Following North Korea’s ballistic missile test on 29 November 2017, the UN Security Council decided yesterday to increase sanctions against North Korea by unanimously adopting UNSC Resolution 2397 (2017). The main measures are as follows:
- Caps North Korea’s imports of refined petroleum to 500,000 barrels for 12 months starting on 1 January 2018;
- Limits North Korea’s imports of crude oil to 4 million barrels for 12 months as of 22 December 2017;
- Expands sectoral sanctions by introducing a ban on North Korea’s export of food and agricultural products, machinery, electrical equipment, earth and stone, wood and vessels;
- Introduces a ban on the supply, sale or transfer to North Korea of all industrial machinery, transportation vehicles, iron, steel and other metals (except spare parts to maintain North Korean commercial civilian passenger aircraft currently in use);
- Requires Member States to repatriate all North Korean nationals earning income within 24 months from 22 December 2017;
- Authorises Member States to seize, inspect, freeze and impound any vessel in their territorial waters found to be illicitly providing oil to North Korea through ship‑to‑ship transfers, or smuggling coal and other prohibited commodities from the country; and
- Designates an additional 16 individuals (mainly banking officials – asset freezes and travel bans imposed), and 1 entity (‘Ministry of the People’s Armed Forces’ – asset freeze imposed). UK OFSI Notice here (amended version here).
The UNSC stated that additional tests of nuclear weapons or long‑range ballistic missiles by North Korea would result in further restrictions on its import of petroleum. UN press release here.