Close Menu
NewsFile GH
  • Home
  • Local News
  • Politics
  • Business
  • Sports
  • Showbiz
  • Odd News
  • Opinion
What's Hot

Zoomlion begins nationwide fumigation in Accra

Nine suspects including Adwoa Safo’s brother granted GH¢500,000 bail each

Charles Bissue writes to OSP not to curtail trial

Facebook X (Twitter) Instagram
Trending
  • Zoomlion begins nationwide fumigation in Accra
  • Nine suspects including Adwoa Safo’s brother granted GH¢500,000 bail each
  • Charles Bissue writes to OSP not to curtail trial
  • Pressure mounts on Ken Agyapong as NPP coordinators demand evidence of allegations
  • Adwoa Safo’s brother, 2 others arrested over shooting incident
  • NYA CEO calls for urgent reforms to protect Ghana’s growing digital workforce
  • Adwoa Safo is stable and responding to treatment – Family
  • Keir Starmer announces resignation as UK PM
Facebook X (Twitter) Instagram
NewsFile GH
Demo
  • Home
  • Local News

    Zoomlion begins nationwide fumigation in Accra

    June 23, 2026

    Nine suspects including Adwoa Safo’s brother granted GH¢500,000 bail each

    June 23, 2026

    Charles Bissue writes to OSP not to curtail trial

    June 23, 2026

    Adwoa Safo’s brother, 2 others arrested over shooting incident

    June 23, 2026

    NYA CEO calls for urgent reforms to protect Ghana’s growing digital workforce

    June 22, 2026
  • Politics

    Pressure mounts on Ken Agyapong as NPP coordinators demand evidence of allegations

    June 23, 2026

    49% of voters prefer NPP, 38% for NDC, 8% undecided – APL tracker

    June 22, 2026

    Police probe alleged shooting of former Dome-Kwabenya MP Adwoa Safo

    June 21, 2026

    Ken Agyapong hauled to NPP Disciplinary C’tee for ‘anti-party’ conduct

    June 19, 2026

    Karaga MP launches Tumalana Community Games to unearth football talent

    June 7, 2026
  • Business

    Amend GoldBod Act Section 25 to protect institutional mandates, prevent financial loss – APL

    June 19, 2026

    Resource Governance Group warns against potential financial risks at GoldBod

    June 18, 2026

    FRRG rejects legal basis for GoldBod’s environmental restoration initiative

    June 18, 2026

    FRRG raises questions over GH¢36.35m GoldBod reclamation budget

    June 18, 2026

    Resource Governance Forum challenges GoldBod’s land reclamation project

    June 18, 2026
  • Sports

    Nukunu Sports Academy to support young football enthusiast until he turns 14

    June 16, 2026

    Fifa to pay Somali referee Artan full World Cup fee

    June 15, 2026

    Fmr. Suriname coach Stanley Menzo appointed Director of Football at Kotoko

    June 8, 2026

    Karaga MP launches Tumalana Community Games to unearth football talent

    June 7, 2026

    Iran’s football team granted visas to enter US for World Cup, officials say

    June 6, 2026
  • Showbiz

    Wiyaala named Ghana’s Global Ambassador for Fugu, promoting culture, fashion and national pride

    May 19, 2026

    Full List: Winners at the 27th TGMA

    May 10, 2026

    Agri-value addition takes centre stage at Ghana Cake Festival 2026

    May 5, 2026

    Kwahu Easter a national tourism asset that needs infrastructure support – Mpraeso MP

    March 27, 2026

    Gyankroma Akufo-Addo denies $25m interchange painting claims; threatens legal action

    March 27, 2026
  • Odd News

    Indian man carries sister’s skeleton to bank to prove her death

    April 30, 2026

    Stranded whale ferried out of German waters in barge

    April 29, 2026

    We had sex in a Chinese hotel, then found we had been broadcast to thousands

    February 6, 2026

    Nsawam Female Prison inmates showcase talents, proving rehabilitation thrives through discipline, culture and self-expression

    January 6, 2026

    Drunk raccoon found passed out on liquor store floor after breaking in

    December 3, 2025
  • Opinion

    Ghana’s cocoa price decision and the future of a resilient cocoa economy

    June 19, 2026

    Tithing Wahala: The Methodist Church’s ‘Robbers’ & the ‘Brave’ Woman – My Judgement!

    April 28, 2026

    Ten ‘sins’ Carlos Queiroz needs no repeating as Black Stars coach

    April 27, 2026

    Stop blaming the Banku. . .are we eating wrong or just living wrong?

    April 27, 2026

    My eight True Dare: ICUMS vs Truedare – Why is Truedare more expensive than ICUMS?

    April 23, 2026
NewsFile GH
Home»World»China slashes trade ties with N Korea
World

China slashes trade ties with N Korea

By KrobeaSeptember 23, 20173 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp Telegram Copy Link
Share
Facebook Twitter LinkedIn WhatsApp Copy Link Email
Petrol prices are on the rise in Pyongyang

China has moved to limit North Korea’s oil supply and will stop buying textiles from the politically isolated nation, it said on Saturday.

China is North Korea’s most important trading partner, and one of its only sources of hard currency.

The ban on textiles trade will hurt Pyongyang’s income, while China’s oil exports are the country’s main source of petroleum products.

The tougher stance follows North Korea’s latest nuclear test this month.

The United Nations agreed fresh sanctions – including the textiles and petroleum restrictions – in response.

A statement from China’s commerce ministry said restrictions on refined petroleum products would apply from 1 October, and on liquefied natural gas immediately.

A limited amount, allowed under the UN resolution, would still be exported to North Korea.

The current volume of trade between the two countries – and how much the new limits reduce it by – is not yet clear.

But the ban on textiles – Pyongyang’s second-biggest export – is expected to cost the country more than $700m (£530m) a year.

China and Russia had initially opposed a proposal from the United States to completely ban oil exports, but later agreed to the reduced measures.

North Korea has little energy production of its own, but does refine some petroleum products from crude oil it imports – which is not included in the new ban.

The AFP news agency reports that petrol prices in Pyongyang have risen by about 20% in the past two months.

“It was $1.90 yesterday, today it is $2,” a petrol station employee told the agency. “I expect the price will go up in the future.”

North Korea also produces coal, some $1.2bn of which was exported to China in 2016, but China had already strictly limited its imports of North Korean coal earlier this year.

North Korea’s foreign minister is expected to speak at the United Nations General Assembly later on Saturday, amid an escalating war of words between Kim Jong-un and Donald Trump.

The North Korean leader earlier labelled Mr Trump “mentally deranged” and a “dotard” while Mr Trump labelled Mr Kim a “madman” in response.

Russia’s foreign minister, Sergei Lavrov, said the row was “like when children in a kindergarten start fighting and no-one can stop them”.

Mr Lavrov said a pause was needed, “to calm down the hotheads”.

The pair were at odds over President Trump’s speech at the United Nations General Assembly, in which he threatened to “totally destroy” North Korea if forced to do so in defence of the US or its allies.

He also mocked Kim Jong-un with a disparaging nickname, saying: “Rocket man is on a suicide mission.”

But the North Korean leader said remarks by the “deranged” US president convinced him he is right to develop weapons for North Korea.

In an unprecedented personal statement, Mr Kim said Mr Trump would “pay dearly” for his speech, which he labelled “unprecedented rude nonsense”.

He said Mr Trump had insulted his country in the eyes of the world, and threatened to “surely and definitely tame the mentally deranged US dotard with fire.”

Experts say this is the first time a North Korean leader has made a direct address to an international audience – and it merits serious and thorough consideration.

Source: BBC

Share. Facebook Twitter LinkedIn Email Copy Link WhatsApp

Related Posts

Treason trial: videos of prosecution are like Kumkum Bhagya – Alan

May 23, 2023By newsfilegh5 Mins Read

Tons of cashew nuts rot as Ministry imposes ban on export

March 17, 2019By newsfilegh2 Mins Read

Chief to Akufo-Addo: Tackle protracted chieftaincy disputes

December 26, 2017By newsfilegh3 Mins Read
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Recent Posts
  • Zoomlion begins nationwide fumigation in Accra
  • Nine suspects including Adwoa Safo’s brother granted GH¢500,000 bail each
  • Charles Bissue writes to OSP not to curtail trial
  • Pressure mounts on Ken Agyapong as NPP coordinators demand evidence of allegations
  • Adwoa Safo’s brother, 2 others arrested over shooting incident
  • NYA CEO calls for urgent reforms to protect Ghana’s growing digital workforce
Top Posts

Zoomlion begins nationwide fumigation in Accra

Nine suspects including Adwoa Safo’s brother granted GH¢500,000 bail each

Charles Bissue writes to OSP not to curtail trial

Pressure mounts on Ken Agyapong as NPP coordinators demand evidence of allegations

About Us
About Us

NewsFile Gh is a comprehensive news portal that delivers up-to-date information on a wide range of topics, including politics, business, sports, entertainment etc. It provides users with real-time news updates accessible anytime and anywhere...

Email Us: news@newsfilegh.com

Facebook X (Twitter) YouTube RSS
Recent

Zoomlion begins nationwide fumigation in Accra

Nine suspects including Adwoa Safo’s brother granted GH¢500,000 bail each

Charles Bissue writes to OSP not to curtail trial

Most Popular

IS leader in Afghanistan ‘killed’

July 11, 2015

‘Oldest’ Koran found at UK university

July 22, 2015

Gunman in Mahama’s church for court today

July 28, 2015
© 2026 NewsFile GH. All Rights Reserved.
  • Home
  • Politics

Type above and press Enter to search. Press Esc to cancel.