Advertisement

China Orders Businesses to Close Trade With North Korea

China Closes Business with North Korea Photo: MGN Online. China Closes Business with North Korea

September 28, 2017 09:51 AM

BEIJING (AP) - Chinese news reports say the government has ordered most North Korean-owned businesses and ventures with Chinese partners to close under U.N. sanctions imposed over the North's nuclear and missile programs.
    
A Ministry of Commerce order quoted by multiple news outlets on Thursday said businesses owned by North Korean companies or individuals must close within 120 days of the Sept. 11 approval of the latest sanctions.
    
China is North Korea's main trading partner and businesses in China help to provide the isolated country with foreign currency.
    
U.N. sanctions that have been steadily tightened ban North Korea from selling coal and textiles and order other governments to limit fuel supplies.

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Advertisement

KAAL-TV

(Copyright 2017 by The Associated Press. All Rights Reserved.)

Advertisement
Relay Media Amp
Advertisement

Most Read Stories

Dashaun Pittman

Rochester Man in Custody After Pointing Airsoft Gun at People


Meth Seized During Traffic Stop in Rochester

Leading Mason City Fire Chief Candidate Withdraws

Reactions Continue Following President Trump, Putin Meeting

Southland School Board Favors Renovation Over New Construction

Rochester Public School Board Candidates Debate for August Primaries

Advertisement
Advertisement
Advertisement