Pompeo: US to lift sanctions if North Korea dismantles nuclear weapons program

Posted May 16, 2018

South Korean companies are exploring ways to invest in North Korea should the country relinquish is nuclear weapons, as Washington signals United States firms may also fund projects in the future.

The June 12 meeting between tough-talking President Donald Trump and North Korean leader Kim Jong Un, a brash young ruler with a nuclear arsenal, brings a bombastic set of personalities to the small island nation, which has hosted plenty of important meetings, but nothing as big as this.

The first-ever summit between North Korea and the United States is being talked up as "historic", with Trump hailing it as a possible game changer for North Korea and the world.

The delegation led by the person visited Zhongguancun in Beijing, which is known as "China's Silicon Valley", the source said, adding North Korea and China may be trying to bolster their economic exchanges. We have also seen the meeting between the presidents of North and South Korea. Pompeo went on to define the administration's goal toward North Korea in very narrow terms indeed.

KBS reports that Ryu Myong-son, deputy director of worldwide relations of the Central Committee of the ruling Workers' Party of Korea (WPK), arrived in Beijing on an Air Koryo plane on Monday morning, along with Kim Nung-o, head of the party's North Pyongan Central Committee, and Kim Su-gil, chief secretary of the Pyongyang WPK City Committee.

"I think Chairman Kim understands that". And yet, we know that for peace and prosperity on the Korean Peninsula, the "politics of success" is not only the best road ahead, but also the only option left.

"Barring a catastrophic error by Kim, what he has created with his first summits makes it impossible to return to the maximum pressure policy", Joseph DeThomas, a former US Deputy Assistant Secretary of State for Nonproliferation, wrote last week for 38 North.

Kennedy said USA and South Korean diplomacy might be pushing Kim Jong Un to reduce his country's isolation.

Mr. Trump has seized the opportunity afforded by the summit, an unprecedented feat for any USA leader, to project himself as the archetypal peacemaker.

The Chinese regime has always been North Korea's biggest trading partner, providing food, energy resources, and other supplies to the North.

Trump will welcome United Nations Secretary-General António Guterres to the White House on May 18, 2018.

"If we get denuclearization, of course, there will be sanctions relief, certainly".

Another official indicated the exact location of such secret uranium enrichment facilities is a closely guarded secret and not confirmed, but there is a high likelihood of one being located underground near the Panghyon Airfield in Kusong, a city in North Pyongan Province, or in some other location in the province.

The meeting will focus on plans to implement a declaration that emerged from an April 27 inter-Korea summit, including promises to formally end the Koran War and pursue "complete denuclearisation", the South's unification ministry, which handles ties with the North, said on Tuesday.

Despite Beijing-Washington trade frictions, Trump considers Xi "a friend" and has discussed the Korean peninsula with him during bilateral meetings - to the point of being lectured by Xi on Sino-Korean relations over dinner.

After it was revealed that Iran had lied about the extent of its nuclear weapons program, Trump had little choice but to terminate the agreement.