Russia slaps sanctions against North Korea

Russia has slapped sanctions against North Korea in line with the UN Security Council`s resolution 2094, the Kremlin said on Monday.

Moscow: Russia has slapped sanctions against North Korea in line with the UN Security Council`s resolution 2094, the Kremlin said on Monday.

The decree, signed by President Vladimir Putin, bans Russian citizens, organisations and businesses from trading commodities with the Democratic People`s Republic of Korea (DPRK), or providing financial transactions related to Pyongyang`s nuclear and missile programme, Xinhua reported.

According to the decree, Russia starts inspecting the consignments originating from North Korea or using it as a transit route on suspicion of containing prohibited content.

Russia also reserves the right from now on to ban any airplane from taking off from its territory, or landing there or transiting Russian airspace if Moscow has information that the plane carries prohibited cargo.

DPRK`s banks are also banned from operating in Russia or running joint ventures in cooperation with Russian financial institutions in accordance with the degree.

In November, Putin urged unconditional resumption of the six-party talks on denuclearisation of the Korean Peninsula involving North Korea, South Korea or the Republic of Korea (ROK), China, the US, Russia and Japan.

North Korea walked out of the six-party talks in April 2009 in protest against fresh UN sanctions.

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