China will soon begin restricting oil exports to North Korea, the country’s Commerce Ministry announced on Saturday, marking a major step by Pyongyang’s top ally and trading partner to further isolate the country from the global economy. In April, the Global Times — a state-run tabloid that often reflects official thinking — raised the prospect of curbing oil exports in retaliation for North Korea’s increasingly provocative behavior. Yet in early September, after North Korea conducted its sixth and biggest-ever nuclear test, it called the prospect of a full oil embargo “rash and extreme.”“If China completely cuts off the supply of oil to North Korea or even closes the China-North Korea border, it is uncertain whether we can deter Pyongyang from conducting further nuclear tests and missile launches,” it said. President Trump has put Beijing at the forefront of U.S. efforts to rein in North Korea’s nuclear program. The new sanctions target any company or person doing business with North Korea.
Source: Los Angeles Times September 23, 2017 11:02 UTC