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N.Korea Agrees to Abandon Nuclear Programs

Posted on: Monday, 19 September 2005, 06:00 CDT

North Korea agreed to abandon all nuclear weapons and existing nuclear programs in exchange for oil and energy in a deal signed Monday in Beijing.

In an agreement signed by all parties to the six-nation talks, Pyongyang also agreed to return to the Treaty on the Non-Proliferation of Nuclear Weapons and to accept International Atomic Energy Agency inspectors, China's Xinhua news agency reported.

In return, the United States, Russia, China, Japan and South Korea will provide energy assistance to North Korea and look for bilateral trade and investment opportunities. South Korea reaffirmed its July offer of 2 million kilowatts of electricity to the North.

The five nations agreed to discuss at an appropriate time the possible provision of a light water reactor to North Korea, which maintains it should have the right to the peaceful use of nuclear energy.

The document included a U.S. statement that it had no intention of attacking or invading North Korea, and promises that the United States and Japan would take steps toward normalizing relations with Pyongyang.

The breakthrough in the talks came after the United States and North Korea held one-on-one talks in Beijing, and after China mediated in bridging gaps and building trust.


Source: United Press International

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