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China: N Korean firms in country will shut within 120 days of UN resolution
Published:  Sep 28, 2017 11:48 PM
Updated: 3:55 PM

China's commerce ministry said today that North Korean firms or joint ventures in China will be shut within the 120 days of the latest United Nations Security Council sanctions passed on Sept 12.

Overseas Chinese joint ventures with North Korean entities or individuals will also be closed, the ministry said in a statement on its website, not giving a timeframe.

The UN Security Council voted unanimously on Sept 12 to boost sanctions on North Korea, banning its textile exports and capping fuel supplies.

The UN action was triggered by North Korea's sixth and largest nuclear test this month.

It was the ninth Security Council sanctions resolution over North Korea's ballistic missile and nuclear programs since 2006.

- Reuters

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