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US, N.Korea hold nuclear talks in New York

US freezes assets of N.Korean bank
The United States froze Friday the assets of a North Korean bank after the Treasury designated it a proliferator of weapons of mass destruction, officials said. The Amroggang Development Bank was in fact controlled by North Korea's Tanchon Commercial Bank, an institution already blacklisted and sanctioned by Washington, the Treasury Department said. It also designated Tanchon bank president Kim Tong Myong a proliferator of weapons of mass destruction and froze his assets. "As long as North Korea continues to try to evade sanctions and obscure its illicit proliferation transactions, we will take steps to combat that activity and protect the integrity of the international financial system," said senior Treasury official Stuart Levey. Tanchon is the financial arm of the US and UN-designated North Korean company Korea Mining Development Corp (KOMID), reportedly the hardline communist nation's premier arms dealer. The Treasury linked Tanchon to ballistic missile transactions from KOMID to Iran. US President Barack Obama has pushed to toughen sanctions against Pyongyang after North Korea tested a long-range rocket in April and a nuclear weapon, its second, in May.
by Staff Writers
Washington (AFP) Oct 24, 2009
Senior US and North Korean envoys held rare face-to-face talks in New York, boosting hopes of progress in stalled six-party nuclear talks and paving the way toward increased bilateral engagement.

Ri Gun, a deputy negotiator in stalled negotiations over the hermit state's nuclear program, met Saturday with Sung Kim, the US special envoy on North Korea's nuclear disarmament. Ri arrived in the United States on Friday.

The meeting comes as Ri is scheduled to participate in Sunday the Northeast Asia Cooperative Dialogue in San Diego, California along with US Principal Deputy Assistant Secretary of Defense for Asian and Pacific Security Affairs Derek Mitchell.

"Ambassador Sung Kim took the opportunity to meet with him (Ri) in New York on October 24 to convey our position on denuclearization and the six-party talks," State Department spokesman Noel Clay said in a statement.

North Korea has long sought to meet exclusively with the United States and gain recognition as a nuclear weapons state.

Ri's rare visit fueled fresh speculation that North Korea is preparing to return to talks about its nuclear weapons program with China, Japan, Russia, South Korea and the United States.

US Assistant Secretary of State for East Asian and Pacific Affairs Kurt Campbell said this week that Washington was ready to meet one-on-one with Pyongyang, but only if it "rapidly" leads to full-fledged denuclearization talks in the six-nation forum.

The United States "would be prepared for, in the right circumstances at some point, some initial interaction" with the impoverished and reclusive state so long as the move "would lead rapidly to a six-party framework," he said.

On October 6, North Korean leader Kim Jong-Il told Chinese envoys the North was willing to return to six-way talks, but insisted it first negotiate directly with the United States to repair "hostile relations."

The San Diego meeting is organized by the University of California's Institute on Global Conflict and Cooperation, which released a study urging Washington to scrap its policy of isolating Pyongyang and embrace economic engagement to curb the reclusive communist state's provocative behavior.

It namely recommended dropping objections to Pyongyang's entry into global financial institutions like the International Monetary Fund (IMF).

The study released Thursday flew in the face of the approach undertaken by President Barack Obama, who has pushed to toughen sanctions after Pyongyang's string of incitements, including a nuclear test and missile launches.

Ri's trip followed Washington's unusual decision to grant a visa to the North Korean officials, but Clay stressed that Ri "traveled to the US on the invitation of US private organizations."

Prior to the San Diego event, the North Korean delegation was scheduled to attend a seminar in New York hosted by the National Committee on American Foreign Policy and the Korea Society.

The possible diplomatic overtures come after senior US officials fired tough words at Pyongyang.

Secretary of State Hillary Clinton has warned that the United States will never have "normal, sanctions-free relations" with a nuclear-armed North Korea and demanded Pyongyang's full nuclear disarmament.

During a visit to South Korea on Thursday, US Defense Secretary Robert Gates labeled North Korea a grave threat to international peace and promised to keep Washington's allies in East Asia under its nuclear umbrella.

The United States has 28,500 troops in South Korea, bolstering that nation's 655,000-strong armed forces against the North's 1.2 million troops.

Speculation is also rife about a possible summit between the two Koreas, after Chinese Premier Wen Jiabao said earlier this month that the North Korean leader has expressed a desire to improve ties with the South.

The Koreas held summit talks in 2000 and 2007 and agreed on a series of reconciliation events and joint economic projects.

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U.S. pledges support for South Korea
Seoul (UPI) Oct 22, 2009
The United States pledged to provide conventional forces and missile defense on top of its nuclear umbrella to shield South Korea from North Korea's nuclear and missile threats. In return, South Korea will expand its support for the U.S.-led mission in Afghanistan, possibly dispatching police or military troops to help stabilize the war-torn country. The agreement came Thursday a ... read more







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