Trade Resources Policy & Opinion Oil Exports to North Korea Has Been Cut off by China

Oil Exports to North Korea Has Been Cut off by China

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This year,China has cut off oil exports to north Korea and north Korea promised to stop nuclear development and announced a return to the six-party talks to resume the conditions for export.

This is an action to continue to pressure on the north Korea of nuclear development.Most of north Korea's fuel and food are relying on China, the United States and other countries has repeatedly asked China to cut crude oil supply . The action,Interrupting exports of crude oil, has given up cautious attitude that showed China does not allow north Korea nuclear skepticism.

Accordinh to analysis, north Korea has it "reserve" about a year and a half by the end of last year, it won't cause social chaos even if suspending exports.

There are a lot of people think that the Chinese may been offering the crude oil to Korea in the aid of statistical way that were not included.

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China Has Cut off Oil Exports to North Korea for Seven Months
Topics: Metallurgy