Trump says ‘a lot of progress’ with North Korea but economic sanctions to stay in place

President Donald Trump said on Saturday he had “an incredible” meeting with North Korea’s nuclear envoy Kim Yong Chol and the two sides had made “a lot of progress” on denuclearization. The White House announced after Friday talks that Trump would hold a second summit with North Korean leader Kim Jong Un in late February, but would maintain economic sanctions on Pyongyang. “That was an incredible meeting,” Trump, speaking to reporters at the White House, said of the talks. Kim Jong Un is looking


President Donald Trump said on Saturday he had “an incredible” meeting with North Korea’s nuclear envoy Kim Yong Chol and the two sides had made “a lot of progress” on denuclearization. The White House announced after Friday talks that Trump would hold a second summit with North Korean leader Kim Jong Un in late February, but would maintain economic sanctions on Pyongyang. “That was an incredible meeting,” Trump, speaking to reporters at the White House, said of the talks. Kim Jong Un is looking
Trump says ‘a lot of progress’ with North Korea but economic sanctions to stay in place Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-19  Authors: anthony wallace, afp, getty images
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Trump says 'a lot of progress' with North Korea but economic sanctions to stay in place

President Donald Trump said on Saturday he had “an incredible” meeting with North Korea’s nuclear envoy Kim Yong Chol and the two sides had made “a lot of progress” on denuclearization.

The White House announced after Friday talks that Trump would hold a second summit with North Korean leader Kim Jong Un in late February, but would maintain economic sanctions on Pyongyang.

“That was an incredible meeting,” Trump, speaking to reporters at the White House, said of the talks.

“We’ve agreed to meet sometime, probably the end of February. We’ve picked a country but we’ll be announcing it in the future. Kim Jong Un is looking very forward to it and so am I,” Trump said.

“We have made a lot of progress as far as denuclearization is concerned and we are talking about a lot of different things. Things are going very well with North Korea.”

Trump and the White House have given no details of the talks, and despite his upbeat comments there has been no indication of any narrowing of differences over U.S. demands that North Korea abandon a nuclear weapons program that threatens the United States and Pyongyang’s demands for a lifting of punishing sanctions.

A first summit in June in Singapore — the first-ever between a sitting U.S. president and a North Korean leader — produced a vague commitment by Kim Jong Un to work toward the denuclearization of the Korean peninsula, but he has yet to take what Washington sees as concrete steps in that direction.

Critics of U.S. efforts say the first summit only boosted Kim’s international stature without much to show for it, and some believe Trump may see a second meeting as a way of distracting from his domestic troubles.

Trump did not elaborate on the country chosen to host the summit, but Vietnam has been considered a leading candidate.

Kim Yong Chol, regarded as a member of Kim Jong Un’s inner circle, also had talks on Friday with Secretary of State Mike Pompeo and the U.S. special representative on North Korea, Stephen Biegun.

The State Department said the two sides had “a productive first meeting at the working level” and Biegun would travel to Sweden at the weekend to attend an international conference.

The conference is also being attended by North Korean Vice Foreign Minister Choe Son Hui. Washington has been keen to set up talks between Biegun and Choe but North Korea has resisted, apparently wanting to keep exchanges high-level.

Asked if the two would meet in Stockholm, a State Department spokeswoman said: “We have no meetings to announce.”


Company: cnbc, Activity: cnbc, Date: 2019-01-19  Authors: anthony wallace, afp, getty images
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Another Trump-Kim summit may be good for diplomacy, but not so much for denuclearization

Seven months after the first U.S.-North Korea meeting, Pyongyang has done little to eliminate its nuclear arsenal — a scenario that political watchers don’t see changing even after a second or third summit. North Korea’s top envoy, Kim Yong Chol, in currently in Washington D.C. to discuss the prospective of a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un that could take place as early as March or April, according to reports. The prospect of more face-to-fa


Seven months after the first U.S.-North Korea meeting, Pyongyang has done little to eliminate its nuclear arsenal — a scenario that political watchers don’t see changing even after a second or third summit. North Korea’s top envoy, Kim Yong Chol, in currently in Washington D.C. to discuss the prospective of a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un that could take place as early as March or April, according to reports. The prospect of more face-to-fa
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Company: cnbc, Activity: cnbc, Date: 2019-01-18  Authors: nyshka chandran, jonathan ernst
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Another Trump-Kim summit may be good for diplomacy, but not so much for denuclearization

Seven months after the first U.S.-North Korea meeting, Pyongyang has done little to eliminate its nuclear arsenal — a scenario that political watchers don’t see changing even after a second or third summit.

North Korea’s top envoy, Kim Yong Chol, in currently in Washington D.C. to discuss the prospective of a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un that could take place as early as March or April, according to reports.

The prospect of more face-to-face talks is undoubtedly a positive development — regular dialogue helps contain conflict on the Korean Peninsula — but it isn’t expected to push the North on denuclearization, according to experts. Rather, Trump and Kim may simply be looking to keep communication lines open and avoid the heated saber-rattling that defined their relationship in 2017.


Company: cnbc, Activity: cnbc, Date: 2019-01-18  Authors: nyshka chandran, jonathan ernst
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North Korean envoy in US for summit talks with Pompeo, and possibly even Trump

A North Korean envoy arrived in Washington on Thursday for expected talks with Secretary of State Mike Pompeo and a possible encounter with President Donald Trump aimed at laying the groundwork for a second U.S.-North Korea summit. The North Korean visit could yield an announcement of plans for another summit between Trump and Kim Jong Un, the source said, speaking on condition of anonymity. Pompeo had planned to meet his North Korean counterpart to discuss a second summit last November, but the


A North Korean envoy arrived in Washington on Thursday for expected talks with Secretary of State Mike Pompeo and a possible encounter with President Donald Trump aimed at laying the groundwork for a second U.S.-North Korea summit. The North Korean visit could yield an announcement of plans for another summit between Trump and Kim Jong Un, the source said, speaking on condition of anonymity. Pompeo had planned to meet his North Korean counterpart to discuss a second summit last November, but the
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North Korean envoy in US for summit talks with Pompeo, and possibly even Trump

A North Korean envoy arrived in Washington on Thursday for expected talks with Secretary of State Mike Pompeo and a possible encounter with President Donald Trump aimed at laying the groundwork for a second U.S.-North Korea summit.

The envoy arrived on the same day Trump unveiled a revamped U.S. missile defense strategy that singled out North Korea as an ongoing and “extraordinary threat,” seven months after he declared after his first summit with leader Kim Jong Un that the North Korean threat had been eliminated.

Kim Yong Chol, Pyongyang’s lead negotiator in denuclearization talks with the United States, was due to meet Pompeo and could also go to the White House on Friday, a person familiar with the plan said, a sign of potential movement in a diplomatic effort that has appeared stalled for months.

The North Korean visit could yield an announcement of plans for another summit between Trump and Kim Jong Un, the source said, speaking on condition of anonymity.

There has been no indication, however, of any narrowing of differences over U.S. demands that North Korea abandon a nuclear weapons program that threatens the United States or Pyongyang’s demand for a lifting of punishing sanctions.

Kim Yong Chol, a hardline former spy chief, arrived in Washington on a commercial flight from Beijing, South Korea’s Yonhap news agency reported. Yonhap and other South Korean media said he was greeted at Dulles airport by Stephen Biegun, the U.S. special representative for North Korea.

Pompeo had planned to meet his North Korean counterpart to discuss a second summit last November, but the meeting was postponed at the last moment.

Diplomatic contact was resumed after Kim Jong Un delivered a New Year speech in which he said he was willing to meet Trump “at any time,” South Korea’s ambassador to the United States, Cho Yoon-je, told reporters last week.

Kim Yong Chol was last in Washington in June, when he delivered a letter from Kim Jong Un to Trump that opened the way for the June 12 summit in Singapore.

That meeting yielded a pledge from the latter to work towards denuclearization of the Korean peninsula and Trump declared the next day that there was “no longer a nuclear threat from North Korea.”

There has been little obvious progress since, however, which was underlined by the Missile Defense Review unveiled on Thursday.

Introducing the report, acting U.S. Defense Secretary Patrick Shanahan noted that North Korean missiles remained a “significant concern.” Trump himself only mentioned North Korea in passing at the same event, saying negotiations he had conducted should have been done years ago.


Company: cnbc, Activity: cnbc, Date: 2019-01-18  Authors: andrew harnik, afp, getty images
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White House: Next Trump summit with Kim Jong Un will take place near the end of February

In July, an NBC News report, citing U.S. intelligence assessments, said that North Korea had increased production of fuel for nuclear weapons at multiple secret sites in recent months. As it stands, North Korea is the only nation to have tested nuclear weapons this century. The president responded by tweeting: “I too have a Nuclear Button, but it is a much bigger & more powerful one than his, and my Button works!” Even though reports showed reasons to doubt North Korea’s commitment to denucleari


In July, an NBC News report, citing U.S. intelligence assessments, said that North Korea had increased production of fuel for nuclear weapons at multiple secret sites in recent months. As it stands, North Korea is the only nation to have tested nuclear weapons this century. The president responded by tweeting: “I too have a Nuclear Button, but it is a much bigger & more powerful one than his, and my Button works!” Even though reports showed reasons to doubt North Korea’s commitment to denucleari
White House: Next Trump summit with Kim Jong Un will take place near the end of February Cached Page below :
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White House: Next Trump summit with Kim Jong Un will take place near the end of February

Why Trump and Kim would want another summit 2:14 AM ET Fri, 11 Jan 2019 | 02:55

While Trump has worked to thaw relations with Kim over the last year, including through an unprecedented face-to-face meeting in Singapore, North Korea is reportedly still working on new missile development projects. In July, an NBC News report, citing U.S. intelligence assessments, said that North Korea had increased production of fuel for nuclear weapons at multiple secret sites in recent months.

Meanwhile, under Kim, the reclusive state has conducted its most powerful nuclear test, launched its first-ever intercontinental ballistic missile, and threatened to send missiles into the waters near Guam.

Since 2011, North Korea has fired more than 85 missiles and four nuclear weapons tests — which is more than what his father, Kim Jong Il, and grandfather, Kim Il Sung, launched over a period of 27 years. As it stands, North Korea is the only nation to have tested nuclear weapons this century.

Read more: A timeline of North Korea’s defiant rocket launches in 2017

The Pentagon did not immediately respond to CNBC’s request to comment.

The second meeting extends a turn toward diplomacy after Trump and the North Korean regime made repeated threats in the early months of the U.S. president’s tenure. As Pyongyang continued testing missiles, Trump said in August 2017 that North Korea “will be met with fire, fury and frankly power, the likes of which the world has never seen before.”

On New Year’s Day 2018, Kim — who Trump once labeled “Little Rocket Man” — said he had a nuclear launch button ready at his desk at all times. The president responded by tweeting: “I too have a Nuclear Button, but it is a much bigger & more powerful one than his, and my Button works!”

The two leaders have recently been more conciliatory. Even though reports showed reasons to doubt North Korea’s commitment to denuclearization, Trump heaped praise on Kim last year. In September, Trump said the two leaders “fell in love” after exchanging “beautiful letters.”

Trump has defended his first summit with Kim as necessary to preserve peace, after critics said he legitimized a dictator with a dismal human rights record.


Company: cnbc, Activity: cnbc, Date: 2019-01-18  Authors: amanda macias, jacob pramuk, anthony wallace, getty images
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US Secretary of State Mike Pompeo will reportedly hold talks with North Korea this week

U.S. Secretary of State Mike Pompeo is about to hold high-level talks in Washington D.C. with North Korean senior official Kim Yong Chol on Thursday or Friday, and both sides are fine-tuning details, a South Korean newspaper said. The North Korean official is likely to meet President Donald Trump as well, the Chosun Ilbo said on Tuesday, citing an unnamed diplomatic source familiar with the talks between the United States and North Korea. Asked about the South Korean newspaper report, a State De


U.S. Secretary of State Mike Pompeo is about to hold high-level talks in Washington D.C. with North Korean senior official Kim Yong Chol on Thursday or Friday, and both sides are fine-tuning details, a South Korean newspaper said. The North Korean official is likely to meet President Donald Trump as well, the Chosun Ilbo said on Tuesday, citing an unnamed diplomatic source familiar with the talks between the United States and North Korea. Asked about the South Korean newspaper report, a State De
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Keywords: news, cnbc, companies, korean, yong, talks, united, week, secretary, north, states, trump, reportedly, korea, kim, pompeo, mike, official, south, state, hold


US Secretary of State Mike Pompeo will reportedly hold talks with North Korea this week

U.S. Secretary of State Mike Pompeo is about to hold high-level talks in Washington D.C. with North Korean senior official Kim Yong Chol on Thursday or Friday, and both sides are fine-tuning details, a South Korean newspaper said.

The North Korean official is likely to meet President Donald Trump as well, the Chosun Ilbo said on Tuesday, citing an unnamed diplomatic source familiar with the talks between the United States and North Korea.

Asked about the South Korean newspaper report, a State Department official said, “We don’t have any meetings to announce.” The White House did not immediately respond to a request for comment.

The United States is considering partially easing sanctions on North Korea in exchange for the isolated nation discarding, or sending abroad, its intercontinental ballistic missiles, in addition to the adoption of a “nuclear freeze,” the U.S. talks with the South Korean government have shown, the Chosun Ilbo said, citing the source.

“If North Korea accepts, it’s a realizable scenario,” it quoted the source as saying.

South Korea’s presidential office directed questions to the foreign ministry, which did not have immediate comment.

This month, Trump said he had received a “great” letter from North Korean leader Kim Jong Un and would probably meet him again in the not-too-distant future, as part of efforts to persuade him to give up his nuclear weapons.

Pompeo made several trips to Pyongyang last year, but the two sides have not rescheduled an abruptly canceled November meeting between him and Kim Yong Chol that aimed at paving the way for a second summit.


Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: bryan r smith, afp, getty images
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Abu Dhabi renewables leader chooses wind energy for its first North American investment

The Abu Dhabi Future Energy Company, also known as Masdar, has acquired stakes in two U.S. wind farms in what will be its first-ever foray into the North American market. The company, a subsidiary of Emirati investment vehicle Mubadala Development Company, on Tuesday announced its share purchase agreement to buy British developer John Laing Group’s interest in wind farms in Texas and New Mexico. While the exact dollar value of the deal has not been disclosed, Masdar’s leadership described it as


The Abu Dhabi Future Energy Company, also known as Masdar, has acquired stakes in two U.S. wind farms in what will be its first-ever foray into the North American market. The company, a subsidiary of Emirati investment vehicle Mubadala Development Company, on Tuesday announced its share purchase agreement to buy British developer John Laing Group’s interest in wind farms in Texas and New Mexico. While the exact dollar value of the deal has not been disclosed, Masdar’s leadership described it as
Abu Dhabi renewables leader chooses wind energy for its first North American investment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: natasha turak, enel green power
Keywords: news, cnbc, companies, abu, saw, wind, turbines, world, texas, project, dhabi, leader, north, investment, mw, company, american, renewables, chooses, energy


Abu Dhabi renewables leader chooses wind energy for its first North American investment

The Abu Dhabi Future Energy Company, also known as Masdar, has acquired stakes in two U.S. wind farms in what will be its first-ever foray into the North American market.

The company, a subsidiary of Emirati investment vehicle Mubadala Development Company, on Tuesday announced its share purchase agreement to buy British developer John Laing Group’s interest in wind farms in Texas and New Mexico. While the exact dollar value of the deal has not been disclosed, Masdar’s leadership described it as being “north of $100 million.”

The 149 megawatt (MW) Rocksprings project in Texas is home to 53 of General Electric’s 2.3MW wind turbines and 16 of its 1.72MW turbines in Val Verde County, while the Sterling project in New Mexico’s Lea County has a total installed capacity of 29.9MW provided by 13 of General Electric’s 2.3MW turbines.

Masdar Chief Executive Mohamed Jameel Al Ramahi spoke to CNBC’s Dan Murphy about the move Tuesday while at Abu Dhabi’s Sustainability Week, calling the U.S. “a very important market not only for Masdar but the renewable energy world.” Last year’s conference by the same name saw $15 billion worth of deals announced.

Indeed, America saw a record 6.3 percent of its electricity generated from wind in 2017, and is home to “one of the largest and fastest-growing wind markets in the world,” according to the U.S. Department of Energy. The country installed over 7,000 MW of wind energy capacity in 2017, according to data from the Global Wind Energy Council, putting it behind only China in terms of new installations.


Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: natasha turak, enel green power
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China’s overseas investment into North America and Europe falls 73 percent in 2018, survey shows

After taking divestitures into account, net Chinese FDI flows into the United States actually turned negative. Investment into the United States fell by 83 percent but, by contrast, grew by 80 percent into Canada. In Europe, despite an overall decline, Chinese FDI into countries like Germany, France and Spain also actually grew. Tougher regulatory scrutiny also led to the cancellation of 14 Chinese investment deals in North America, with a combined value of $4 billion, and seven in Europe worth


After taking divestitures into account, net Chinese FDI flows into the United States actually turned negative. Investment into the United States fell by 83 percent but, by contrast, grew by 80 percent into Canada. In Europe, despite an overall decline, Chinese FDI into countries like Germany, France and Spain also actually grew. Tougher regulatory scrutiny also led to the cancellation of 14 Chinese investment deals in North America, with a combined value of $4 billion, and seven in Europe worth
China’s overseas investment into North America and Europe falls 73 percent in 2018, survey shows Cached Page below :
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China's overseas investment into North America and Europe falls 73 percent in 2018, survey shows

What does China own in the US? 9:03 AM ET Thu, 10 Jan 2019 | 04:39

Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low last year as the United States tightened scrutiny of deals and Chinese restrictions on outbound investment bit, law firm Baker & McKenzie said.

The figures reflected the impact of escalating trade and political friction between Washington and Beijing. After taking divestitures into account, net Chinese FDI flows into the United States actually turned negative.

Investment into the United States fell by 83 percent but, by contrast, grew by 80 percent into Canada. In Europe, despite an overall decline, Chinese FDI into countries like Germany, France and Spain also actually grew.

Completed Chinese FDI deals in the two Western regions fell to $30 billion in 2018 from $111 billion the year before, Baker & McKenzie said in a report prepared with research firm Rhodium Group.

Even after stripping out the effect of the $43 billion takeover of Syngenta by ChemChina in 2017, the underlying drop in deal volumes was 40 percent.

Tougher regulatory scrutiny also led to the cancellation of 14 Chinese investment deals in North America, with a combined value of $4 billion, and seven in Europe worth $1.5 billion.

“Some deals are still getting done despite new investment screening regulations, trade tensions and Chinese investment controls,” said Michael DeFranco, global head of M&A at Baker McKenzie.

“But all parties in a prospective transaction need to conduct plenty of due diligence and take in-depth regulatory advice to assess if a deal is viable.”


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Abu Dhabi’s Mubadala has its eye on North American shale

While North American shale may be competition for OPEC members, some crude-exporting countries in the Arabian Gulf are simultaneously taking advantage of the commodity’s ability to fuel lucrative investments beyond oil. For the United Arab Emirates’ Musabbeh al-Kaabi, chief executive of Abu Dhabi’s Mubadala Petroleum and Petrochemicals, the shale revolution has the made North American gas and petrochemicals industry very attractive, bringing competitively-priced gas feedstock to the market. The


While North American shale may be competition for OPEC members, some crude-exporting countries in the Arabian Gulf are simultaneously taking advantage of the commodity’s ability to fuel lucrative investments beyond oil. For the United Arab Emirates’ Musabbeh al-Kaabi, chief executive of Abu Dhabi’s Mubadala Petroleum and Petrochemicals, the shale revolution has the made North American gas and petrochemicals industry very attractive, bringing competitively-priced gas feedstock to the market. The
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Abu Dhabi's Mubadala has its eye on North American shale

While North American shale may be competition for OPEC members, some crude-exporting countries in the Arabian Gulf are simultaneously taking advantage of the commodity’s ability to fuel lucrative investments beyond oil.

For the United Arab Emirates’ Musabbeh al-Kaabi, chief executive of Abu Dhabi’s Mubadala Petroleum and Petrochemicals, the shale revolution has the made North American gas and petrochemicals industry very attractive, bringing competitively-priced gas feedstock to the market.

The petrochemicals firm is a major component of Mubadala Investment Company, Abu Dhabi’s state-owned holding company. It operates as a sovereign wealth fund with assets of more than $226 billion, and is aimed at diversifying the emirate’s economy.

“We as an investor made big investments in the last 18 months, north of $12 billion dollars, and some of these big investments are happening in North America,” al-Kaabi told CNBC’s Hadley Gamble during the Atlantic Council Energy Forum in Abu Dhabi.

This was for two simple reasons, the CEO said. “It is a big market and it is enjoying a highly competitive feedstock. So we like the business in that part of the world because of these two reasons.” Feedstock refers to raw material, such as natural gas, used in petrochemical production. Gas dominate’s the company’s business, and al-Kaabi has previously highlighted North America as the focus of a strategic shift when it comes to petrochemicals thanks to the shale revolution.

“Other parts of global energy I would say, the energy industry, the price would be set by the high cost producers going forward,” al-Kaabi added. “And who are the high cost producers nowadays? The shale producers. And we will keep monitoring what is happening in that part of the world.”


Company: cnbc, Activity: cnbc, Date: 2019-01-12  Authors: natasha turak
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North Korea’s Kim appears to have a big goal: Winning Belt and Road investments from Beijing

There was ‘frustration’ in Kim Jong Un’s message: Expert 4:50 AM ET Wed, 2 Jan 2019 | 03:00But to do so, Pyongyang needs help from its rich neighbors. The nuclear-armed nation is seeking more than $7.7 million in investment, the Seoul-based online newspaper NK News reported last month, citing information from a website run by North Korea’s foreign trade ministry. Xi’s Belt and Road project offers the perfect answer to those needs. Pyongyang “would love to be part of Belt and Road,” Dane Chamorro


There was ‘frustration’ in Kim Jong Un’s message: Expert 4:50 AM ET Wed, 2 Jan 2019 | 03:00But to do so, Pyongyang needs help from its rich neighbors. The nuclear-armed nation is seeking more than $7.7 million in investment, the Seoul-based online newspaper NK News reported last month, citing information from a website run by North Korea’s foreign trade ministry. Xi’s Belt and Road project offers the perfect answer to those needs. Pyongyang “would love to be part of Belt and Road,” Dane Chamorro
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Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: nyshka chandran, kcna, -mintaro oba, former us state department official
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North Korea's Kim appears to have a big goal: Winning Belt and Road investments from Beijing

There was ‘frustration’ in Kim Jong Un’s message: Expert 4:50 AM ET Wed, 2 Jan 2019 | 03:00

But to do so, Pyongyang needs help from its rich neighbors. The nuclear-armed nation is seeking more than $7.7 million in investment, the Seoul-based online newspaper NK News reported last month, citing information from a website run by North Korea’s foreign trade ministry.

Xi’s Belt and Road project offers the perfect answer to those needs. China has historically been Pyongyang’s largest trading partner.

Pyongyang “would love to be part of Belt and Road,” Dane Chamorro, a senior partner in the Asia Pacific division of Control Risks, a consulting firm specializing in politics told CNBC on Friday. Kim’s government is waiting for an invitation so his country can get assistance on the construction of railway links and ports and other facilities, Chamorro said.

Beijing also seems keen on Pyongyang’s inclusion, with the Chinese government inviting a North Korean delegation to attend a Belt and Road summit in 2017 — but it’s unlikely to take any action for now.

Including Pyongyang in the BRI is “probably more trouble than it’s worth” at the present moment, said Mintaro Oba, a former U.S. State Department official who specialized in the Koreas during the administration of former President Barack Obama.

For one, sanctions still remain in place. Beijing, however, has called for those penalties to be eased.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: nyshka chandran, kcna, -mintaro oba, former us state department official
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Kim Jong Un: I’ll try to make another Trump summit achieve a result ‘welcomed’ by other countries

North Korean leader Kim Jong Un said during a visit to China his country would try to make a second summit with U.S. President Donald Trump achieve a result that the international community would welcome, China’s Xinhua news agency reported on Thursday. The visit to China, Kim’s fourth in the past year, followed reports of advanced negotiations for a second summit between Washington and Pyongyang aimed at resolving the standoff over North Korea’s nuclear and missile programs. Kim and Trump pledg


North Korean leader Kim Jong Un said during a visit to China his country would try to make a second summit with U.S. President Donald Trump achieve a result that the international community would welcome, China’s Xinhua news agency reported on Thursday. The visit to China, Kim’s fourth in the past year, followed reports of advanced negotiations for a second summit between Washington and Pyongyang aimed at resolving the standoff over North Korea’s nuclear and missile programs. Kim and Trump pledg
Kim Jong Un: I’ll try to make another Trump summit achieve a result ‘welcomed’ by other countries Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-10
Keywords: news, cnbc, companies, north, try, korean, jong, summit, welcomed, second, koreas, peninsula, denuclearization, result, xi, dprk, countries, achieve, kim, ill, trump


Kim Jong Un: I'll try to make another Trump summit achieve a result 'welcomed' by other countries

North Korean leader Kim Jong Un said during a visit to China his country would try to make a second summit with U.S. President Donald Trump achieve a result that the international community would welcome, China’s Xinhua news agency reported on Thursday.

Kim also told Chinese President Xi Jinping he hoped relevant sides would take North Korea’s “reasonable concerns” seriously and respond to them to promote a comprehensive resolution on the Korean peninsula, China’s official news agency said.

The visit to China, Kim’s fourth in the past year, followed reports of advanced negotiations for a second summit between Washington and Pyongyang aimed at resolving the standoff over North Korea’s nuclear and missile programs.

Kim and Trump pledged to work towards denuclearization at their landmark summit in Singapore in June but the agreement was short on specifics.

Negotiations have made little headway since.

“The DPRK will continue sticking to the stance of denuclearization and resolving the Korean Peninsula issue through dialogue and consultation, and make efforts for the second summit between DPRK and U.S. leaders to achieve results that will be welcomed by the international community,” Xinhua quoted Kim as saying.

DPRK, or the Democratic People’s Republic of Korea, is North Korea’s official name.

The Chinese state news agency described the atmosphere in talks between Kim and Xi as “cordial and friendly” and said the two reached important consensus, agreeing to make joint efforts to promote development.

It said China supported the North’s adherence to “the direction of denuclearization” on the peninsula and the improvement of inter-Korean relations. Beijing also supported U.S.-North Korean summits and the use of dialogue to resolve concerns, it quoted Xi as saying.

“China hopes that the DPRK and the United States will meet each other halfway,” it said.


Company: cnbc, Activity: cnbc, Date: 2019-01-10
Keywords: news, cnbc, companies, north, try, korean, jong, summit, welcomed, second, koreas, peninsula, denuclearization, result, xi, dprk, countries, achieve, kim, ill, trump


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