Chinese government orders all North Korean firms to close in China

China enforced UN resolutions, giving North Korean companies the ultimate metamorphosis to close their business in 120 days. According to the Foreign Ministry’s statement, according to the foreign news agency, China has taken steps to keep the United Nations sanctions on the implementation of the sixth nuclear experiments. The North Korean companies who jointly traded with Chinese companies according to Ministry of Commerce have been terminated for till January. It is believed that China has also announced that it will also limit the export of refined petroleum to North Korea from October 1, even if the textile products will be banned. It is clear that the UN Security Council unanimously approved new sanctions against North Korea. North Korea’s oil imports have been restricted through new restrictions and export of textile products has been banned. These new sanctions have been imposed after the North Korea’s sixth and so far nuclear experiments.


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