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The United Nations Security Council on Monday voted to adopt a US-drafted resolution aimed at imposing fresh sanctions on North Korea in the wake of their latest and biggest nuclear test ever.

The Security Council unanimously agreed to impose fresh sanctions on North Korea with the aim of inviting them back to the negotiation table.

The new sanctions are mostly centred around a textile trade ban which would result in the loss of over $1 billion in revenue to the Korean government.

US Ambassador to the UN Nikki Haley has however claimed that these sanctions are not aimed at starting a war with North Korea.

Nikki haley believes that North Korea has not reached a point of no return and that there can still be a diplomatic way out of the crisis.

"If it agrees to stop its nuclear programme, it can reclaim its future. If it proves it can live in peace, the world will live in peace with it," she told the UN Security Council after the adoption of new sanctions.

"Today's resolution would not have happened without the strong relationship that has developed between President [Donald] Trump and Chinese President Xi."

The bans on textile exports and overseas workers alone would starve the Pyongyang of at least $1.3bn in annual revenues - an estimated $800 million and $500 million respectively.

Meanwhile, U.S. President Donald Trump has vowed not to allow North Korea develop any missile system or weapons that can be deployed to mainland U.S.A.