March 29, 2024
News

China announces implementation details of North Korea oil restrictions

Commerce ministry also announces details on textile trade measures

China will limit the supply of refined petroleum products to North Korea in order to comply with the latest United Nations Security Council (UNSC) sanctions, Beijing's Ministry of Commerce announced on Saturday via its website.

Sales of refined petroleum products will be limited to two million tons per year, the commerce ministry said, while the export of all liquified natural gas and condensates will be banned.

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