USA officials in summit-planning talks with North Korea at Panmunjom
29 May, 2018, 11:43 | Author: Orlando Hughes
That alone would be a major accomplishment, as North Korea has rejected the idea of rapid denuclearization, and wants a step-by-step approach. In addition to his summits with Moon and Xi, Kim also has had two meetings with U.S. Secretary of State Mike Pompeo. And it's unclear the USA has one.
The two diplomats have crossed paths several times in the past, especially during the six-party negotiation process.
The risk-on in US stock futures comes as the State Department confirmed reports that a USA delegation is meeting with North Korean officials to prepare for the summit, which had been set for June 12 in Singapore. Mr Moon sidestepped a question on Sunday on whether Mr Kim clearly mentioned if he would agree to the U.S. demand for complete, verifiable, irreversible denuclearisation, saying that the two sides would need to discuss it at working-level talks. The second was held with no prior notice and only announced hours after it had concluded.
"It was like an ordinary encounter between friends", Moon told reporters."What's uncertain for Kim is not his intention to denuclearize, but the US stance in hostile relations with North Korea and whether the USA can really secure and guarantee his regime". Kim Jong Un agrees with me on this. And, on Sunday, the president said an American delegation was meeting with North Korean officials in preparation for the meeting. The White House's latest characterization of the meeting as "expected" appears to be a further sign that it could go ahead.
In other news, speculators trimmed their net long position in COMEX gold by 3,800 contracts to 27,527 contracts in the week to May 22, U.S. Commodity Futures Trading Commission (CFTC) data showed on Friday.
A former US director of national intelligence, James Clapper, also on CBS, expressed concern Pyongyang may demand the removal or scaling back of American troops in South Korea in exchange for denuclearization. When James Clapper, then-director of National Intelligence, visited the North in November 2014 to negotiate the release of two Americans held prisoner, Hooker accompanied him. They allowed Moon to push for a U.S.
File Picture: South Korean President Moon Jae-in and North Korean leader Kim Jong Un leave after their summit at the truce village of Panmunjom, North Korea, in this handout picture provided by the Presidential Blue House on May 26, 2018.
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Some U.S. officials have talked about a comprehensive one-shot deal in which North Korea fully eliminates its nukes first and receives rewards later.
Libyan dictator Moammar Qaddafi agreed in 2003 to give up his weapons of mass destruction, including nuclear arms, in return for sanctions relief.
"However, during the US-South Korea summit, President Trump clearly emphasised that we may see not only the end of hostile relations but also economic cooperation if North Korea denuclearizes", Moon said.
The Blue House said on Monday that discussions on Mr Moon's potential involvement in the US-North Korea event were at an early stage. There has yet to be an official announcement about whether the summit is on.
At the same time, a "pre-advance" team was travelling to Singapore to meet with North Koreans, the White House said.
Hagin served as deputy chief of Staff to President George W. Bush from 2001 to 2008.
Kim Chang-son, Kim's de facto chief of staff, flew to Singapore via Beijing on Monday night, the report by public broadcaster NHK said.
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