North Korea sanctions

On August 6, 2017, the United Nations Security Council imposed sanctions on North Korea that could see the reclusive state's US$3 billion annual export revenue drop by a third. The sanctions, which banned North Korean exports of coal, iron, iron ore, lead, lead ore and seafood, were aimed at punishing Pyongyang over its two intercontinential ballistic missile tests. Countries were also prohibited from hiring additional North Korean labourers.