Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Koreas seek better ties at rare high-level talks  Join our daily free Newsletter

MENAFN - The Peninsula - 13/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - The Peninsula) North and South Korea held their first high-level talks in seven years on their fortified border yesterday, exploring ways to improve ties while the South and the United States geared up for military exercises that have angered the North



The meeting was set up with unusual speed and great secrecy at the North's suggestion last week, the latest example of conflicting signals coming from North Korea that included an abrupt cancellation of an invitation for a US envoy to visit



The two sides met at the Panmunjom truce village on the border with no prearranged agenda and discussed a range of issues including reunions of families separated during their 1950-53 Korean War, a South Korean official said. The North has demanded that the South and the United States scrap the military exercises, due to start later this month, but both sides have plenty of incentives to seek a deal that could break their long stalemate



"For the North, if it comes back with an accomplishment in terms of improved South-North ties, it will mean a better atmosphere for Kim Jong Un to visit China and a justification to pursue high-level talks with the United States," said Cheong Seong-chang, an expert at the Sejong Institute outside Seoul



North Korean leader Kim is believed to be seeking a visit to China, the North's greatest ally and main benefactor, to reinforce his legitimacy as leader. In his early 30s, Kim took power when his father died suddenly in 2011



The South Korean delegation was led by President Park Geun-hye's deputy national security adviser. North Korea has sent the second-highest ranking official in the ruling Workers' Party department charged with ties with the South. The meeting comes a week before the two sides are scheduled to hold reunions of family members separated since the Korean War at the Mount Kumgang resort just inside the North, which is considered a major humanitarian event by the South



However, the North has threatened to cancel the reunions, citing a sortie last week by a nuclear-capable US B-52 bomber near the Korean peninsula. The North has also called the annual military exercises between South Korean and US forces a rehearsal for war despite repeated assertions by Seoul and Washington that the drills are routine and defensive. The United States has about 28,500 troops stationed in South Korea.



North Korea has cancelled an invitation for US human rights envoy Robert King to visit Pyongyang to discuss the release of imprisoned US missionary Kenneth Bae, which had been expected to come as early as this week. South Korea halted all trade and most investment with the North in May 2010 after the sinking of one of its warships, which it blamed on Pyongyang.



A joint factory project in the North's border city of Kaesong, which generates about 90m annually in wages for the impoverished state, is the last remaining symbol of economic cooperation between the two Koreas

 


The Peninsula




  MENA News Headlines
 Aug 5 2015 - UAE- RTA opens final stage of Al Yalayes Rd on FridayEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Roads and Transport Authority (RTA) will open on Friday the final stage of Al Yalayes Road completing the link of Sheikh Mohamed bin Zayed Road (at Al Houdh ...

 Aug 5 2015 - Jordan to host the UN-supported Global Forum on Youth, Peace and SecurityJordan News Agency
(MENAFN - Jordan News Agency) The Hashemite Kingdom of Jordan, in partnership with the United Nations and international civil society organizations, will host the first Global Forum on Youth, Peace ...

 Aug 5 2015 - Jordan, Saudi Arabia to bolster strategic, military cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Jordan and Saudi Arabia agreed Tuesday to bolster bilateral strategic, economic, military, and security cooperation between the two countries, in addition to ...

 Aug 5 2015 - EU gives 12 mln euro in new aid for crisis in YemenKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The European Commission announced Wednesday that it is increasing its humanitarian aid by 12 million euro for people affected by the crisis in Yemen.Out of the 12 ...

 Aug 5 2015 - UK to extend air strikes over IraqJordan News Agency
(MENAFN - Jordan News Agency) The UK is to extend air strikes by RAF Tornados against the Islamic State group(ISIS), by an extra year, to March 2017, the defense secretary has said.Michael Fallon, ...

 Aug 5 2015 - U.S. Puts new sanctions on energy networks helping SyriaJordan News Agency
(MENAFN - Jordan News Agency) The U.S. Department of Treasury said late Monday, it placed sanctions on international networks allegedly providing energy products to the Syrian regime of Bashar al ...

 Aug 5 2015 - Jordan rejects plans to reduce UNRWA's servicesJordan News Agency
(MENAFN - Jordan News Agency) A Jordanian parliament's committee for Palestine affairs, on Tuesday, discussed plans by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to ...

 Aug 5 2015 - 200 Palestinian children locked up in Israeli jailsJordan News Agency
(MENAFN - Jordan News Agency) Israel continues its aggression against Palestinian children in the occupied territories, despite calls to end the ill-treatment of minors during and after arrests.The ...

 Aug 5 2015 - India- Amrapali Fincap gets listed with BSE SMEKNN India
(MENAFN - KNN India) One more firm, Amrapali Fincap Limited, got listed with the BSE SME platform today taking the total number of listed companies to 104. "Trading Members of the Exchange are hereby ...

 Aug 5 2015 - UAE du net profit plunges 8 percent in Q2MENAFN
(MENAFN) UAE's second-largest telecom operator du reported an 8 percent decline in its net profit in the second-quarter period, matching analysts' estimates.The telecom operator, which was introduced ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help