China’s coal imports from North Korea ease after sanctions

25 Feb 2017   China, North Korea

China’s coal imports from North Korea eased last month after new U.N. Security Council sanctions curbing the isolated country’s sales abroad came into effect, while Russia, Mongolia, Australia and Indonesia raised shipments, data showed on Friday. January imports from North Korea eased 13 percent from a year earlier to 1.45 million tonnes, the data showed. They were down 28 percent from December. January’s volume accounted for almost 20 percent of the latest U.N. annual sales quota of 7.5 million tonnes or $400.9 million, whichever is smaller, on North Korea’s biggest export. The imports last month came before Beijing’s decision last Saturday to ban coal shipments entirely after Pyongyang tested an intermediate-range ballistic missile in its first […]

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