U.S. offers to help N. Korea's economy if it 'quickly' denuclearizes

U.S. offers to help N. Korea's economy if it 'quickly' denuclearizes

U.S. offers to help N. Korea's economy if it 'quickly' denuclearizes

Secretary of State Mike Pompeo said the USA will be open to helping North Korea rebuild its economy if Kim Jong Un agrees to denuclearize the Korean peninsula.

"If North Korea takes daring motion to rapidly denuclearize the USA is ready to work with North Korea to attain prosperity on the par with our South Korean buddies".

FILE - South Korean President Moon Jae-in and North Korean leader Kim Jong Un, left, are about to shake hands on their first meeting at the truce village of Panmunjom inside the demilitarized zone separating the two Koreas, South Korea, April 27, 2018. Pompeo says if North Korea chooses to give up its nuclear weapons, it could have a future brimming with peace and prosperity.

"What Kim Jong Un has said publicly and in discussions is that he is prepared to negotiate to achieve complete denuclearization of the Korean Peninsula", he said. None of the Korea experts I've interviewed think Kim will give up all his nuclear weapons.

One, people wonder if North Korea's definition of denuclearization is the same as the United States'.

His outside-the-box approach to North Korea - complete with ominous taunts of raining "fire and fury" on the North while belittling its leader as "Little Rocket Man" - alarmed many global capitals and much of Washington's national security establishment, increasing worries about nuclear war. "I would say that Iran and North Korea probably (have) taken up over half of my time, and a lot of that obviously is - is helping him make the decisions and get ready for these meetings".

By contrast, North Korea's GDP is less than $20bn, placing it well outside the top 100 economies.

President Donald Trump is the worst person to deal with Kim.

Pompeo said he had "good, substantive" conversations with Kim in Pyongyang in what was his second meeting with the North Korea leader in less that six weeks, and believed both sides understood the ultimate goal of the summit.

Another scenario has Kim seeking a deal where he gives away his ICBMs but retains some of his shorter-range arsenal in return for a reduced USA military presence in the South.

"If these cultural exchanges continue to develop", he added, "people may freely move back and forth between the South and the North, and in the end, we may reach a day when the South and the North will once again become one".

Early Thursday, Trump personally welcomed three freed Americans returning home from North Korea, declaring, "We're starting off on a new footing" with Pyongyang.

The Trump administration had made clear the it regarded the arrests of the men as politically motivated, and had been critical of North Korea's refusal to grant consular access to the three, other than a brief visit by a USA envoy last June.

Warned by Obama days after his election that the threat posed by Pyongyang could define his presidency, Trump answered Kim's threats with bellicose warnings of his own and rallied an worldwide pressure campaign against North Korea.

Despite the high probability of a meeting between the USA and North Korean leaders, it is yet unclear whether the sides will be able to reach agreement, the expert noted.

Korea rhetoric change due to Kim's "good faith": White House
Giants avoid sweep with win over Pirates