U.S. propos­ing new penal­ties on N. Korea

Austin American-Statesman - - MORE OF TODAY’S TOP NEWS -

The United States has pro­posed wide new United Na­tions sanc­tions on North Korea that would ban ex­ports of coal and other com­modi­ties, a U.N. Se­cu­rity Coun­cil diplo­mat said Fri­day.

The new penal­ties are likely to be adopted quickly by the Se­cu­rity Coun­cil in re­sponse to two North Korean in­ter­con­ti­nen­tal bal­lis­tic-mis­sile launches last month, the diplo­mat said. A vote could come as soon as Satur­day.

The bans on coal, lead, iron and seafood ex­ports could deny North Korea $1 bil­lion in an­nual rev­enue, out of to­tal ex­ports of $3 bil­lion, ac­cord­ing to the diplo­mat, who in­sisted on be­ing iden­ti­fied only as a Se­cu­rity Coun­cil diplo­mat in a brief­ing for re­porters.

The U.N. sanc­tions would also cap North Korea’s lu­cra­tive pro­gram of farm­ing out la­bor­ers, called guest work­ers, to other na­tions, the diplo­mat said.

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