Tuesday, 10 May 2022

South Korea’s new president offers aid to North if it ends nuclear programme

South Korea's President Yoon Suk-yeol has called on the North to give up its nuclear weapons in exchange for massive economic aid.

At his swearing-in on Tuesday, Mr Yoon described Pyongyang's missiles as a threat to regional and global security.

“If North Korea genuinely embarks on a process to complete denuclearisation, we are prepared to work with the international community to present an audacious plan that will vastly strengthen North Korea's economy and improve the quality of life for its people,” AFP reported the president as saying.

Pyongyang conducted a record 15 weapons tests since January, including two launches last week.

Mr Yoon, 61, who started work in an underground bunker with a security briefing on North Korea, took office at a time of high tensions on the peninsula.

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The former prosecutor, who won a close election by a razor-thin margin in March, said in his inaugural speech that he would consider sending transformative levels of economic aid to the North, but only if Pyongyang first gives up its nuclear weapons.

Mr Yoon's predecessor had pursued a policy of engagement with Pyongyang, brokering summits between Kim Jong-un and then-US president Donald Trump.

But talks collapsed in 2019 and diplomacy has since stalled.

“While North Korea's nuclear weapon programmes are a threat not only to our security and that of North-east Asia, the door to dialogue will remain open so that we can peacefully resolve this threat,” Mr Yoon said on Tuesday.

The offer of “audacious” aid is a dud, analysts said.

Read More : https://www.thenationalnews.com/world/asia/2022/05/10/south-koreas-new-president-offers-aid-to-north-if-it-ends-nuclear-programme/ 

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