China bans imports of key commodities from North Korea, aviation fuel export

China has banned imports of key commodities from neighbour North Korea, and put a halt to exports of jet fuel in support of United Nations sanctions on Pyongyang.

Xinhua news agency said on it website that China had banned imports of coal, iron ore, gold, rare earth and other minerals from its neighobour with immediare effect.

The bans, with immediate effect, follow the UN Security Council’s resolutions, the Ministry of Commerce said in a statement on its website, adding that the embargoes allow some imports of North Korean coal, iron and iron ore for civilian use, but any trade related to the DPRK’s nuclear or missile programs is banned.

According to Bloomberg, China imported 19.6 million metric tons of coal from North Korea last year, compared with total inbound coal shipments of 204 million tons, according to customs data. The world’s biggest coal producer slashed imports 30 percent last year and is on track to mine 3.65 billion tons of the fuel this year.

 

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