11.09.2017 - 19:30 [ CNBC ]

Will China and Russia support oil sanctions on North Korea? Experts are skeptical

Choi Kang, vice president of research and principal fellow at The Asan Institute for Policy Studies, told CNBC‘s „Squawk Box“ on Monday that the oil embargo likely wouldn‘t be included in the final draft of the resolution due to resistance from China and Russia.

If an oil embargo does not materialize, North Korea will likely think whatever it does, „‚China (and Russia) will be on our side. We can do all the way.‘ Maybe the next step will be an ICBM (intercontinental ballistic missile) test with a nuclear warhead,“ Choi added.