The new UNSC’s sanctions include the full ban on the export of coal, iron and iron ore from the North Korea. The restrictions are also imposed on the increase of the number of work authorizations for the North Korean nations by the UN member states. The new resolution also bans investment activities in relation to North Korea, such as joint ventures, and designates several additional individuals for a travel ban and assets freeze, as well as imposes an assets freeze on some entities.
"I think that the level [of economic ties development] which has already been established at the current stage, will allow resolving the most acute North Korean issues, even if it does not allow increasing the trade turnover,… [the new sanctions] will not threaten the established ties," Novikov said.trade turnover with China and some improvements in the implementation of North Korea's mutual economic interests with Russia.
Pyongyang puts a lot of funds in strengthening its defense capabilities to avoid "the fate of Yugoslavia, Afghanistan, Libya and Syria," Novikov added.
The UNSC has repeatedly adopted resolutions condemning North Korea’s nuclear and missile tests. Despite that, Pyongyang has continued developing its nuclear and weapons program.
On Saturday, Russian Ambassador to the United Nations Vasily Nebenzya said that the new resolution of the UNSC targeting North Korea has exhausted the resources of potential pressure on Pyongyang and the UN member states need a political strategy for the DPRK.