Tag: North Korea

  • US sanctions Russian bank over North Korea transaction

    US sanctions Russian bank over North Korea transaction

    The United States Treasury on Friday sanctioned Russia’s Agrosoyuz Commercial Bank for allegedly facilitating a financial transaction on behalf of a North Korean official involved in the country’s nuclear programme.

    “Today’s action targets a Russian bank for knowingly facilitating a significant transaction on behalf of an individual designated for weapons of mass destruction-related activities in connection with North Korea,” a statement said.

    Any property of the bank is blocked and US persons cannot do transactions with the institution.

    The US also put in place measures against a facilitator for a North Korean bank and two front companies for that institution, the Foreign Trade Bank, which the Treasury said is the main foreign exchange bank of Pyongyang.

    The move comes even as US President Donald Trump continues to laud his efforts to negotiate a nuclear-disarmament deal with North Korea and regularly points to his relationship with that country’s dictator, Kim Jong-Un.

    This week, North Korea returned the remains of US servicemen killed in the Korean War.

    (NAN)

  • Kim Jong-un blasts delays in North Korean economic projects

    Kim Jong-un blasts delays in North Korean economic projects

    North Korean leader Kim Jong-un has launched an unusual barrage of criticism at officials over delays in completing economic projects.

    The country’s leaders usually praise officials during factory visits.

    But this time state media said he was “speechless” a power plant was only 70% complete and “appalled” by hot-spring bathtubs “dirtier than fish tanks”.

    Pyongyang has long pushed for economic progress as the secondary aim alongside developing nuclear arms.

    Mr Kim’s latest inspection tour took him to four sites in North Hamgyong province, bordering China.

    At Orangchon power station, he complained that only 70% of the facility had been completed, 17 years after construction began.

    At a hotel in the city of Yombunjin, he noted that six years into the construction project, plastering was still not finished.

    Visiting the Onpho holiday resort, he pointed out bathtubs that were “dirty, gloomy and unsanitary”, state-run KCNA news agency reported.

    After visiting a bag factory, he said the provincial party committee was “working in a perfunctory manner”.

    After visiting a bag factory, he said the provincial party committee was “working in a perfunctory manner”.

    BBC

  • First meeting indeed the start of a meaningful journey, Kim Jong Un writes Trump

    First meeting indeed the start of a meaningful journey, Kim Jong Un writes Trump

    North Korea leader, Kim Jong Un wrote to Donald Trump over the successful summit held in Singapore and appreciating the American leader for his cooperation on the improvement of relations between the two countries.

    Donald Trump took to his twitter page to acknowledge the letter saying “A very nice note from Chairman Kim of North Korea. Great progress being made!”

    Kim Jong Un letter reads, ‘ The significant first meeting with Your Excellency and the joint statement that we signed together in Singapore 24 days ago was indeed the start of a meaningful journey.

    ‘I deeply appreciate the energetic and extraordinary efforts made by Your Excellency Mr. President for the improvement of relations between the two countries and the faithful implementation of the joint statement’.

    ‘I firmly believe that the strong will, sincere efforts and unique approach of myself and Your Excellency Mr. President aimed at opening up a new future between the DPRK and the U.S. will surely come to fruition’.

    ‘Wishing that the available trust and confidence in Your Excellency Mr. President will be further strengthened in the future process of taking practical actions, I extend my conviction that the epochal progress in promoting the DPRK-U.S. relations will bring our next meeting forward’.

     

  • Trump says summit with North Korea can still hold

    U.S. President Donald Trump said that the much anticipated meeting with North Korean leader Kim Jong-Un could still go ahead on June 12.

    Trump told reporters at the White House: “We’re going to see what happens. It could even be the 12th”, referring to the original date set for the meeting in Singapore.

    “We’re talking to them now. They very much want to do it. We’d like to do it. We’ll see what happens.”

    In a tweet later, the president welcomed North Korea’s latest statement on the talks as “very good news,” following Trump’s announcement on Thursday cancelling the meeting.

    Trump, also tweeted: “Very good news to receive the warm and productive statement from North Korea. We will soon see where it will lead, hopefully to long and enduring prosperity and peace. Only time (and talent) will tell!”

    Trump had cancelled the planned summit with Kim, citing the “tremendous anger and open hostility” in a recent statement from North Korea.

    It came on a day that North Korea dismantled its nuclear bomb testing site, in the presence of some invited journalists

    Trump said in a letter to Kim released on Thursday by the White House that based on the statement, he felt it was “inappropriate, at this time, to have this long-planned meeting.”

    The president said the North Koreans talk about their nuclear capabilities, “but ours are so massive and powerful that I pray to God they will never have to be used.”

    In a statement released by North Korean media on Thursday, Vice Foreign Minister Choe Son Hui had called U.S. Vice President Mike Pence a “political dummy” for comparing North Korea – a “nuclear weapons state” – to Libya, where Gaddafi gave up his unfinished nuclear development programme, only to be later killed by NATO-backed fighters.

    “It is to be underlined, however, that in order not to follow in Libya’s footstep, we paid a heavy price to build up our powerful and reliable strength that can defend ourselves and safeguard peace and security in the Korean peninsula and the region.

    “We will neither beg the U.S. for dialogue nor take the trouble to persuade them if they do not want to sit together with us,” Choe said.

    However, a top North Korean official issued a statement on Friday, expressing the regime’s “willingness” to sit down for a summit with the U.S. administration.

    “We express our willingness to sit down face-to-face with the U.S. and resolve issues anytime and in any format,” North Korean Vice Foreign Minister Kim Kye-gwan said.

    “Our commitment to doing our best for the sake of peace and stability for the world and the Korean Peninsula remains unchanged, and we are open-minded in giving time and opportunity to the U.S.,” he said.

  • Trump cancels meeting with North Korean leader, Kim Jong Un

    U.S. President Donald Trump on Thursday called off his planned June 12 summit meeting with North Korean leader Kim Jong Un in a letter released by the White House.

    Referring to a scheduled June 12 meeting with Kim in Singapore, Trump said in a letter to the North Korean leader:

    “Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it would be inappropriate, at this time, to have this long-planned meeting.”

    Trump called it “a missed opportunity” and said he still hoped to meet Kim someday.

    The North Korean mission to the UN did not immediately respond to a request for comment on Trump’s cancellation of the summit.

    U.S. stocks dropped sharply on the news, with the benchmark S&P 500 Index falling more than half a percent in about 10 minutes. Investors turned to U.S. Treasury debt as a safe alternative, driving the yield on the 10-year note, which moves inversely to its price, down to a 10-day low and back below the psychologically important 3 percent level.

    The U.S. dollar also weakened broadly, particularly against the Japanese yen, which climbed to a two-week high against the greenback.

    “Please let this letter serve to represent that the Singapore summit, for the good of both parties, but to the detriment of the world, will not take place,” Trump wrote.

    “You talk about your nuclear capabilities, but ours are so massive and powerful that I pray to God that they will never have to be used,” he said.

    Earlier on Thursday, North Korea repeated a threat to pull out of the summit with Trump next month and warned it was prepared for a nuclear showdown with Washington if necessary.

    North Korea’s pursuit of nuclear weapons has been a source of tension on the Korean peninsula for decades, as well as antagonism with Washington.

    The rhetoric reached new heights under Trump as he mocked Kim as “little rocket man” and in address at the UN threatened to “totally destroy” North Korea if necessary.

    Kim had called Trump mentally deranged and threatened to “tame” him with fire.

    Kim rarely leaves North Korea and his willingness to meet and Trump’s acceptance sparked hope but it had faded in recent days.

    In a statement released by North Korean media, Vice Foreign Minister Choe Son Hui had called U.S. Vice President Mike Pence a “political dummy” for comparing North Korea – a “nuclear weapons state” – to Libya, where Muammar Gaddafi gave up his unfinished nuclear development programme, only to be later killed by NATO-backed fighters.

    “Whether the U.S. will meet us at a meeting room or encounter us at nuclear-to-nuclear showdown is entirely dependent upon the decision and behaviour of the United States,” Choe said.

    A small group of international media selected by North Korea witnessed the demolition of tunnels at the Punggye-ri site on Thursday, which Pyongyang says is proof of its commitment to end nuclear testing.

    The apparent destruction of what North Korea says is its only nuclear test site has been widely welcomed as a positive, if largely symbolic, step toward resolving tension over its weapons.

    North Korean leader Kim has declared his nuclear force complete, amid speculation the site was obsolete anyway.

    Cancellation of what would have been the first ever summit between a serving U.S president and a North Korean leader denies Trump what supporters hoped could have been the biggest diplomatic achievement of his presidency, and one worthy of a Nobel Prize.

    “I felt a wonderful dialogue was building between you and me, and ultimately it is only that dialogue that matters,” Trump said in his letter to Kim.

    “Some day, I look very much forward to meeting you.”

  • Trump cancels summit with North Korean leader

    US President Donald Trump cancelled next month’s summit with North Korean leader Kim Jong Un on Thursday, citing “tremendous anger and open hostility” in recent statements from Pyongyang.

    In a letter addressed to Kim, Trump said it would be “inappropriate, at this time, to have this long-planned meeting,” which was set for June 12 in Singapore.

    “I was very much looking forward to being there with you,” Trump wrote in the letter.

    Earlier, a senior North Korean official had said it was up to Washington to choose between talks and confrontation.

    “Whether the US will meet us at a meeting room or encounter us at nuclear-to-nuclear showdown is entirely dependent upon the decision and behaviour of the United States,” Vice Foreign Minister Choe Son Hui said according to a statement published by North Korean state news agency KCNA.

    The cancellation of the summit was “for the good of both parties, but to the detriment of the world,” Trump told Kim.

    “You talk about your nuclear capabilities, but ours are so massive and powerful that I pray to God they will never have to be used.”

    The White House’s release of the Trump’s letter followed North Korea’s announcement earlier Thursday that it had destroyed its only known nuclear test site.

    In what was seen as a symbolic step toward denuclearization, reporters from South Korea, the US, China, Russia and Britain were allowed to witness multiple explosions on the site in the remote north-eastern area of Punggye-ri.

    International nuclear experts have not been invited to inspect the Punggye-ri weapons test site, a spokeswoman of the Comprehensive Nuclear-Test-Ban Treaty Organization said in Vienna.

    “There has been no formal invitation so far,” she told dpa shortly after the reported detonation of the facilities.

    Lassina Zerbo, executive secretary of the organization, said: “I see no other way we can get an agreement to close irreversibly the nuclear weapon test site of [North Korea] without involving the Comprehensive Test Ban Treaty.”

    Trump held out the possibility to Kim of resetting the summit.

    “If you change your mind having to do with this most important summit, please do not hesitate to call me or write,” he said. “The world, and North Korea in particular, has lost a great opportunity for lasting peace and great prosperity and wealth.”

    Trump thanked Kim for the “beautiful gesture” of releasing three US citizens detained by Pyongyang, and wrote that “Some day, I look very much forward to meeting you.”

    “I felt a wonderful dialogue was building up between you and me, and ultimately, it is only that dialogue that matters.”

    The cancellation was “truly a sad moment in history,” Trump said.

    At Punggye-ri in the mountainous north, used for underground tests since 2009, officials used explosives to first destroy an underground tunnel, South Korean journalists reported.

    Hours later, several explosions were noted by the international journalists as two additional tunnels, barracks, observation towers and other facilities on the ground were destroyed, Yonhap reported.

    “[We] expect it to serve as a chance for complete denuclearization going forward,” Noh Kyu-duk, spokesman for South Korea’s Ministry of Foreign Affairs, was quoted as saying.

    The pledge to destroy the site came after an April 27 summit between the two Koreas, during which Kim and South Korean President Moon Jae In agreed to work toward a permanent peace treaty and the elimination of nuclear weapons on the peninsula.

    North Korea’s nuclear ambitions and missile research have been a source of international tension for decades.

    dpa
  • North Korea to shut down nuclear test site ahead of Trump-Kim summit

    North Korea to shut down nuclear test site ahead of Trump-Kim summit

    North Korea said Saturday that it plans to dismantle its nuclear test site during a ceremony attended by international media between May 23 and 25, the state-run KCNA news agency reported.

    North Korea’s Ministry of Foreign Affairs said that in order “to ensure transparency,” international journalists would be allowed to attend the event, according to the report.

    The event is scheduled to take place ahead of unprecedented talks between US President Donald Trump and North Korean leader Kim Jong Un on June 12.

    Trump thanked North Korea on Twitter, describing the move to dismantle the Punggye-ri site in the country’s north as a “very smart and gracious gesture.”

    Officials say that the site’s tunnels will be collapsed with explosions, access will be blocked off, and guards and research staff ordered to leave.

    The ministry said it would also organize a special charter train for journalists to access the remote mountainous area where the nuclear test site is located, according to the report.

    The announcement came hours after US Secretary of State Mike Pompeo said the United States hoped that North Korea could become a “close partner” after he visited Pyongyang to finalize the details of the Trump-Kim summit in Singapore.

    The summit will mark the first time a sitting US president holds talks with a North Korean leader.

    Pompeo also said that if North Korea took “bold action to quickly denuclearize,” the US was prepared to “work with North Korea to achieve prosperity on the par with our South Korean friends.”

    A nuclear-free Korean peninsula and an official end to the 1950-53 Korean War were among the goals set in an April 27 summit between South Korean President Moon Jae In and Kim at their nations’ border.

    dpa

  • Trump-Kim Summit: Historic meeting set for June 12 in Singapore

    US President Donald Trump on Thursday revealed his historic summit with North Korean leader Kim Jong Un will take place in Singapore on June 12.

    The location and date of the landmark meeting — the first ever between a sitting US president and a North Korean leader — were announced by presidential tweet just hours after North Korea released three American prisoners.

    US officials said their freedom removed the last major obstacle, providing Trump with tangible evidence that his twin-track policy of engagement and “maximum pressure” was working.

    “We will both try to make it a very special moment for World Peace!” Trump wrote.

    Technically the United States and North Korea are still at war — a stop-gap armistice ended the brutal three-year war between the two countries in 1953 and around 30,000 US troops remain in neighboring South Korea.

    Neutral Singapore has long acted as a bridge between the United States and China, with successive prime ministers offering Oval Office occupants cherished geopolitical counsel.

    When Trump and Kim sit down in the sweltering Southeast Asian city-state, the two relatively new and untested leaders face a nuclear puzzle that has eluded seasoned diplomats for decades.

    A series of US administrations have sent envoys, both official and unofficial, to Pyongyang in the hope of stopping North Korea’s provocative nuclear weapons program.

    Former presidents Bill Clinton and Jimmy Carter visited after leaving office, non-proliferation talks have repeatedly taken place and a deal was even signed in 1994.

    But despite the optimism of that moment, all efforts to limit North Korea’s nuclear program have, to date, failed. And more than two decades and multiple provocative weapons tests after the last accord, the threat from North Korea has only grown.

    The country is now believed to be on the cusp of developing an intercontinental ballistic missile that could deliver a nuclear warhead to the continental United States.

    Trump has vowed that he will not let that happen and has demanded that North Korea give up its nukes.

    – ‘Cautious optimism’ –

    So far the North Korean regime has made vague pledges to “denuclearize” but not said spelled out what that means, when it would happen or how it would be implemented.

    In North Korea’s bombastic rhetoric, “denuclearization” has, for years, been a by-word for US troop withdrawals from South Korea and an excuse for stalling.

    The regime’s hardliners are believed to see possession of nuclear weapons as the only guarantee against US-led efforts to topple the regime.

    But Trump’s high profile meeting offers a glimmer of hope of a breakthrough, according to Republican Senator Cory Gardner, who discussed preparations for the summit with Trump at the White House on Wednesday.

    “This is a moment for cautious optimism,” he told AFP. “The president understands that there is a historic opportunity to achieve what the world has been unable to achieve for decades.”

    At the same time, Gardner said, Trump’s eyes were wide open about the risks of failure and the need to be clear that denuclearization means abandoning nuclear weapons.

    “As of last night there was no nuance in terms of denuclearization,” he said.

    But before any technical talk about reprocessed fuel rods, separated plutonium or spent fuel removal, Trump will want to answer one basic question — whether North Korea wants to change.

    “This is the key test,” said Gardner. “I think that if Kim Jong Un wants to find relief from ‘maximum pressure’ and be welcomed back to the table of recognized global leadership, it’s the only path he has.”

    Since the foundation of North Korea in 1948, the country has endured war and struggled to balance Soviet and Chinese rivalries.

    Decades of financial stagnation, international sanctions, mass starvation and industrial scale human rights abuses followed.

    “The road we have been down is well traveled and it’s never ended well. So I hope this time is different,” said Gardner.

    AFP

  • BREAKING: Trump receives three Americans freed by North Korea

    BREAKING: Trump receives three Americans freed by North Korea

    President Donald Trump on Thursday welcomed three Americans freed from North Korea back to the United States soil.

    Kim Dong Chul, Kim Hak-Song and Tony Kim arrived at Joint Base Andrews military airfield in Washington at about 7:42 a.m. Nigerian time on a U.S. military medical plane.

    They arrived shortly after Mike Pompeo, the U.S. Secretary of State who secured their release from North Korea on Wednesday, arrived on a separate plane.

    The men were seized from 2015 to 2017 and accused of several offenses that they allegedly contravened North Korean laws and sentenced to several years’ imprisonment with hard labour. But they had all traveled on humanitarian missions.

    Mr Trump announced their release in a Twitter update Wednesday, saying: “I am pleased to inform you that Secretary of State Mike Pompeo is in the air and on his way back from North Korea with the 3 wonderful gentlemen that everyone is looking so forward to meeting. They seem to be in good health.”

    The development comes as Mr Trump prepares to meet Kim Jong-un, the North Korean leader, in an ongoing effort to end the decades-old acrimony between North and South Korea. The venue of the historic meeting is currently still being weighed by Mr Trump, the American president said on Wednesday.

  • Release of U.S. prisoners ‘positive’ for upcoming Trump-Kim summit – S.Korea

    South Korea’s presidential Blue House welcomed the release of American prisoners from North Korea on Wednesday, saying the move would have a “positive effect” for upcoming talks between North Korea’s leader Kim Jong Un and U.S. President Donald Trump.

    Blue House spokesperson Yoon Young-chan also called on Pyongyang to release six South Korean detainees.

    “In order to reinforce reconciliation between South Korea and North Korea and to spread peace on the Korean peninsula, we wish for a swift repatriation of South Korean detainees,” Yoon said in a statement.

    The three U.S. detainees being held are Korean-American missionary Kim Dong-chul; Kim Sang-duk, also known as Tony Kim, who spent a month teaching at the foreign-funded Pyongyang University of Science and Technology (PUST) before he was arrested in 2017; and Kim Hak-song, who also taught at PUST.

    Until now, the only American released by North Korea during Trump’s presidency has been Otto Warmbier, a 22—year-old university student who returned to the U.S. in a coma last summer after 17 months of captivity and died days later.

    Warmbier’s death escalated U.S.-North Korea tension, already running high at the time over Pyongyang’s stepped-up missile tests.

    North Korea reminded the United States on Wednesday there was still tension between them, warning it against “making words and acts that may destroy the hard-won atmosphere of dialogue”, the North’s state media said.

    “The U.S. is persistently clinging to the hostile policy toward the DPRK, misleading the public opinion.

    “Such behaviour may result in endangering the security of its own country,” it added, referring to the North’s official name, the Democratic People’s Republic of Korea.

    Pompeo’s visit comes a day after Kim Jong Un made his second trip to China in less than two months, meeting President Xi Jinping and discussing the international talks over North Korea’s nuclear weapons and ballistic missile programmes.

    During the visit, announced only after it was over, Kim told Xi he hoped relevant parties would take “phased” and “synchronized” measures to realise denuclearisation and lasting peace on the peninsula, according to Chinese state media.

    Separately, Trump and Xi discussed developments on the Korean peninsula and Kim’s visit to China during a phone call on Tuesday morning, the White House said.

    Reuters