Sanctions imposed by a 2016 resolution of the United Nations Security Council in retaliation for unauthorised nuclear tests by North Korea, will probably see the rogue East Asian country’s coal exports fall to a third its value five-year average.
Analysis by the US Energy Information Administration (EIA) on Friday reported that North Korea, under the totalitarian dictatorship of Kim Jong-un, stands to suffer coal export earnings of only about $400-million in 2017, down from $1.2-billion, or about 40% of the embattled country’s total export revenue in 2016.
