Published: Tue, May 15, 2018
Worldwide | By Isabel Fisher

US To Help North Korea Economy If It Gives Up Nukes

US To Help North Korea Economy If It Gives Up Nukes

Washington's exit from the Iran nuclear deal won't have a negative effect on the upcoming talks between US President Donald Trump and North Korean leader Kim Jong-un, expert of the Russian Institute for Strategic Studies Roman Lobov told TASS on Friday.

Pompeo also suggested that the USA and North Korea could one day be "partners".

Pompeo said that the USA was prepared to assist North Korea so that it would "achieve prosperity on the par" with South Korea. Many traits originating before the 1950s remained shared, but while much of the art and music in South Korea over the last 65 or so years would be considered global in nature, North Korea embraced a self-sufficient philosophy and produced most of its own.

The North wanted to ensure Kim's "absolute power" and its model of hereditary succession, he added, and would oppose intrusive inspections as they "would be viewed as a process of breaking down Kim Jong Un's absolute power in front of the eyes of ordinary North Koreans and elites". The meeting was set up to prepare for Kim's talks with Trump.

South Korea would also benefit from a boost in the number of eligible workers in their economy, though significantly less than they would be hurt by taking on the burden of modernizing North Korea.

While Singapore's tight control over political activities and media has drawn criticism, it's also what makes the country an ideal location for a high-security event like the Trump-Kim summit.

Kim Jong-un has made clear that development is a priority.

South Korean Foreign Minister Kang Kyung-wha, left, and Secretary of State Mike Pompeo arrive for press conference at the State Department, May 11, 2018, in Washington.

Mr Pompeo said he had "good, substantive" conversations with Mr Kim in Pyongyang in what was his second meeting with the North Korea leader in less that six weeks, and believed both sides understood the ultimate goal of the summit.

The United States and North Korea are technically still at war - a stop-gap armistice ended the brutal three-year Korean war in 1953 and around 30,000 American troops remain in neighboring South Korea, which the U.S. supported in the conflict.

His remarks come ahead of an unprecedented summit between Kim and Trump in Singapore on June 12 where North Korea's nuclear and missile programmes are expected to dominate the agenda. He has balanced his criticism of the North's nuclear program with hints of ambitious economic promises in exchange for a "complete, verifiable and irreversible denuclearization".

Moon's central presence could be seen Wednesday in a three-way meeting in Tokyo when he got Japan's prime minister and China's premier to issue a joint statement in support of the inter-Korean declaration, which he's looking to sell as a meaningful breakthrough that could create a positive atmosphere for the Kim-Trump meeting.

The ultramodern city-state has a robust security infrastructure and is widely considered one of the safest cities in Asia. He added that he told Kim that the US government was prepared to provide him with "assurances", without elaborating.

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