👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

South Korea says to pursue more unilateral sanctions against North Korea

Published 01/12/2016, 06:01
Updated 01/12/2016, 06:10
© Reuters. North Korean leader Kim Jong Un provides guidance to the skiing training of the mountain infantry battalion under KPA Unit 1045

SEOUL (Reuters) - South Korea said on Thursday it will pursue further unilateral sanctions against rival North Korea in the wake of its fifth and largest nuclear test in September.

The announcement followed new United Nations Security Council sanctions on North Korea on Wednesday, aimed at cutting Pyongyang's annual export revenue by a quarter in response to the September nuclear test.

"Following this resolution, we will develop diplomatic pressure and sanctions against North Korea in all directions, and quickly deploy unilateral sanctions with the U.S., Japan, EU and other friendly countries," South Korean foreign ministry spokesman Cho June-hyuck told a routine briefing.

© Reuters. North Korean leader Kim Jong Un provides guidance to the skiing training of the mountain infantry battalion under KPA Unit 1045

Cho did not provide any details about the new sanctions, or when they would be implemented.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.