U.S. envoy raises prospect of U.S. compromise in North Korea talksThe Saigon Times Daily U.S. President Donald Trump speaks as he prepares to sign an Executive Order during a meeting with manufacturers in the Oval Office of the White House in Washington, U.S., January 31, 2019 – PHOTO: REUTERS WASHINGTON (REUTERS) - Washington is willing to discuss “many actions” to improve ties and entice Pyongyang to give up nuclear weapons, the U.S. special envoy for North Korea said on Thursday, but set out an extensive list of demands for the North, including a full disclosure of its weapons program. In a speech at Stanford University in Palo Alto, California, envoy Stephen Biegun did not elaborate on what concessions the United States might make, but said the “corresponding measures” demanded by North Korea would be the subject of talks next week. Biegun will arrive in Seoul on Sunday for meetings with South Korean officials, before holding talks with North … [Read more...] about U.S. envoy raises prospect of U.S. compromise in North Korea talks
Invest in north korea
Donald Trump dangled the carrot of foreign investment in front of North Korean leader Kim Jong Un at their nuclear summit, but analysts say few will want to put money into one of the highest-risk business environments in the world. The U.S. president showed Kim a movie of bright lights, high-speed trains and soaring tower blocks - pitching a future that could be possible if Pyongyang gives up its weapons. Optimists say that with mineral wealth, cheap labour, and a helpful geographical location, the North has huge potential. But the history of overseas firms who have tried to set up operations in the isolated, impoverished country is a long and sorry one. Rules that can change on a whim, bills that are never paid, and the threat of expropriation hang over foreigners who step into the wildest of wild east investment destinations. For now, dozens of restrictions apply under the various sanctions regimes imposed on the North over its nuclear ambitions. Joint ventures are banned by the U.N. … [Read more...] about Invest in North Korea: money pit or golden opportunity?
North Korea has made considerable progress this year on weapons technology, including testing a submarine-launched missile for the first time, but it's still not clear if the isolated nation has developed a nuclear warhead. It also does not yet have a fleet of submarines that can launch the newly developed missile. Nevertheless, concerns about the threat posed by North Korea have spiraled since it conducted its fourth nuclear explosion in January and followed it up with a series of missile tests despite severe United Nations sanctions. Also, three major factories known to produce machine parts for North Korea's sanctioned nuclear and missile programs have been modernized or expanded, according to analysis of recent satellite imagery seen by Reuters, a further sign of its commitment of scarce resources to weapons. (For graphic, click here) "North Korea has dramatically increased the pace of missile testing and invested heavily in modernizing its factories that produce them, something we … [Read more...] about North Korea makes progress on missiles, but no evidence of nuclear weapons yet
The Hanoitimes - On October 26, in Hanoi, Minister of Industry and Trade Vu Huy Hoang held talks with a delegation of economic government of the People`s Democratic Republic of Korea, led by Minister of Foreign Economic Relations of Korea Ri Ryong Nam. At the meeting, the two ministers agreed to task working groups to study and exchange to find out the possible solution for promoting multifaceted cooperation, including economic cooperation, trade and investment as key factors. According to Minister Vu Huy Hoang, Vietnam-Korea economic cooperation and trade remains limited due to the difficulties encountered as the solvency of the Korean enterprise, transportation and close management policies for the Korean information, that makes the two countries cannot exploit each other's markets. Minister Ri Ryong Nam said that the trip to Vietnam this time to concretize the content was discussed earlier in the mission of the delegation of Korean Ministry of Industry and Trade. Thus, both … [Read more...] about Promoting economic cooperation, trade between Vietnam and North Korea
Matthew Todd Miller sits in a witness box during his trial at the North Korean Supreme Court in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang September 14, 2014. … [Read more...] about American begins sentence of farm work and isolation in North Korea: reports