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India banned trade of Nuke items,Wagons with N Korea

Jun 4, 2013 17:30 IST

India on 3 June 2013 added some more items, including gems and jewellery to its list of items prohibited for trade with North Korea, directly or indirectly.

The decision was taken keeping into view UN sanctions against North Korea because of its nuclear programme. It is worth Mentioning here that a UN resolution against North Korea was adopted on 7 March 2013.

A notification was issued by Directorate of Foreign Trade (DGFT) in this regard enlisting the new items that are barred for trade with North Korea.

The Prohibited items include a particular kind of lubricant, corrosion—resistant material and certain chemicals which can be used for nuclear and missile technology. It also includes luxury goods like gems, jewellery, precious stones, yachts, luxury vehicles, racing cars and station wagons.

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Read more Current Affairs on: India , Nuke items , Wagons , N Korea

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