To: Kenneth E. Phillipps who wrote (100757 ) 6/17/2007 8:15:06 PM From: Hope Praytochange Respond to of 173976 Move by North Korea to Allow Inspectors Is Welcomed (warwoundfakerloser prefers to bombard north korea from his heinz yatch ) By CHOE SANG-HUN Published: June 17, 2007 SEOUL, June 17 - Officials in South Korea and the United States today welcomed a move by North Korea to invite the United Nations nuclear watchdog back to the Communist state for the first time in four and a half years to discuss shutting down the North’s main nuclear complex. In an announcement carried by its official press media, North Korea said late Saturday that it had sent the invitation to the International Atomic Energy Agency because a banking dispute with Washington that had been blocking progress toward the North’s nuclear disarmament ”has reached its final phase.” ”We welcome the North Korean move as good news,” Han Hye Jin, a spokeswoman for the South Korean Foreign Ministry, said today by telephone. ”We hope the Feb. 13 agreement will be implemented as quickly as possible following consultations between North Korea and I.A.E.A.” ”This is a good step,” said Scott Stanzel, a White House spokesman. He echoed Ms. Han’s hopes that the Feb. 13 agreement, in which North Korea said it would close its main nuclear complex, would be implemented. North Korea did not clarify whether the invitation meant that it would start shutting down its reactor, which produces raw material for bomb-making plutonium. North Korea initially agreed on Feb. 13 to close its main nuclear complex in Yongbyon, south of Pyongyang, by April 14 and allow U.N. inspectors to monitor and verify the action, in a first significant step toward what Washington hopes will the North’s complete dismantling of all nuclear weapons facilities. But that step has been delayed for more than two months, raising doubts about the deal struck among the United States, North Korea and four other countries. The invitation from Pyongyang came after North Korean funds frozen at Banco Delta Asia, a small bank in the Chinese gambling enclave of Macao, finally began to be transferred last week. The funds were frozen in 2005 when the United States Treasury blacklisted the bank as a main conduit for money-laundering by Pyongyang. The crackdown made banks around the world reluctant to handle transactions with North Korea. The North said such American hostility justified its development of nuclear bombs and the test of one last October. It accepted the February deal only after Washington promised to release the funds. But transferring the cash to other North Korean accounts through the international banking system, as the North demanded, apparently to prove that its money was clean, turned out to be a technical headache for American officials; banks did not want to touch money that might be seen as tainted. Finally, American officials arranged last week for the United States Federal Reserve branch in New York and the Russian central bank to relay the money to North Korean accounts in the Russian Far East. Speaking in Mongolia, Christopher Hill, the United States nuclear envoy on North Korea, said today that an I.A.E.A. delegation was preparing for a trip to North Korea. Mr. Hill said Saturday that there were still some technical problems in the final stage of getting the North Korean money to North Korean accounts. But he expected them to be resolved by Monday. He hoped to reconvene the six-nation talks in early July and urged North Korea to have its nuclear operations closed by then. In return for stopping work on its reactor and inviting I.A.E.A. inspectors to return, North Korea was promised 50,000 tons of heavy fuel oil from South Korea. North Korea expelled IAEA inspectors in December 2002. ”I would anticipate we would want these first-phase items to be done before we have a six-party meeting, because we don’t want to have a six-party meeting to discuss what we’ve discussed before,” Hill said. The United States and others agreed that they would ship an additional 950,000 tons of oil and offer other benefits, including normalizing ties with North Korea, if it unveiled all of its nuclear facilities and verifiably dismantled them.