China to shut down North Korean companies as it implements United Nations sanctions

China to shut down North Korean companies as it implements United Nations sanctions


BBC News

China has told North Korean companies operating in its territory to close down as it implements United Nations sanctions against the reclusive state.

The companies will be shut by early January. Joint Chinese and North Korean ventures will also be forced to close.

China, Pyongyang’s only major ally, has already banned textile trade and limited oil exports.

The move is part of an international response to North Korea’s sixth and most powerful nuclear test.

The UN Security Council, of which China is a member, voted unanimously for fresh sanctions on 11 September.

China’s commerce ministry said it had set a deadline of 120 days from the passing of the resolution for any North Korean companies within its borders to close.

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Video: Beijing demands North Korean firms close operations in China by January 2016

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