Kim Jong-un Assets Just Now Being Targeted by US?

Kim Jong-un's assets are being targeted by the U.S. in a proposed new round of sanctions against North Korea through the United Nations that would also include an oil ban, the BBC News reported on Thursday.

The U.S. draft resolution, which was given to U.N. Security Council members, would freeze Kim's assets along with those of the North Korean government, as well as banning him and other senior officials from traveling, per the BBC News.

The proposed resolution would suggest a total ban on supplying a range of oil products to North Korea and halt its textile export industry. North Korean workers would also be banned from employment overseas, principally in Russia's Far East and China.

Foreign earnings from those workers and textile exports are two of the most important remaining sources of income for North Korea, the BBC said.

China and Russia, which both have veto power on the U.N. council, are expected oppose new sanctions, the broadcaster stated.

Russian President Vladimir Putin said in a meeting with South Korea's Moon Jae-in at an economic summit conference in the eastern Russian city of Vladivostok that he opposed cutting off oil supplies to North Korea in response to the country's latest nuclear test, The New York Times reported.

In a sideline meeting at the summit, Moon reportedly asked Putin to support new sanctions, the Times said.

"Without political and diplomatic tools, it is impossible to make headway in the current situation; to be more precise, it is impossible," Putin said during a joint news conference with Moon, per the Times reported.

While acknowledging North Korea's nuclear test this month was a violation of past U.N. resolutions, Putin said that "we should not act out of emotions and push North Korea into a dead end. We must act with calm and avoid steps that could raise tensions," per the Times.

Wang Yi, China's foreign minister, told reporters on Thursday that "sanctions and pressure are only half of the key to resolving the issue. The other half is dialogue and negotiation," per the BBC News.

China and Russia have both asked for the U.S. and South Korea end its annual joint military drills and stop the deployment of America's anti-missile THAAD system to South Korea in exchange for North Korea ending its nuclear and missile program, the BBC News said.

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