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China Curbs Oil Product Exports to North Korea, Bans Condensate

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China slapped fresh sanctions on North Korea, curbing some oil product exports to the country, after U. S. President Donald Trump ordered new sanctions this week.
China slapped fresh sanctions on North Korea, curbing some oil product exports to the country, after U. S. President Donald Trump ordered new sanctions this week.
China halted the outbound shipment of condensate and liquefied natural gas to North Korea from Saturday, and will limit exports of refined oil products from Oct. 1, the Ministry of Commerce said in a statement published late Friday. The world’s second-largest economy, which is North Korea’s largest trading partner and its main ally, also banned imports of textiles from the country, according to the statement.
The government acted after Trump ordered new sanctions on individuals, companies and banks doing business with North Korea, as he sought to further isolate the regime and increase economic pressure as a way to curb its weapons programs.

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