In appreciating the resolution, the ambassador said the resolution will have a significant impact on Pyongyang's acquisition of energy and foreign currency via measures such as placing a cap on its import of petroleum products and banning other countries from importing North Korean textiles.
Ethiopia's United Nations mission, the current Security Council president, said late Sunday that members would vote on a North Korea resolution following a meeting Monday afternoon on implementing existing sanctions against the Pyongyang government.
The 15-member council based in NY approved Resolution 2375, which imposes a cap on the supply, sales or transfer of crude oil to North Korea to the level of the past 12 months, some 4 million barrels, and limits exports of refined petroleum products to the country to 2 million barrels a year.
In order to ensure the support of Russian Federation and North Korea's only major ally China, western diplomats had to weaken parts of the resolution, including freezing the assets of leader Kim Jong Un.
"It's important to change North Korea's policy through pressure that is stronger than they've ever seen", said Abe. They've pushed for a "freeze for freeze" approach, whereby Pyongyang agrees to stop its weapons tests and in return the United States and South Korea stop their large-scale military exercises.
Geng said that China "hopes that the contents of Resolution 2375 can be implemented in a comprehensive and complete manner".
A Security Council resolution needs nine votes in favor and no vetoes by permanent members the United States, Britain, France, Russia or China to pass. "The forthcoming measures to be taken by the DPRK will cause the USA the greatest pain and suffering it had [sic] ever gone though in its entire history".
"If the goal of the sanctions is to create difficulties for ordinary workers and their ability to make a livelihood, then a ban on textiles will work", said Paul Tjia, an outsourcing specialist who regularly visits North Korea.
It will also ban the export of all textiles, the official said, noting that in 2016, the North Korean regime earned $760 million through those sales - making it the largest economic sector that UN Security Council had not yet touched.
However, the restrictive measures failed to prevent North Korea from conducting further tests.
"We have been clear in close consultation with the Americans that oil has to be included as an element of sanctions", South Korean foreign minister Kang Kyung-Wha told reporters.
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"We don't take pleasure in further strengthening sanctions today", said Haley.
"The difference here is we have wide-ranging United Nations sanctions that go beyond what we had on Iran", he said.
Royce's committee has written a letter to the Trump administration listing large Chinese entities ripe for sanctions, including the Chinese Agricultural Bank and the China Merchant Bank, Rogin wrote.
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It will lose $1.3 billion in annual revenues, she added. A U.S. State Department official told CBS News that naming Kim was also in the earlier draft August sanctions resolution, and it remains on U.S.' wish list - but the U.S. knew that it would probably be cast aside in order to garner China's support for new measures.
French ambassador to the UN Francois Delattre stated his support for the US-drafted resolution ahead of Monday's vote.
Pyongyang rejected a UN Security Council resolution to slap sanctions on North Korea following its sixth nuclear test and ramped up tensions with its latest threat sparking fears World War 3 could break out.
Some British officials warned, in private, that if the original USA proposal went forward, this winter the North Koreans would be showing photographs of freezing children, and portraying the West as architects of a genocide.
After sparking global alarm with a series of missile launches and its sixth nuclear test, Pyongyang continues to infuriate the US, Japan and South Korea.
The test sent powerful tremors across the region, suggesting the device used was the most powerful the nation has ever tested. Peru's envoy, Maria Antonia Masana Garcia, said North Korea's ambassador to her country would be considered persona non grata. It is still unclear how far along the road to a hydrogen bomb the country has gone.
Aside from Baranov's ferry, and the occasional Air Koryo flight to Pyongyang, the only other link between the two countries is an irregular train which runs from Pyongyang to the town of Khasan, 76 miles (120 km) south of Vladivostok on the Tumen River near the border with North Korea.