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Participants in N. Korea meeting agree to consider further diplomatic actions that go beyond UN resolution

Reuters reporting the statement issued from the 'Co-chairs' on North Korea, following their meeting in Vancouver.

Key Points:

“Participants in N Korea meeting agree to consider unilateral sanctions and further diplomatic actions that go beyond UN resolutions.

Participants commit to building global capacity to effectively implement sanctions and prevent proliferation financing, including from criminal activities and cyber operations.

Participants vow to counter North Korea's maritime smuggling, including with measures to stop its illegal use of "ship-to-ship transfers".

Meeting on North Korea vows to support progress in inter-Korean dialogue in hopes that it leads to sustained easing of tensions.

Participants agree diplomatic solution is both essential and possible

North Korea meeting recognizes the importance and special responsibility of China and Russia in contributing to a long-term solution on the Korean peninsula.”

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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