Abiding by the Security Council's latest sanctions against Pyongyang, China on Tuesday said that it is banning import of gold and rare earthen material from North Korea.

Beijing simultaneously announced that it will stop exporting jet fuel and other oil products and also ban coal shipments from North korea.

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In March, the United Nations passed a wide range of sanctions against North Korea, with the primary aim of squeezing funds to prevent the country from financing its controversial nuclear and ballistic missile programs.

The sanctions were passed after Pyongyang executed its fourth nuclear test in January, which was followed with a rocket launch just a week later.

Experts believe that the latest ban imposed by the Chinese government will certainly have an impact on North Korea. Ban on import of gold and rare earthen materials may curtail North Korea's military expenditure as Pyongyang uses revenue from the mining sector to underwrite its military expenses.

However, China has added that the latest bans are inclusive of exemptions, which will be applicable during "humanitarian crisis" or on any activities not connected to Pyongyang's controversial nuclear and missile program.

China is North Korea's closest ally and also its largest trading partner. The international community has often accused China of not abiding by the Security Council's sanctions in true spirit.

However, after imposition of latest sanctions on North Korea in March, China said it will enforce the sanctions "conscientiously."

Several foreign experts claim that this time China may impose sanctions with more seriousness, as relationship between Beijing and Pyongyang have been strained over the years.

TagsNorth Korea, North Korea Sanctions, North Korea Nuclear Missle Program, North korea and China