China banks reportedly to halt business with North Korea as South Korea sends $8 million - News Summed Up

China banks reportedly to halt business with North Korea as South Korea sends $8 million


As such, we refuse to handle any individual loans connected to North Korea,” the document reportedly said. China and Russia agreed to the recent UN sanctions against North Korea, which included a ban on natural gas liquids and condensates. China's surprising instructions to banks this week, however, were at least partially undermined when South Korea on Thursday approved $8 million in supposed humanitarian aid to North Korea. UN SANCTIONS A ‘DROP IN THE BUCKET’ FOR NORTH KOREA: OLIVER NORTHA set date on when the money will begin flowing into North Korea has not been decided. About 18 million of the 25 million people who live in North Korea experience food shortages with a high child and mortality rates, according to the U.N.


Source: Fox News September 21, 2017 15:39 UTC



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