N. Korean coal on sale in Chinese online shopping malls
SEOUL, July 2 (Yonhap) -- North Korean coal is being traded on Chinese online malls, the U.S.-based Voice of America (VOA) reported Saturday, implying a possible violation of the United Nation's sanctions slapped on the communist country.
According to the report, a handful of Chinese firms are selling anthracites and briquettes imported from North Korea through online shopping malls, including No. 1 player Alibaba.
As of July 1, the price tag on North Korean anthracites stood at US$200 per ton, the report added.
Last year, such resources took up 40 percent of North Korea's combined export volume, with 97 percent of the product heading to China.
In June, China submitted an action plan on how to implement its sanctions against North Korea in tandem with the ongoing global efforts to punish Pyongyang for conducting its nuclear and missile tests earlier this year.