Monday, March 12, 2018

Things to know about USA - DPRK talk in near future

  Recently, Kim Jong Un has agreed to attend a summit with USA, which can be held as early as May this year. The main topic is regarding denuclearization of North Korea and peace. Kim Jong Un has also agreed to stop missile development (ICBM) as well as releasing 3 American hostages. He even wishes to establish diplomatic relations with USA. NK has had talks with South Korea in early March.


  Kim Jong Un seems to agree with denuclearizing North Korea, which is a favorable news to hear, but we have to think that this may be another trap. It is not the 1st time for North Korea to agree upon denuclearization. In the past 25 years, NK has agreed to denuclearize several times, including once during Bill Clinton's governance when the late supreme leader Kim Jong Il turned away and broke his promise shortly after receiving generous aid from USA in return of the "promise". Aid from other countries, especially food and fuels, has been a major incentive for NK to change, but USA seems to have learned much from previous lessons. They claim to terminate NK regime if NK fails their promise once again this time (and thus the last time!).


  Another reason for Kim Jong Un to agree may be due to his agony. International sanctions seem to be effective, which has resulted in shortage of Kim Jong Un's treasury (national fund). The sanctions have decreased NK's exports and foreign exchange reserves in large amounts, resulting in its shortage of buying power and inability to purchase imports. NK has suffered from severe lack of resources and commodities recently. According to specialists, dollars possessed by Pyongyang will be used up by this October. What is worse is that recently NK also suffers from inflation, causing prices to rise.

  Thirdly, North Korea's main interest is to break ties between USA and South Korea. NK's agreement is conditional. They want US military to withdraw from South Korea. The recent talk between 2 Koreas has proposed a total denuclearization in entire Korean peninsula which requires South Korea's abandonment of US military's protection. North Korea also hopes South Korea terminate ties with USA, which is a tough decision for South Korea.

  Amid this, Japan has agreed to pay for inspection fees of NK's nuclear facilities, which is to examine and assure NK's authentic attitude. Japan's PM Abe has talked to Trump by phone and vows to keep pressuring NK regime until it totally abandons nuclear weapon programs. The place for meeting between NK and USA has yet decided, and some consider Japan a neutral and suitable place to talk. If NK is able to keep its promises, it is a big step forward for the world, but we also have to be cautious enough to consider the conditions and consequences thereafter.

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