China issued orders to close North Korean companies

Beijing: China, implementing the United Nations resolutions, gave ultimate to North Korean companies to close their business by January. According to the Foreign Ministry’s statement, China raised this step to point out the UN sanctions on North Korea’s sixth nuclear experiments. According to the Ministry of Commerce, North Korean companies who jointly traded with Chinese companies have been given a 120- to settle their business. It is believed that China has also announced that it will also limit export of refined petroleum to North Korea from October 1, while restrictions will be imposed on textile products on October 1.


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