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N.K. received around US$24.8 mln worth of oil products from Russia last year: data

All News 12:22 September 02, 2020

SEOUL, Sept. 2 (Yonhap) -- North Korea's imports of oil products from Russia rose around 21 percent in 2019 compared to the previous year despite global sanctions imposed on Pyongyang, data showed Wednesday.

North Korea received about US$24.8 million worth of oil products from Russia in 2019, up from $20.4 million the previous year, said Kharon, an international security research company, citing data from the International Trade Centre.

The increase came despite global sanctions restricting exports of petroleum into North Korea.

In response to the North's launch of an intercontinental ballistic missile in 2017, the United Nations placed international sanctions on Pyongyang, limiting exports of refined oil to the North to 500,000 barrels per year and requiring member states to report to the U.N.

julesyi@yna.co.kr
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