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07 Jan
04:39

China bans steel exports to North Korea

China has announced it will ban exports of iron, steel, other metals, industrial machinery and vehicles to North Korea effective 6 January 2018. The ban covers HS codes starting with 72 to 89, according to a joint statement from the Ministry of Commerce (Mofcom) and Bureau of Customs. Data from Global Trade Tracker shows in 2016 China exported 217,070 tonnes of iron and steel products with a HS code starting with 72 to North Korea. Over January to Nove…
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