Ministry of Commerce of China to fully ban imports of coal, iron, iron ore, lead and lead ore from North Korea
2017-08-16 16:44:10 [Print]
The Ministry of Commerce of China announced on August 14 that, in accordance with the relevant laws, they decided to fully ban imports of coal, iron, iron ore, lead, lead ore, etc. from North Korea from the date of the implementation of this announcement on August 15. Goods delivered before the date can be given customs clearance and those delivered after the date will be banned (including already accepted by customs but not yet released).
In addition, the above measures do not apply to non North Korea origin coal transferred through Rason port in North Korea proved by exporters based on credible information, but those goods should be reported to the Council set up by the UN Security Council based on the No.1718 resolution and those Chinese exporters should complete customs clearance with document from Council.
This announcement comes into effect from August 15, 2017.
In addition, the above measures do not apply to non North Korea origin coal transferred through Rason port in North Korea proved by exporters based on credible information, but those goods should be reported to the Council set up by the UN Security Council based on the No.1718 resolution and those Chinese exporters should complete customs clearance with document from Council.
This announcement comes into effect from August 15, 2017.
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Unit:USD/mt
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