(VOVworld) – The UN Security Council will vote on Wednesday on a US-led resolution which aims to impose fresh sanctions against the Democratic People’s Republic of Korea (DPRK) in response to its 5^th nuclear test in September.

South Korean soldiers watch a TV broadcast on the DPRK's nuclear test (Photo: Reuters)

An unnamed US official said on Monday that the new resolution would slash the DPRK’s coal-export revenue by 60%, equivalent to 700 million USD. Fresh sanctions will restrict Pyongyang’s access to hard currency which it may use for the production of ballistic missiles and nuclear weapons. All 5 permanent members of the Council agreed to the new punishment.