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India tightens curbs on trade with North Korea

Reuters  |  NEW DELHI 

By Nidhi Verma

(Reuters) - India has imposed new restrictions on trade with North Korea, a government statement said on Wednesday, in line with sanctions slapped on the reclusive country for its nuclear and missile programmes.

has been cutting back on trade with but has maintained diplomatic links. It has given aid in the past, but even that has been brought down to the minimum.

The new restrictions were mainly on "new or used vessels", and farm products, and wood, the government said in the statement.

Curbs have also been toughened on the export of industrial machinery, transportation vehicles, iron, and other metals.

For a details, see: http://bit.ly/2D6lgM6

Washington has been leading diplomatic efforts to ramp up international pressure on The U. S.

State Department said on Tuesday it had imposed the new sanctions.

Tensions had risen to the highest level in years over North Korea's weapons programmes, which it pursues in defiance of resolutions, with bellicose rhetoric coming from both North Korean leader and U. S.

has boasted of its plans to develop a nuclear-tipped missile capable of reaching the mainland But fears of all-out war eased last month, coinciding with North Korea's participation in in the South.

seems "sincere" in its apparent willingness to halt nuclear tests if it holds denuclearisation talks with the United States, Trump said on Tuesday, as U. S., South Korean and Japanese officials voiced scepticism.

(Reporting by Nidhi Verma; Editing by and Nick Macfie)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 07 2018. 18:57 IST
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