North Korea Says U.S. Nukes Must Also Go for Regime to Disarm
(Bloomberg) -- North Korean state media said removal of the U.S.'s nuclear weapons from the region was a condition of its own disarmament, raising the stakes for President Donald Trump's efforts to hold a second summit with Kim Jong Un.
A commentary published Thursday by the state-run Korean Central News Agency said the two leaders agreed in June to work toward the “denuclearization of the Korean Peninsula,” not only North Korea, as U.S. officials often assert. The piece was the clearest sign yet of differences over the term, which was not defined in the 1-1/2-page statement signed by Trump and Kim in Singapore in June.
Read more: Why U.S.-North Korea Nuclear Talks Have Stalled
“When we say ‘the Korean Peninsula,' we mean the entire peninsula that includes our territory and the South Korean region where U.S. invasionary weaponry stands,” the commentary said. “When we say ‘denuclearization of the Korean Peninsula,' it means that all factors that hold a nuclear threat for all regions surrounding the Korean Peninsula are removed, not just within North and South Koreas. The U.S. must clearly know this.”
The piece also urged the U.S. to relax economic sanctions against the regime, saying it would be a show of good faith. “Measures, such as an end to the hostile policy toward North Korea and the lifting of unfair sanctions, are things the U.S. can do without lifting a finger, if they want to,” the report said.
The criticism added new tension to a South Korea visit by the U.S.'s North Korea envoy, Stephen Biegun. It came on the same day he traveled to observe efforts by the two neighbors to lower tensions on their militarized border.
Fraught Diplomacy
The commentary puts a greater spotlight on the U.S.-South Korea alliance as Trump pursues another summit with Kim, which the president said could come as soon as next month. While the U.S. removed its land-based nuclear weapons from South Korea in 1991, the nation operates nuclear-armed bombers from its base in Guam that can reach Korea, as well as submarines armed with nuclear missiles.
Talks have made little progress since the Singapore summit amid disputes over the pace and sequence of steps to denuclearize and formally end the Korean War. Arms control experts have for months cautioned that the Trump administration's failure to secure a definition for “denuclearization” had sewn the seeds for future disputes.
Read more: Trump Sees a Meeting With North Korea's Kim as Soon as January
At the same time, U.S. officials including Secretary of State Michael Pompeo have routinely described a broader version of the agreement. “I expressed in our meeting today the importance of remaining united in pursuit of a final, fully-verified denuclearization of North Korea, as agreed to by Chairman Kim in Singapore,” Pompeo said during a meeting with Chinese officials last month in Washington.
North Korean statements have repeatedly criticized the approach by Pompeo -- Trump's point man on talks -- and urged greater reciprocity from the U.S. side. The latest complaints bolster South Korean arguments that Kim needs greater security guarantees from the U.S. before progress on disarmament can be achieved.
Why Trump Holds the Cards on North Korea Sanctions: QuickTake
“We are the first on the list for a U.S. preemptive nuclear strike, and we don't have any guarantee of safety,” the commentary said. “So if we lay down our nukes first, that is not denuclearization, but putting us at a state of being defenseless. So this is not only getting rid of the balance of strategy in nuclear forces, but also bringing about a nuclear war.”
--With assistance from David Tweed.
To contact the reporter on this story: Jihye Lee in Seoul at jlee2352@bloomberg.net
To contact the editors responsible for this story: Brendan Scott at bscott66@bloomberg.net, Karen Leigh
©2018 Bloomberg L.P.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.