UN Security Council imposes new sanctions on North Korea

With 15 votes in favor, Resolution 2371 was passed unanimously.

The resolution targets North Korea’s primary exports, including coal, iron, iron ore, lead, lead ore and seafood. The sanctions also target other revenue streams, such as banks and joint ventures with foreign companies.

The sanctions will slash North Korea’s annual export revenue of $3 billion by more than a third, according to a statement from the office of Nikki Haley, the US ambassador to the United Nations.