19:54 GMT +3 hours30 July 2016
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A new multiple launch rocket system is test fired in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang March 4, 2016

South Korea May Announce Own Sanctions Against North Next Week - Reports

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South Korea is adamant to announce its own sanctions against North the next week after the UNSC will implement its harsher measures on it, media reported Sunday.

MOSCOW (Sputnik) — Seoul is expected to announce its own sanctions against Pyongyang the next week following the UN Security Council's decision to introduce stronger restrictive measures on North Korea, media reported Sunday.

On Wednesday, the UN Security Council unanimously passed a resolution to extend existing sanctions on Pyongyang in response to the country’s fourth nuclear bomb test in January and long-range rocket launches in breach of the existing Security Council resolutions.

The South Korea may ban entry for foreign vessels that have been at North Korean ports and include more entities and individuals linked to Pyongyang's weapons of mass destruction to the sanctions list, Seoul-based Yonhap news agency reported citing a South Korean official.

According to the official, the sanctions are due to be announced by South Korea's Prime Minister's Office early next week.

The restrictive measures under the new UN resolution are due to affect multiple sectors of North Korea's economy, making all cargo entering and leaving the country subject to inspection and limiting or prohibiting the nation's export of coal, iron, gold, titanium and rare natural minerals. The resolution also bans conventional arms sale as well as the delivery of aviation and rocket fuel to Pyongyang.
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Tags:
weapons of mass destruction, resolution, vessel, rocket launch, sanctions, nuclear test, UN Security Council, North Korea, South Korea, Korean Peninsula
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