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Taiwan bans all trade with N.Korea

Taiwan bans all trade with N.KoreaTaipei, Sep 26 (IANS) The Taiwanese government on Tuesday banned all trade with North Korea, complying with various UN resolutions despite Taipei not being a member of the organisation.

The ban will have a limited impact on North Korea due to its relatively insignificant bilateral trade with Taiwan, reports Efe news.

During the first seven months in 2017, North Korean imports to Taiwan, mostly ginseng and textiles, amounted to only $ 1.25 million, and Taipei exported only $36,575 worth of goods, according to a statement released by the government.

 

Taiwan joins a long list of countries which have urged North Korea to suspend any activity that harms or threatens peace in the Asia Pacific region, and has pledged to abide by UN Security Council Resolution No. 2375 adopted on September 11.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Taiwan bans all trade with N.Korea

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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