![]() ![]() ![]() The think tank made the assessment, noting that China has begun to enforce the sanctions and the sanctions regime is multilayered and complex. "The shocks being felt by North Korea's economy and its markets could be stronger in case the sanctions persist and are consistently strengthened," the report said. "North Korea's economy is facing a situation, in which a possibility cannot be ruled out that it could suffer a blow that is totally different from previous sanctions," according to the report released by state-run think tank Korea Development Institute. North Korea's exports of coal to China dropped 14.6 percent in the first six months of this year from a year earlier. ![]() The sanctions call for, among other things, the mandatory inspection of all cargo going into and out of the North, and a ban on the country's exports of coal and other mineral resources to cut off North Korea's access to hard currency. sanctions ever over its fourth nuclear test and its long-range rocket launch earlier this year. SEJONG, July 28 (Yonhap) - North Korea's economy could face stronger shocks if international sanctions on the communist country persist, a report said Thursday. ![]()
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