China’s imports of lead and iron ore from the DPRK fell sharply after UN sanctions introduction

Almaty. October 25. Silkroadnews – China’s imports of lead and iron ore from the DPRK fell sharply after UN sanctions introduction, Reuters reported.
“China’s imports of iron ore and lead concentrate from North Korea plunged to their lowest in more than six years, while coal arrivals fell sharply after the United Nations’ latest sanctions against the isolated nation,” the report said.
According to the data of the Central Administration of Customs of the People’s Republic of China, the import of lead ore and concentrates amounted to only 1,321 tonnes, worth $1.18 million, down 84% compared to a year earlier and the lowest since January 2010.
Deliveries of iron ore fell 98% to 3,035 tonnes, worth $55,000, which is the lowest monthly volume since January 2011.
China imported 511,619 tonnes of coal, which is nearly $44 million, down 71.6% from a year earlier.
The data represent the final volumes fixed by the customs office before the sanctions of the United Nations banning Pyongyang to sell coal, iron ore, lead, lead ore and seafood abroad came into effect on September 5. With this the volume of trade between China and the DPRK amounted to $412 million, which is the lowest since April. Export of gasoline was the lowest since January 2016, and sales of diesel fuel were the smallest since May.
The UN Security Council unanimously introduced new sanctions against North Korea. Sanctions took effect this month, but China imposed new restrictions since August 15 amid growing pressure from the United States to curb Pyongyang’s missile program.