China Orders North Korean Businesses Closed by January

Military vehicles carry missiles with characters reading 'Pukkuksong' during a military parade marking the 105th birth anniversary of country's founding father, Kim Il Sung in Pyongyang, April 15, 2017.  REUTERS/Damir Sagolj
Military vehicles carry missiles with characters reading 'Pukkuksong' during a military parade marking the 105th birth anniversary of country's founding father, Kim Il Sung in Pyongyang, April 15, 2017. REUTERS/Damir Sagolj
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China Orders North Korean Businesses Closed by January

Military vehicles carry missiles with characters reading 'Pukkuksong' during a military parade marking the 105th birth anniversary of country's founding father, Kim Il Sung in Pyongyang, April 15, 2017.  REUTERS/Damir Sagolj
Military vehicles carry missiles with characters reading 'Pukkuksong' during a military parade marking the 105th birth anniversary of country's founding father, Kim Il Sung in Pyongyang, April 15, 2017. REUTERS/Damir Sagolj

China on Thursday ordered North Korean-owned businesses to shut down by January, cutting foreign revenue for the isolated North under UN sanctions imposed over its nuclear and missile programs.

North Korean businesses and ventures with Chinese partners must close within 120 days of the Sept. 11 approval of the latest sanctions, according to the Ministry of Commerce. That would be early January.

China is North Korea's main trading partner, making Beijing's cooperation essential to the success of sanctions imposed in an effort to top the North's pursuit of weapons technology. China has long been North Korea's diplomatic protector but has gone along with the latest penalties out of growing frustration with leader Kim Jong Un's government.

The latest round of sanctions approved by the UN Security Council ban member countries from operating joint ventures with North Korea.

The sanctions also ban sales of natural gas to North Korea and purchases of the North's textile exports, another key revenue source. They order other nations to limit fuel supplies to the North.

North Korean companies operate restaurants, trading outfits and other ventures in China, helping to provide the North with foreign currency.

China, which provides the bulk of North Korea's energy supplies, announced Saturday it would cut off gas and limit shipments of refined petroleum products, effective Jan. 1. It made no mention of crude, which makes up the bulk of Chinese energy supplies to North Korea and is not covered by the UN sanctions.

China also has banned imports of North Korean coal, iron and lead ore, and seafood since early September.

On Thursday, the Ministry of Commerce defended its recent imports of North Korean coal as permitted by UN sanctions.

A ministry spokesman, Gao Feng, said imports that were reported in August trade data were allowed by a "grace period" for goods that arrived before the UN ban took effect.

The imports are "in line with the (UN) resolution," Gao said.



IAEA Pulls Inspectors from Iran as Standoff over Access Drags on

FILE PHOTO: nternational Atomic Energy Agency (IAEA) Director General Rafael Grossi waits for an emergency meeting of the agency’s Board of Governors to discuss the situation in Iran following the US attacks on the country’s nuclear facilities, at the IAEA headquarters in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl/File Photo
FILE PHOTO: nternational Atomic Energy Agency (IAEA) Director General Rafael Grossi waits for an emergency meeting of the agency’s Board of Governors to discuss the situation in Iran following the US attacks on the country’s nuclear facilities, at the IAEA headquarters in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl/File Photo
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IAEA Pulls Inspectors from Iran as Standoff over Access Drags on

FILE PHOTO: nternational Atomic Energy Agency (IAEA) Director General Rafael Grossi waits for an emergency meeting of the agency’s Board of Governors to discuss the situation in Iran following the US attacks on the country’s nuclear facilities, at the IAEA headquarters in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl/File Photo
FILE PHOTO: nternational Atomic Energy Agency (IAEA) Director General Rafael Grossi waits for an emergency meeting of the agency’s Board of Governors to discuss the situation in Iran following the US attacks on the country’s nuclear facilities, at the IAEA headquarters in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl/File Photo

The UN nuclear watchdog said on Friday it had pulled its last remaining inspectors from Iran as a standoff over their return to the country's nuclear facilities bombed by the United States and Israel deepens.

Israel launched its first military strikes on Iran's nuclear sites in a 12-day war three weeks ago. The International Atomic Energy Agency's inspectors have not been able to inspect Iran's facilities since then, even though IAEA chief Rafael Grossi has said that is his top priority.

Iran's parliament has now passed a law to suspend cooperation with the IAEA until the safety of its nuclear facilities can be guaranteed. While the IAEA says Iran has not yet formally informed it of any suspension, it is unclear when the agency's inspectors will be able to return to Iran.

"An IAEA team of inspectors today safely departed from Iran to return to the Agency headquarters in Vienna, after staying in Tehran throughout the recent military conflict," the IAEA said on X.

According to Reuters, diplomats said the number of IAEA inspectors in Iran was reduced to a handful after the June 13 start of the war. Some have also expressed concern about the inspectors' safety since the end of the conflict, given fierce criticism of the agency by Iranian officials and Iranian media.

Iran has accused the agency of effectively paving the way for the bombings by issuing a damning report on May 31 that led to a resolution by the IAEA's 35-nation Board of Governors declaring Iran in breach of its non-proliferation obligations.

IAEA chief Rafael Grossi has said he stands by the report. He has denied it provided diplomatic cover for military action.

IAEA WANTS TALKS

Foreign Minister Abbas Araqchi said on Thursday Iran remained committed to the nuclear Non-Proliferation Treaty (NPT).

"(Grossi) reiterated the crucial importance of the IAEA discussing with Iran modalities for resuming its indispensable monitoring and verification activities in Iran as soon as possible," the IAEA said.

The US and Israeli military strikes either destroyed or badly damaged Iran's three uranium enrichment sites. But it was less clear what has happened to much of Iran's nine tons of enriched uranium, especially the more than 400 kg enriched to up to 60% purity, a short step from weapons grade.

That is enough, if enriched further, for nine nuclear weapons, according to an IAEA yardstick. Iran says its aims are entirely peaceful but Western powers say there is no civil justification for enriching to such a high level, and the IAEA says no country has done so without developing the atom bomb.

As a party to the NPT, Iran must account for its enriched uranium, which normally is closely monitored by the IAEA, the body that enforces the NPT and verifies countries' declarations. But the bombing of Iran's facilities has now muddied the waters.

"We cannot afford that .... the inspection regime is interrupted," Grossi told a press conference in Vienna last week.