Talks between the two Koreas aimed at reopening the jointly-operated Gaeseong factory park broke down yesterday, with negotiators from both sides “pushing and shoving” and no agreement for dialogue to resume.
A Mongolian company has tapped one of the world’s most closed markets by taking a stake in a North Korean oil refinery, to help Asia’s fastest growing economy ease its energy reliance on Russia and China.
Daniel Pinkston, a senior analyst at the International Crisis Group, said North Korea’s rocket Launch today violated international law. To understand why the regime launched the rocket, observers should look to North Korea’s ideology, he said in an interview on Bloomberg Television.
North Korea blamed South Korea for the cancellation of talks planned for this week on reopening a joint factory park, a setback to prospects of improved economic ties and reduced tensions with Kim Jong Un’s regime.
North Korea called off the highest- level talks since Kim Jong Un took power in protest at the rank of South Korea’s proposed delegate, risking a renewal of tensions and leaving economic projects in limbo.
North Korea’s new leader looks like his grandfather, went to school in Switzerland and reportedly loves basketball star Michael Jordan. Nothing is known about his views on nuclear weapons, international relations, or fixing his country’s crippled economy.