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Latest Economy of North Korea Stories

2008-09-19 21:00:12

Text of report in English by Japan's largest news agency Kyodo Washington, 19 September: North Korea has not reactivated its nuclear reactor in Yongbyon although it is moving closer to doing so, the State Department said Friday. Department spokesman Sean McCormack said at a news briefing that Pyongyang is getting "to the point of operationalizing Yongbyon again," though "they haven't gotten to that point yet." "And we would urge them not to get to that point," he said. North Korea said...

2008-08-26 12:00:44

North Korea threatened Tuesday to restore its Yongbyon nuclear reactor if the U.S. government fails to remove it from a list of terrorist sponsors. The North Korean Foreign Ministry said it earlier this month suspended the disabling of its nuclear facilities and now has rejected a U.S.-backed plan to verify the status of its atomic activities, Yonhap, the South Korean news agency, reported. North Korea now will consider restoring "nuclear facilities in Yongbyon to their original state as...

2008-07-28 06:00:53

Text of report in English by state-run North Korean news agency KCNA Pyongyang, July 28 (KCNA) - The 55th anniversary of the victory in the great Fatherland Liberation War was significantly celebrated across the country. Working people in different parts of the country held multifarious functions on Sunday on the occasion of the day of the victory in the war. Working people in North Hamgyong and South Hwanghae provinces held oratorical meetings with great pride and honour of having won...

2008-07-12 00:00:11

Text of report in English by Japan's largest news agency Kyodo By Naoko Aoki Beijing, July 12 Kyodo - Negotiators from six countries met for the third day in Beijing Saturday [12 July] to try to work out the specifics of a mechanism to verify North Korea's declaration of its nuclear programmes. The delegates from North and South Korea, the United States, China, Japan and Russia were also set to discuss the outlook for the next phase of Pyongyang's denuclearization as they tried to wrap...

2008-07-11 12:00:21

Text of report in English by Japan's largest news agency Kyodo Beijing, July 11 Kyodo - Chief nuclear negotiators from six countries agreed Friday in Beijing on the principles of creating a mechanism to verify North Korea's declaration of its nuclear programmes, Japanese delegate Akitaka Saiki said. But wide differences remain on the method of verification, South Korea's top envoy Kim Sook told reporters separately after the second day of the six-party heads of delegation talks in...

2008-06-26 06:02:22

Text of report in English by Japan's largest news agency Kyodo Pyongyang, June 26 Kyodo - The US State Department's top Korea expert arrived in Pyongyang on Thursday afternoon, ahead of a series of events expected to end a six-month stall in the six-way process for denuclearizing North Korea. Sung Kim, director of the department's Office of Korean Affairs, said he will attend the demolition of the cooling tower attached to the Yongbyon nuclear reactor, expected to take place Friday once...

2008-06-21 15:00:06

U.S. Secretary of State Condoleeza Rice has become increasingly concerned North Korea might be seeking a new route to produce nuclear weapons, sources say. Just as North Korea was expected to finally submit a formal declaration on its known plutonium-based nuclear activities, new evidence has emerged the communist Asian nation might also be pursuing a secret uranium-based weapons track, The Washington Post reported Saturday. The Post's unnamed sources say traces of highly enriched...

2006-06-15 14:03:31

By Doug Palmer WASHINGTON (Reuters) - South Korea should drop its demand to include products made in an industrial park in North Korea in a free trade pact with the United States, a senior Democratic senator said on Thursday. "This issue alone has the potential to sink the U.S.-Korea FTA (free trade agreement)," Sen. Max Baucus, a Montana Democrat, said in a speech on the proposed trade deal. Washington and Seoul already have enough tough issues to tackle in the trade talks without...

2006-06-12 04:15:35

By Jon Herskovitz SEOUL (Reuters) - The U.S. ambassador to South Korea and dozens of other diplomats went on a tour on Monday of an industrial complex in North Korea that has been at the center of a war of words between Seoul and Washington. The trip to the Kaesong Industrial Park, where South Korean firms use cheap land and labor, was arranged after the top U.S. official for human rights in North Korea said the project might simply end up providing funds to prop up Pyongyang's...

2006-06-10 22:12:15

By Jon Herskovitz SEOUL (Reuters) - South Korea's Foreign Ministry will on Monday take the U.S. ambassador and dozens of other diplomats on an unprecedented trip to an industrial complex in North Korea that is at the center of war of words between Seoul and Washington. South Korea said the trip is designed to give U.S. Ambassador to South Korea, Alexander Vershbow, and other diplomats a first-hand view of the industrial complex that Seoul sees as a model of economic integration...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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