First, we will implement new country-specific sanctions aimed at North Korea's sale and procurement of arms and related material, and the procurement of luxury goods and other illicit activities. These new measures will strengthen our enforcement UN Security Council resolutions 1718 and 1874. And they also provide new authorities to target illicit North Korean activities.
North Korea can halt its provocative behaviour, its threats and belligerence toward its neighbours, take irreversible steps to fulfil its denuclearisation commitments, and comply with international law. If North Korea chooses that path, sanctions will be lifted, energy and other economic assistance will be provided, its relations with the United States will be normalised, and the current armistice on the peninsula will be replaced by a permanent peace agreement.
