North Korean soldiers salute at Mansudae hill in Pyongyang, North Korea, in this photo taken by Kyodo, September 9, 2017 on the 69th founding anniversary of the country. (Kyodo/via REUTERS)
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The U.N. Security Council Monday unanimously imposed new sanctions on North Korea, slapping a ban on textile exports and restricting shipments of oil products to punish Pyongyang for its sixth and largest nuclear test.With backing from China and Russia, the council adopted a U.S.-drafted sanctions resolution just one month after banning exports of coal, lead and seafood in response to North Korea's launch of an intercontinental ballistic missile (ICBM).It was the eighth series of sanctions imposed on North Korea since it first tested a nuclear device in 2006 .Russia and China are pushing for talks with North Korea, but their proposal for a freeze on Pyongyang's missile and nuclear tests in exchange for suspending U.S.-South Korean military drills has been rejected by the United States.That would amount to a 10 percent cut in oil products, according to the U.S. Energy Information Administration, which estimates annual exports to North Korea at nearly 2.2 million barrels.The US official said the ban on textile exports would deprive North Korea of some $726 million in annual revenue.
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