- Mandatory inspections of all vessels going in and out of North Korea.
- Banning exports from the country of minerals such as gold, titanium, rare earths, coal, and iron—a key source of hard currency for the Kim Jong Un regime.
- Banning aviation fuel exports to North Korea.
- Designating additional individuals subject to travel bans and asset freezes
- Banning North Korea from chartering vessels or aircraft.
U.S. Seeks Tighter North Korea Sanctions With UN Vote Tuesday
By: Kambiz Foroohar and Sangwon Yoon | Mar 01 2016 at 10:13 AM | International Trade
The U.S. wants the United Nations Security Council to vote on tighter sanctions against North Korea on Tuesday as international support lines up against the isolated country for a missile launch and nuclear test earlier this year.
With the Security Council’s presidency shifting to Angola on Tuesday, the U.S. wants North Korea to be among the first issues taken up. Secretary of State John Kerry and China’s Foreign Minister Wang Yi discussed North Korea during a meeting in Washington last week, saying “significant” progress was made in drafting a UN resolution.
According to a draft resolution obtained by Bloomberg News last week, the council would consider: