, at a regular press conference on Monday.

The Security Council is set to vote on a US-proposed draft resolution on Monday to impose a new round of sanctions on North Korea over its latest nuclear test, Reuters reported.

On the same day before the UN vote, North Korea's foreign ministry warned the US that it would pay a "due price" for its efforts in the sanctions, and North Korea would adopt forthcoming measures to "cause the US the greatest pain and suffering it had ever gone through in its entire history" if the sanctions resolution is passed, the Korean Central News Agency reported.

"The resolution is bound to be passed, which is merely a matter of time, as North Korea's latest move has neglected global objections to its nuclear test," said Wang Junsheng, a research fellow on East Asian Studies at the Chinese Academy of Social Sciences, told the Global Times on Monday.

The new draft drops a proposed oil embargo on North Korea and no longer proposes blacklisting North Korean Leader Kim Jong-un, Reuters reported on Monday.

Geng said that the previous Security Council resolutions have sent two messages, with one about sanctions and the other about "resuming peace talks immediately."

Chinese Foreign Minister Wang Yi said Thursday that the key to solving the nuclear issue on the Korean Peninsula is sanctions and dialogue.

"North Korea should be punished for its nuclear test, but the original sanctions, which included an oil embargo, were too strict, which might lead to chaos in the country," Lü Chao, a researcher on North Korea at the Liaoning Academy of Social Sciences, told the Global Times on Monday.

China's support for a new Security Council resolution is likewise reflected in the financial sector.

The People's Bank of China circulated a notice on Monday to impose limits on related personal and corporate business listed in the UN resolutions, according to the bank's official website.

China has always implemented North Korea-related UN resolutions and faithfully fulfilled its international obligations, Geng said.

"China, however, opposes unilateral sanctions outside the framework of the UN Security Council," he noted.

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