UN Security Council has imposed a fresh round of sanctions on North Korea, but in a reduced measures against harsher sanctions proposed by United States.
Imports of crude oil and oil products will now be limited for Pyongyang. China is the main supplier of crude oil. A ban on exports of textiles has also been announced. Textiles exports is the second-largest export of North Korea and is worth more than $700 million. The North Koreans working overseas will be limited henceforth and this is estimated to cut off a tax revenue of about $500 million per year.
Washington had proposed for a total ban on overseas workers and a travel ban as well as asset freeze of North Korean leader Kim Jong-un.
Earlier, the US envoy to the United Nations said in an emergency meeting of the Security Council in New York referring the latest and most powerful nuclear bomb test by North Korea that is believed to be three times size of the bomb that destroyed Hiroshima in 1945 that patience of United States is not unlimited and the country is currently not looking for any war,
Meanwhile, North Korea has accused Washington and Seoul are escalating tensions in the region with their annual military drills.
Russia and China too had opposed the military presence of US in South Korea.