Saturday, February 18, 2017
Kim Jong Pudge went too far
And the Chinese government has just pulled back sharply on his economic chain.
China will suspend all imports of coal from North Korea until the end of the year, the Commerce Ministry announced Saturday, in a surprise move that would cut off a major financial lifeline for Pyongyang and significantly enhance the effectiveness of U.N. sanctions.This is a nice kick in the nuts for Chairman Pudge and the exceptions will let China tell him when he is being good or bad. On the other hand maybe now the Best Korean peasants will be able to heat their homes and have more hours of electricity.
Coal is North Korea’s largest export item, and also China’s greatest point of leverage over the regime.
The ministry said the ban would come into force Sunday and be effective until Dec. 31.
China said the move was designed to implement last November’s United Nations Security Council resolution that tightened sanctions against the regime in the wake of its last nuclear test.
But experts said the move also reflected Beijing’s deep frustration with North Korea over its recent missile test and the assassination of Kim Jong Un’s half brother in Malaysia.
Kim Jong Nam had been hosted and protected by China for many years, and his murder, if proved to be conducted on Pyongyang’s orders, would be seen as a direct affront to Beijing, experts said.
China has also come under significant international pressure to do more to rein in North Korea’s nuclear weapons and ballistic missile programs, while Chinese President Xi Jinping is believed to have become increasingly irritated by Kim Jong Un’s behavior.
North Korea is China’s fourth-biggest supplier of coal. Although China announced last April that it would ban North Korean coal imports to comply with U.N. sanctions, it made exceptions for deliveries intended for the “people’s well-being” and not connected to North Korea’s missile programs.
Subscribe to Posts [Atom]