3-Jun-2013
NEW DELHI: Keeping in tune with fresh UN sanctions, India today added a few more items, including gems and jewellery, to its list of items prohibited for trade with North Korea, directly or indirectly.
The Directorate of Foreign Trade (DGFT) issued a notification enlisting the new items that are barred for trade with North Korea, which is facing UN sanctions because of its nuclear programme.
The items include a particular kind of lubricant, corrosion-resistant material and certain chemicals which can be used for nuclear and missile technology, it said.
The list also includes luxury goods like gems, jewellery, precious stones, yachts, luxury vehicles, racing cars and station wagons, it added.
These items have been added to the list of items prohibited for direct or indirect import or export from or to North Korea, the notification said.
The notification was issued against the backdrop of a fresh UN resolution against North Korea, adopted on March 7, 2013.
India has been implementing the sanctions imposed on North Korea as it is of the view that the nuclear programme pursued by that country was not beneficial for the region.
Source:-economictimes.indiatimes.com
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