North Korea pays for lavish spending, missile program with black-market trade
- Author: Leroy Wright Jun 23, 2017,
Jun 23, 2017, 12:56
"If South Korea is not willing to use force, that creates an interesting dilemma for the USA if we want to use force".
A 2008 Congressional Research Service report figured North Korea's illicit activities could bring in anywhere from $500 million to $1 billion in profits annually.
Fox News cited officials as saying that the test could be used for a future ICBM capable of hitting the USA or for a new rocket engine to put a satellite into space.
It marked the first time that the North raised the possibility of the conditional suspension of its nuclear and missile provocations since liberal President Moon Jae-in took office in May.
"We have come to a stalemate when it comes to North Korea", she said in response to a question from news.com.au.
North Korea is developing nuclear weapons and missiles at an alarming pace with its stated goal of launching an ICBM capable of hitting the US mainland.
On June 2, the UN Security Council unanimously approved a draft resolution to expand sanctions on the Communist state.
A South Korean Army artillery unit fires a K-55 self-propelled howitzer during a live-fire drill at a training range one day after North Korea test-fired a new intermediate-range ballistic missile the previous day, in the border city of Paju, north of Seoul, South Korea, 22 May 2017.
North Korea has reportedly tested a rocket engine that could be used on an intercontinental ballistic missile.
"Under certain circumstances, we are willing to talk in terms of the freezing of nuclear testing and missile testing", Mr Kye told the Gravitas program on Indian station WION, speaking in English.
In his words, one of the top demands of the regime of Kim Jong-un would be to halt the joint military drills between the United States and South Korea, which Pyongyang denounced as a rehearsal for invasion. "South Korea is spread over 100,000 sqkm area and the density of weapons deployed in the country is very high", the ambassador said explaining the wide gap in its nuclear capability and the US.
South Korea and United States say their annual military exercises are defensive in nature.