North Korea Illegally Trades Oil, Coal, With China’s Help

North Korea has yet again slipped through the United Nations sanctions net designed to curb Pyongyang’s nuclear and ballistic missile testing. The UN measures are aimed at restricting the DPRK’s access to world energy markets.Fifteen months ago, the U.N. Security Council (UNSC) limited North Korean petroleum imports to 500,000 barrels per year and imposed an export ban on North Korean coal – a major source of government revenue. A March 5, 2019 UNSC report details the extent to which Pyongyang has gone to evade these restrictions, including fraudulently registering ships under the flags of Panama, Guatemala, and Sierra Leone and engaging in illegal ship-to-ship (STS) oil and coal transfers.

Source: North Korea Illegally Trades Oil, Coal, With China’s Help