South Korea's President Moon Jae-in said on Wednesday that if appropriate action is taken by the United States, North Korea would agree to dispose off its crucial missile facilities permanently even in the presence of foreign experts and would also close down its main nuclear complex.
Both North and South Korea also pledged to transform the Korean peninsula into a "land of peace without nuclear weapons and nuclear threats", said the heads of both the countries in a joint news conference after their summit meeting in the North Korean capital city.
Kim Jong-un, the Koran leader also pledged to visit the South Korean capital some time in the future and if he does so it would be first ever visit by a North Korean head to South Korea.
According to experts, this latest meeting between the North and South Korean leaders could pave the way for restart of the stalled negotiations between Pyongyang and Washington on North's nuclear program. It can even lead to another meeting between Kim and US president Donald Trump as proposed by Kim recently.
The South Korean leader is attempting to forge a proposal for the creation of a framework which would incorporate both the denuclearization issue of the North as well as a joint declaration for ending the Korean war of 1950-53.
During the summit meeting, Kim reportedly pledged to work toward the "complete denuclearization of the Korean peninsula".
But since the summit meeting between Trump and Kim, there has been very little progress – according to the US, on the part of North Korea to implement the denuclearization pact – as vague as it was. Later however, Washington agreed to a key goal of Pyongyang — declaring an end to the Korean war.
According to the US, no indication has been shown by North Korea to forgo its nuclear arsenal unilaterally and is yet trying to get some relief form the crippling international sanctions.
International inspections were not allowed for a dismantlement of North Korea’s only known nuclear site in May despite Kim’s offer to ending nuclear and missile tests.
The US had said that there would be an outcome of "meaningful, verifiable steps towards the denuclearization of North Korea" from the summit, according to a statement by the U.S. State Department spokeswoman Heather Nauert on Tuesday. She also called it a "historic opportunity" for Kim for adhering to the pledge that he had made with Trump.
According to officials from Seoul, the aim of the summit is to carve out concrete steps for the implementation of the Panmunjom Declaration.
"While Moon has expressed his desire to agree on a concrete plan on denuclearization, we believe that the two nations still differ on this concept," said Anwita Basu, an analyst at the Economist Intelligence Unit.
(Source:www.cnbc.com)
Both North and South Korea also pledged to transform the Korean peninsula into a "land of peace without nuclear weapons and nuclear threats", said the heads of both the countries in a joint news conference after their summit meeting in the North Korean capital city.
Kim Jong-un, the Koran leader also pledged to visit the South Korean capital some time in the future and if he does so it would be first ever visit by a North Korean head to South Korea.
According to experts, this latest meeting between the North and South Korean leaders could pave the way for restart of the stalled negotiations between Pyongyang and Washington on North's nuclear program. It can even lead to another meeting between Kim and US president Donald Trump as proposed by Kim recently.
The South Korean leader is attempting to forge a proposal for the creation of a framework which would incorporate both the denuclearization issue of the North as well as a joint declaration for ending the Korean war of 1950-53.
During the summit meeting, Kim reportedly pledged to work toward the "complete denuclearization of the Korean peninsula".
But since the summit meeting between Trump and Kim, there has been very little progress – according to the US, on the part of North Korea to implement the denuclearization pact – as vague as it was. Later however, Washington agreed to a key goal of Pyongyang — declaring an end to the Korean war.
According to the US, no indication has been shown by North Korea to forgo its nuclear arsenal unilaterally and is yet trying to get some relief form the crippling international sanctions.
International inspections were not allowed for a dismantlement of North Korea’s only known nuclear site in May despite Kim’s offer to ending nuclear and missile tests.
The US had said that there would be an outcome of "meaningful, verifiable steps towards the denuclearization of North Korea" from the summit, according to a statement by the U.S. State Department spokeswoman Heather Nauert on Tuesday. She also called it a "historic opportunity" for Kim for adhering to the pledge that he had made with Trump.
According to officials from Seoul, the aim of the summit is to carve out concrete steps for the implementation of the Panmunjom Declaration.
"While Moon has expressed his desire to agree on a concrete plan on denuclearization, we believe that the two nations still differ on this concept," said Anwita Basu, an analyst at the Economist Intelligence Unit.
(Source:www.cnbc.com)
