The United Nations Security Council will vote on a new draft resolution on Friday slapping more sanctions against North Korea, in response to the regime's latest ballistic missile launch in late November.
According to reports, the new resolution introduced by the United States will look to ban about 90% of refined petroleum product exports to North Korea by capping it to 500-thousand barrels a year as well as reduce crude oil exports to four million barrels a year.
All North Korea nationals working overseas would also have to be repatriated within twelve months.
The list of banned imports would also be extended to include some food products and minerals, as well as adding 19 individuals and firms to the international blacklist.
The US are said to have been in discussions with China over the draft resolution during the past week, who are thought to have agreed not to use their power to veto.
Meanwhile, North Korean leader Kim Jong-un says it is undeniable that North Korea became a strategic country capable of threatening the United States with nuclear weapons.
According to the state-run media, Kim made his remarks on Thursday during a meeting of the ruling Workers' Party of Korea in Pyongyang. Kim added that due to rapid deployment of North Korea's nuclear arms program the country's nuclear weapons was having a great impact on the world's political stage and environment.
Source: Arirang News
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