Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance    EGX ends week in green on 27 Nov.    Resilience, Innovation, and the Smart Home: Mohamed Ataya on GROHE's Strategic Vision for Egypt    Australia returns 17 rare ancient Egyptian artefacts    Oil prices dip on Thursday    Asian stocks rise on Thursday    Cairo affirms commitment to Lebanese sovereignty, urges halt to cross-border violations    Gaza death toll rises as humanitarian crisis deepens, Israeli offensive expands in West Bank    Egypt expands rollout of Universal Health Insurance    Egypt's Al-Sisi links national progress to strict law enforcement, says society has role in reforming legal application    China's WINPEX to establish $15m lighting equipment plant in Ain Sokhna    China invites Egypt to join African duty-free export scheme    Egypt, Algeria agree to deepen strategic ties, coordinate on Gaza ceasefire, regional crises    Ahl Masr Hospital Launches Region's First Burn Care Conference    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt adds trachoma elimination to health success track record: WHO    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



U.S., China agree on draft North Korea sanctions resolution at U.N.
Published in Amwal Al Ghad on 25 - 02 - 2016

The United States and China have agreed on a draft resolution that would expand U.N. Security Council sanctions against North Korea over its latest nuclear test and hope to put it to a vote in the coming days, council diplomats said on Wednesday.
Speaking on condition of anonymity, two council diplomats said Beijing and Washington reached a deal on the draft, which could go to the full 15-member council soon. The two veto powers had been negotiating on a draft resolution for the past seven weeks following Pyongyang's fourth nuclear test on Jan. 6.
"It's a substantive, long, full draft ... which I hope will be adopted in the coming days," a senior council diplomat said. "There were a significant number of blockage points between the two countries ... There is an agreement between those two countries."
The draft resolution is expected to call for the blacklisting of a number of individuals and entities, diplomats said. They were reluctant to provide further details.
North Korea's Ministry of Atomic Energy Industry and its National Aerospace Development Agency or 'NADA', the body responsible for February's rocket launch, will be amongst the sanctioned entities, South Korea's Yonhap news reported.
The secretive General Reconnaissance Bureau, already sanctioned by the United States for its suspected role in the 2014 cyber attack on Sony Pictures, was also included in the blacklist, Yonhap said.
The council is scheduled to discuss the U.N. North Korea sanctions regime on Thursday at 3 p.m. ET (2000 GMT), the U.N. press office said.
China and the United States have had different views on how strong the response should be to North Korea since Pyongyang's nuclear test last month with Washington urging harsh punitive measures and Beijing emphasizing dialogue and milder U.N. steps that are confined to non-proliferation.
Western diplomats told Reuters that restricting North Korean access to international ports was among the measures Washington was pushing Beijing to accept.
Washington also wanted to tighten restrictions on North Korean banks' access to the international financial system, the diplomats said.
North Korea has been under U.N. sanctions since 2006 because of its multiple nuclear tests and rocket launches. In addition to a U.N. arms embargo, Pyongyang is banned from importing and exporting nuclear and missile technology and is not allowed to import luxury goods.
China and the United States signaled on Tuesday that they were near agreement on a draft sanctions resolution on North Korea.
Source: Reuters


Clic here to read the story from its source.