Singapore cuts trade ties with NoKo

Singapore has suspended all trade with North Korea, a customs notice showed, as the UN and US seek ever tougher measures against the state.

Singapore Customs said commercially traded goods from or to the North were banned from 8 November. Offenders may be fined or jailed for up to two years.

It comes as UN sanctions were imposed after North Korea's sixth nuclear test. Singapore was its eighth biggest trading partner in 2016, but that only made up 0.2% of the North's trade. The vast majority of North Korea's trade is conducted with China, Pyongyang's biggest economic supporter.

The latest round of UN sanctions targeted several firms and individuals, including two businesses in Singapore.

In January 2016, a Singapore firm was fined $125,700 for facilitating a shipment of arms from Cuba to North Korea after a court found the Chinpo Shipping Company was in breach of the UN sanctions on North Korea.

UCJ, UNILORIN.