US will 'suffer greatest pain' over sanctions — N Korea

Prime Minister Lee Nak-yon speaks during a Cabinet meeting on Sept. 12 2017

"We are done trying to prod the regime to do the right thing" and instead are taking steps to prevent it "from doing the wrong thing".

A source in Beijing said, "China is also thought to supply the North with up to 500,000 tons of crude oil free of charge annually, and sends a considerable amount of oil products by tanker truck and ship".

The measures were approved unanimously Monday.

The resolution - in the wake of Pyongyang's sixth and strongest nuclear test explosion - bans North Korea from importing all natural gas liquids and condensates. That is good, but there is no peace treaty in place.

The U.S.is going frantic to fabricate the harshest ever "sanctions resolution" by manipulating the United Nations Security Council (UNSC) over the DPRK's ICBM mountable H-bomb test.

"We have not had the resolve to put these sanctions on those major institutions", Royce was quoted as saying.

When the BBC asked Foreign Ministry spokesperson Geng Shuang about the blocking of North Korean bank accounts, he said: "I'm not aware of the details but we oppose unilateral sanctions, especially the imposing of the long arm of jurisdiction according to certain country's domestic law".

Peru declared the ambassador, Kim Hak-Chol, a persona non grata on Monday to protest North Korea's refusal to heed the world's "constant calls" to end its nuclear programme - giving him five days to leave the Andean country.

US Ambassador Nikki Haley said the tough new measures were a message to Pyongyang that "the world will never accept a nuclear-armed North Korea", but she also held out the prospect of a peaceful resolution to the crisis.

"North Korea has set its sights on the so-called next generation financial markets, including virtual currencies, pin-tech and blockchains", he told journalists last week.

Han accused the U.S. administration of being 'fired up for political, economic, and military confrontation, ' and of being 'obsessed with the wild game of reversing the DPRK's development of nuclear force which has already reached the completion phase'.

Biswas noted, however, that the situation with China remains both crucial and complicated. Russia and China have also expressed concern about the humanitarian impact of strengthening sanctions on North Korea. That's near where around 70 percent of North Korea's ground forces are stationed.

China's official Xinhua news agency said in a commentary that the Trump administration was making a mistake by rejecting diplomatic engagement with North Korea.

The US official said the ban on textile exports would deprive North Korea of some US$726 million in annual revenue.

Trump could be referring to two books, one by Katy Tur and another by his election rival, Hillary Clinton.

But what Washington failed to get was equally telling.

North Korean leader Kim Jong Un.

The resolution was passed by the UN Security Council in an anonymous vote just moments ago.

The UN Security Council during an emergency meeting over North Korea's latest nuclear test, on 4 September 2017, at UN Headquarters in New York.

North Korea's embassy in Lima declined comment.

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