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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: sciAticA errAticA who wrote (33103)	5/6/2003 11:49:34 AM
From: sciAticA errAticA	Read Replies (1) of 74559

North Korea threatens to scuttle nuke talks with US 06 May 2003 1002 hrs (SST) 0202 hrs (GMT) North Korea has threatened to scupper all nuclear talks unless the US responds positively to Pyongyang's offer to ditch its nuclear programme in exchange for economic and diplomatic benefits. At talks in Beijing last month meant to defuse the six-month-old nuclear crisis, North Korea offered to abandon its nuclear and missile programmes in return for economic and diplomatic payoffs, according to US accounts. The US has demanded the verified and irreversible scrapping of North Korea's nuclear programmes as a prelude to substantive talks while the North has asked for security guarantees first. Washington has adopted a tough negotiating stance, insisting any concessions made to North Korea would be tantamount to a reward for "bad behaviour." "If the US does not positively respond to the DPRK's (North Korea's) bold proposal, it will be held accountable for scuttling all efforts for dialogue and seriously straining the situation," the ruling Workers Party newspaper, Rodong Sinmun, said. Pyongyang also accused Washington of making efforts to resolve the nuclear crisis "more complicated" by again including North Korea on a list of countries suspected of sponsoring terrorism. "The US smear campaign against the DPRK will only make the settlement of the nuclear issue between the DPRK and the US more complicated and aggravate the situation," said a North Korean foreign ministry spokesman on Monday. A Washington report last week kept Pyongyang on a list of "state supporters of terrorism" along with Iran, Cuba, Iraq, Libya, Sudan and Syria. channelnewsasia.com

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