Singapore condemns North Korea's ballistic missile test
Singapore condemns North Korea's ballistic missile test
World condemns N Korea's missile launch
17 September, 2017, 09:55
The missile launch came just days after the United Nations Security Council stepped up sanctions against North Korea over its latest nuclear test. Analysts said markets had been expecting a reaction from Pyongyang.
In a press statement released on Friday, the 15 council members urged all United Nations member states to "fully, comprehensively and immediately" implement all relevant Security Council resolutions concerning North Korea, particularly the newly adopted Resolution 2375, which targeted North Korea's oil supply and textile exports, Xinhua news agency reported.
"The Secretary-General calls on the DPRK leadership to cease further testing, comply with the relevant Security Council resolutions, and allow space to explore the resumption of honest dialogue on denuclearization", said Dujarric.
Moon denounced the North Korean launch, which took place Friday morning, local time.
Turkey condemned the latest the ballistic missile launch, saying that it would lead to further deteriorate the worldwide security. They hit a five-month high of $55.99 on Thursday. He stressed that existing sanctions must be implemented comprehensively, fully and immediately. It turns out that Seoul had launched two Hunmoo-2 missiles in response to the DPRK's test.
The test "has demonstrated yet again the DPRK's blatant disregard of the grave concerns of the worldwide community", the Ministry of Foreign Affairs (MFA) said in a statement.
He called on other countries to take new measures against Pyongyang, saying the United Nations resolutions were "the floor, not the ceiling, of the actions we should take". "Our firmness today is our best antidote to the risk of war, to the risk of confrontation".
Russian Ambassador Vassily Nebenzia also warned that there is no alternative to a peaceful solution. He stress the importance of a political solution provided for in Resolution 2375. "North Korea continues to pose a threat to global security and stability and must choose to stop isolating itself and stand down its illegal programs".
"The fact that we've had the missile event means that short-term speculative traders can now refocus on the macro", said MUFG's head of macro strategy in London, Derek Halpenny.
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The GOM meeting will be held every 15 days, mostly in Bengaluru , with the next meeting scheduled in the first week of October. Adhia said that there are difficulties but the attempt has been to find a solution to alleviate problems of people.
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