China rebuffs United States demand to cut off oil exports to North Korea

China China rebuffed US demands cut off oil exports oil exports to North Korea Kim Jong-Un nuclear weapons United Nations Security Council resolutions

"Honestly, I think the United States should be doing ... much more than now, so that there's real effective worldwide cooperation on this issue", he told reporters. "They should do more to find effective ways to resume dialogue and negotiation", he said.

Meanwhile, North Korea's leader Kim Jong-un announced on Saturday that his country was seeking to reach "equilibrium" of military force with the U.S., shortly after the UN Security Council (UNSC) censured Pyongyang's latest missile launch over Japan.

The missile launch came days after the UNSC unanimously adopted a new set of sanctions against the North for its sixth and most powerful nuclear denotation test on September 3.

On August 22, the United States government unilaterally sanctioned Russian firms engaged in crude oil trade with North Korea, freezing their assets among other measures. USAssistant Secretary of the Treasury Marshall Billingsley said Tuesday at a House Foreign Affairs Committee hearing that the USA government imposed financial sanctions on the Bank of Dandong in Dandong, Liaoning Province, China, at the end of June. It also banned North Korea's textile exports (the second-biggest export for the country) which totals over $750 million each year, according to data from the Korea Trade-Investment Promotion Agency. Beijing has backed United Nations sanctions against the North.

Kim further vowed to complete the country's nuclear weapons program despite growing sanctions against Pyongyang.

Billingsley indicated that the USA government would sanction other Chinese financial institutions. "If the U.S. hopes that our position would be shaken and changed, that is an illusion", Kim Yong-jae told Russian media on Tuesday.

Chinese officials urged the Trump administration on Friday to halt its threats of military action against North Korea and rejected the notion, pushed by the president in recent weeks, that China is responsible for helping to resolve escalating tensions with military threats of its own.

To a question related the United States demands to cut off oil exports to North Korea, the diplomat said that it was American leaders who needed to tone down their rhetoric and added that Beijing will implement all UNSC resolutions.

Related:

Comments

Latest news

London’s Medical Startups Challenge Welcomes a New Judge, Max Polyakov
MBios is a joint project of Innovation House and the Ukrainian Medical Association of the United Kingdom (UMAUK). Such kind of challenges provides the participants with an opportunity to present their projects to the world.

FPL: Power To Be Restored To South Florida By End Of Weekend
The storm had knocked out power to about 1.5 million customers in the state on Monday, more than a third of them in metro Atlanta. If you come to an intersection with a non-working traffic signal, Florida law requires that you treat it as a four-way stop.

UFC Fight Night 116: Saturday's Card Loses Felipe Arantes-Luke Sanders
Former UFC middleweight champion Rockhold went one-on-one with former two-division WSOF title holder David Branch. Rockhold, meanwhile, continued to mix up kicks, with leg kicks and a jumping front face kick late in the round.

Options to address North Korea 'overwhelming'
This isn't the first time Twitter noticed an awkward moment between US President Donald Trump and First Lady Melania Trump.

Liverpool 1/4 to win against Burnley in Saturday's Premier League clash
He goes in between; it was a bouncing ball, they are quicker and they are more used to these situations, they do it more often. Instead Liverpool were left to rue the absence of the suspended Sadio Mane and the eighth goal they conceded in eight days.

Other news