Wednesday, October 03, 2007

North Korea, Kim Jong-il back down on nuclear program in exchange for oil.

Talks that began Aug. 27 in Beijing appear to bear the fruit of progress as the North Korea has agreed to shut down its primary nuclear reactor and to give disclosure of information on its nuclear program by Dec.1.

Seeking to remove North Korean from the American list of terrorist nations, a blueprint has been drawn for the slow process of removing North Korea from the terror list.

A US-led team of technicians to oversee the dismantling of the major nuclear power plant which produced the weapons tested over the Indian Ocean last November.

As a concession, and despite suspicions that North Korea supplied Syria with nuclear weapons, members of the negotiation team agreed to fulfill a pact made in February to re-supply Korea with oil (The US, Japan and South Korea stopped the influx of fuel supplies Nov. 11, 2002, check out the CNN timeline ). Russia, South Korea and China have agreed to send nearly a million tons of oil to North Korea. President Bush added another 50,000 tons, worth approximately $25 million, to the tally.

North Korea joined the six-way negotiation talks seeking a “non-aggression” pact with the US, and has made some headway.

Japan stated Wednesday that it would cease providing aid of any kind to North Korea because Pyongyang has delayed response to a dispute over the return of several Japanese nationals kidnapped in North Korea.

South Korea has come to the table of negotiation with North Korea for the first time since the Korean War.

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