EU to ban business ties with Pyongyang over nuclear tests


  • World
  • Friday, 13 Oct 2017

North Korean leader Kim Jong Un speaks during the Second Plenum of the 7th Central Committee of the Workers' Party of Korea (WPK) at the Kumsusan Palace of the Sun, in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang October 8, 2017. KCNA/via REUTERS

BRUSSELS (Reuters) - The European Union is set to agree on Monday to ban business ties with North Korea, part of a new package of sanctions to isolate Pyongyang over its nuclear and missile programmes.

The practical impact of the moves is likely to be mostly symbolic: Brussels will impose an oil embargo and a ban on EU investment, but it sells no crude to North Korea and European companies have no substantial investments there.

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