The UN Security Council will vote today on a US-drafted resolution toughening sanctions on North Korea. Backed by its European allies, Japan and South Korea, the United States has been leading the push at the United Nations, UN for tougher sanctions in response to North Korea's launch of an intercontinental ballistic missile on July 4 and another on July 28.
The draft resolution said, North Korea is blamed for a massive
diversion of its scarce resources toward the development of nuclear weapons and a number of expensive ballistic missile programs.
If implemented by all countries, the ban would strip Pyongyang of roughly a third of its export earnings estimated at 3 billion US dollars per year.The new raft of measures would be the seventh set of UN sanctions imposed on North Korea since it first carried out a nuclear test in 2006.