13 September 2017

News Story: (South Korean) PM welcomes U.N. sanctions resolution on N.K. even though watered down

SEOUL, Sept. 12 (Yonhap) -- Prime Minister Lee Nak-yon said Tuesday it's fortunate that the U.N. Security Council unanimously adopted new sanctions on North Korea even though the resolution was watered down from its original draft.

Earlier in New York, the Security Council adopted Resolution 2375 that centers on putting caps on North Korea's imports of crude and refined petroleum products, which experts say will lead to around a 30 percent reduction in total supplies of oil-related products to the North.

The resolution, however, was much weaker than the U.S.-proposed original draft that included cutting off crude supplies to the North and freezing overseas assets of North Korean leader Kim Jong-un. It has apparently been revised to win support from veto-holding China and Russia.

"Compared with the original draft proposed by the U.S., the resolution was toned down, such as reducing oil supplies to the North by 30 percent rather than a total suspension, and the North Korean leader's exclusion from the sanctions," Lee said during a Cabinet meeting.

Read the full story at YonhapNews