Inter-Korean summit to be held late April

2018.03.07 11:37:34 | 2018.03.07 15:43:43

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The two Koreas agreed to hold their third summit talks on the southern side of the truce village of Panmunjom late next month, with Pyongyang offering to talk to Washington on the denuclearization scheme, said a presidential envoy returning from a visit to North Korea.

“North Korea made its commitment to denuclearization clear. It also assured that it does not need nuclear arms if threat on the country and regime is removed,” said Chung Eui-yong, head of the presidential National Security Office, in a press briefing Tuesday on the results of the presidential delegation’s meeting with North Korean leader Kim Jong-un.

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Kim also expressed hopes to have “candid” talks with Washington, promising moratorium on nuclear and missile provocations while the dialogue takes place, he said.

Chung and others will fly to Washington to brief the ally on details of the Pyongyang meeting.

The main Kospi closed Wednesday down 0.40 percent at 2,401.82 while the Korean won was up 0.65 percent at 1,069.10 won against the U.S. dollar.

(From right) North Korean leader Kim Jong-un shaking hands with Chung Eui-yong. 이미지 확대

(From right) North Korean leader Kim Jong-un shaking hands with Chung Eui-yong.

The two Koreas also agreed to install a hotline between the leaders and arrange a summit meeting in Panmunjom in April. This would be the third inter-Korean summit in more than a decade following the meetings in 2000 and 2007, both in Pyongyang, between Kim’s father Kim Jong-il and liberal presidents Kim Dae-jung and Roh Tae-woo.

The dramatic development unfolded after Kim invited Moon to Pyongyang through his sister Kim Yo-jong, who came to the South for the PyeongChang Winter Olympics.

U.S. President Donald Trump responded positively to the news, tweeting Tuesday that “possible progress” is being made in the talks and that “for the first time in many years, a serious effort is being made by all parties concerned.” But he also expressed suspicion of the North’s intention, adding “may be false hope but the U.S. is ready to go hard in either direction.”

By Oh Soo-hyun and Kim Hyo-jin

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