Trump touts new sanctions on North Korea

US President Donald Trump has commended the UN Security Council for adopting new sanctions on North Korea, calling it the single largest economic sanctions package issued against the reclusive nation that is expected to cost Pyongyang USD 1 billion. Trump also praised Russia and North Korea's ally China for voting in favour of the sanctions. The UN Security Council unanimously adopted a US-drafted resolution that significantly strengthened sanctions on North Korea, with a ban on exports aimed at depriving Pyongyang of $1 billion in annual revenue. The US-drafted measure, negotiated with North Korea's neighbour and ally China, is aimed at increasing economic pressure on Pyongyang to return to negotiations on its nuclear and missile programs. AGENCIES