“Full observance of these restrictive measures could slash Pyongyang's foreign currency revenues, currently standing at $ 3 billion, by $ 1 billion,” U.S. estimations quoted by Reuters earlier. A source speaking to the agency claimed Russia and China might support the U.S.-drafted resolution.
In view of active developments in the North Korean missile program, the situation on the Korean Peninsula remains extremely tense. In July, country held two launches of Hwasong-14 ballistic missiles, with the background of reports of a successful testing of an intercontinental ballistic missile.
U.S. authorities confirmed Pyongyang's statements that the missile was an intercontinental ballistic one, but Russian Defense Ministry said the characteristics of the trial test showed it was a medium-range ballistic missile.
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