"We define this "sanctions resolution" rigged up by the U.S. and its followers as a grave infringement upon the sovereignty of our Republic, as an act of war violating peace and stability in the Korean peninsula and the region and categorically reject the "resolution", North Korea's foreign ministry said in a statement.
The United Nations Security Council has unanimously passed tough new sanctions on North Korea.
The sanctions also order the repatriation of North Korean workers sent overseas to earn much needed revenue for Kim Jong-Un's regime. After the latest missile test by North Korea at the end of last month, the USA intensified its pressure on Beijing.
Tension has been rising over North Korea's nuclear and missile programmes, which it pursues in defiance of years of resolutions. Citing unnamed sources, the daily said there was a dramatic step-up in preparations for a military response to North Korea's missile tests. "Isolation and pressure must give way to dialogue and talks".
The resolution adopted by all 15 council members didn't go as far as the toughest-ever sanctions that have been sought by the Trump administration, such as prohibiting all oil imports and freezing worldwide assets of North Korea's government and its leader, Kim Jong Un. China's ambassador warned against "tough posturing and confrontation".
GETTY HWASONG-15 North Korea has tested dozens of missiles in 2017
"In searching for the recognition of its status as a de facto nuclear-possessing state, (the North) would explore the possibility of negotiations with the U.S". Exports totaled $287.84 million in November, up from $244.2 million in October.
On Nov. 29, North Korea declared the completion of its "state nuclear force" following the launch of an ICBM that flew to an altitude of 4,475 kilometers, a distance regarded as more than sufficient to reach any part of the continental United States if launched on a standard angle instead of its steep "lofted" trajectory. The threat from Pyongyang has come under increased focus in 2017, as North Korean leader Kim Jong Un presided over significant advancements in the country's long-range missile and nuclear weapons program.
The announcement comes on the heels of growing calls for South Korea's armed forces to establish a so-called "control tower" dedicated to exclusively handling North Korea affairs.
"If you think that those toothless "sanctions" could stop the victorious march of our people who have. achieved the historic goal of building the national nuclear weapons, there would not be a bigger mistake than that", the foreign ministry said.