President Donald Trump said on Tuesday (Nov 13) that the United States was aware of undeclared North Korean missile bases revealed by US researchers but insisted all was fine. Seoul and Korea analysts earlier played down a CSIS report which asserted that Pyongyang is operating undeclared missile bases. (AFP/Korea Summit Press Pool, MANDEL NGAN) "We fully know about the sites being discussed, nothing new - and nothing happening out of the normal," Trump, who is seeking a second summit with North Korean leader Kim Jong Un, wrote on Twitter. "I will be the first to let you know if things go bad!" he said. Researchers at the Centre for Strategic and International Studies, a prominent Washington think tank, on Tuesday said that satellite imagery had found 13 missile bases undeclared by North Korea. The bases can be used to hide mobile, nuclear-capable missiles, the study said, warning that North Korea could preserve the sites - and the ability to attack - even as it negotiates … [Read more...] about Trump says North Korea missile work ‘normal’
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Washington's top diplomat Mike Pompeo was addressing Vietnamese business leaders but his real audience was not in the Hanoi dining room. The U.S. Secretary of State was sending a message from the thriving commercial heart of this once war-torn city all the way to North Korea. Vietnam fought a brutal war to expel American invaders, but now the former foes enjoy burgeoning trade ties and a cautious but real friendship. And, whether talking at a business dinner or walking the bustling shopping streets of old Hanoi, Pompeo wants Kim Jong Un to know it. If only North Korea were to surrender its nuclear arsenal, he suggests, it too could grow rich like its fellow one party state Vietnam. Addressing business leaders, Pompeo said that U.S.-Vietnam trade had grown 8,000 percent in the past decade, as it rose to relative prosperity. "I say all of that because it's important, but I hope that the United States, that one day we can share the same relationship with North Korea," he said. Last month … [Read more...] about Pompeo preaches prosperity to North Korea, via Vietnam
Donald Trump dangled the carrot of foreign investment in front of North Korean leader Kim Jong Un at their nuclear summit, but analysts say few will want to put money into one of the highest-risk business environments in the world. The U.S. president showed Kim a movie of bright lights, high-speed trains and soaring tower blocks - pitching a future that could be possible if Pyongyang gives up its weapons. Optimists say that with mineral wealth, cheap labour, and a helpful geographical location, the North has huge potential. But the history of overseas firms who have tried to set up operations in the isolated, impoverished country is a long and sorry one. Rules that can change on a whim, bills that are never paid, and the threat of expropriation hang over foreigners who step into the wildest of wild east investment destinations. For now, dozens of restrictions apply under the various sanctions regimes imposed on the North over its nuclear ambitions. Joint ventures are banned by the U.N. … [Read more...] about Invest in North Korea: money pit or golden opportunity?
US President Donald Trump (R) and North Korea's leader Kim Jong Un in Singapore. (Photo: AFP/Saul Loeb) Despite the lack of detail, or binding terms in the joint statement agreed with Kim - which has alarmed a majority of observers of the nuclear standoff - Trump struck a resolutely bullish tone. "There is no longer a Nuclear Threat from North Korea," he tweeted in one of a series of early morning pronouncements. Trump added that everybody "can now feel much safer than the day I took office" and people could "sleep well tonight!" Critics said the unprecedented encounter between Kim and Trump was more style than substance, producing a document short on specifics about the key issue of Pyongyang's atomic weapons. But the US president trumpeted the outcome as a "deal" with North Korea and vowed there would be "no more rocket launches, nuclear testing or research!" Secretary of State Mike Pompeo, speaking to reporters in Seoul, said the United States hoped for "major disarmament" of … [Read more...] about World can ‘sleep well’ after North Korea summit, Trump says
Trump, Kim meet for historic U.S.-North Korea meeting U.S. President Donald Trump shakes hands with North Korean leader Kim Jong Un at the Capella Hotel on Sentosa island in Singapore June 12, 2018 – PHOTO: REUTERS SINGAPORE (REUTERS) - North Korean leader Kim Jong Un and U.S. President Donald Trump shook hands, smiling cautiously at the outset of their historic summit in Singapore on Tuesday, in which they will look for ways to end a nuclear standoff on the Korean peninsula. “Nice to meet you Mister President,” Kim said moments later as he sat alongside Trump, against a backcloth of North Korean and U.S. flags, beaming more broadly as the U.S. president gave him a thumbs up. With cameras of the world’s press trained on them, Trump and Kim built an initial atmosphere of friendship. “I feel really great. We’re going to have a great discussion and will be tremendously successful. It’s my honor and we will have a terrific relationship, I … [Read more...] about Trump, Kim meet for historic U.S.-North Korea meeting