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U.N. imposes new sanctions on North Korea following missile tests

The United Nations Security Council voted unanimously Saturday to impose new sanctions on North Korea, banning exports that supply up to a third of the country’s annual $3 billion earnings.

The U.S.-sponsored resolution was in response to North Korea’s launch of two intercontinental ballistic missiles last month, activities prohibited under existing U.N. resolutions.

The sanctions ban North Korea’s largest export, coal, along with exports of iron and iron ore, lead and lead ore, and seafood. Together, those exports amount to more than $1 billion a year in income for Pyongyang.

U.S. Ambassador Nikki Haley told the council that the vote showed Pyongyang that the world was united in seeking to end its nuclear and ballistic missile programs.