China’s exports to North Korea have fallen for 11 consecutive months

China’s exports to North Korea have fallen for 11 consecutive months

Huang Yuping, the spokesman of the General Administration of Customs, said that China’s exports to North Korea fell for 11 consecutive months when introducing import and export in the first half of 2018.

In response to questions from foreign media reporters, Huang Yiping said that in the first half of this year, China’s import and export to North Korea was 7.07 billion yuan, down 59.2%. Among them, exports were 6.38 billion yuan, down 43.1%, and imports were 690 million yuan, down 88.7%. In June, China’s imports and exports to North Korea fell by 58.1%, of which exports fell by 40.6% and imports fell by 92.6%. From the latest data, China’s exports to North Korea have fallen for 11 consecutive months, and imports from North Korea have fallen for 10 consecutive months.

Huang said that the implementation of the Security Council resolution is a common obligation that all UN member states should fulfill. China Customs has consistently implemented the relevant resolutions of the Security Council in a comprehensive, accurate, serious and strict manner.

Earlier, the Chinese Foreign Ministry spokesperson said in answering questions about China-DPRK trade that China has always been conscientiously and strictly implementing the various resolutions adopted by the Security Council and faithfully fulfilling our international obligations. This is very clear.

The Chinese Foreign Ministry stated that the relevant resolutions passed by the Security Council stipulate that sanctions should be adjusted as needed, including suspension or lifting of relevant sanctions, in accordance with North Korea’s compliance with and implementation of the resolution. China has always believed that sanctions are not an end in itself. The actions of the Security Council should support and cooperate with the current diplomatic dialogue and the denuclearization of the peninsula to promote the political settlement of the peninsula.

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