Space Industry and Business News  
China Doubts North Korea Will Meet Nuke Deadline

Wu Dawei said issues remained with North Korea's bank account.
by Staff Writers
Tokyo (AFP) April 4, 2007
China's top negotiator with North Korea doubted Wednesday that Pyongyang would meet next week's deadline to shut down nuclear facilities in line with a breakthrough US-backed deal, reports said.

Wu Dawei, speaking to Japanese journalists in Beijing, said a row has yet to be resolved over transferring funds to North Korea that were unfrozen in a concession by the United States, Kyodo News and Jiji Press said.

"There is a gap of a certain size," Wu said, as quoted by Kyodo News.

Asked if North Korea would meet the deadline, Wu said: "I think that will be the outcome. It cannot be helped."

China is North Korea's main ally and the broker of the six-nation talks that led to a February 13 agreement with nuclear-armed Pyongyang.

Under the deal, North Korea promised to shut down and seal its plutonium-producing Yongbyon reactor and other plants by April 14 in exchange for energy aid.

But Pyongyang last month stormed out of talks -- which group the two Koreas, China, Japan, Russia and the United States -- unless it receives some 25 million dollars of its funds frozen in a Macau bank.

Washington in 2005 blacklisted the money in Macau due to accusations of money laundering and counterfeiting. It announced the end of the sanction last month and said it was up to the Macau authorities to release the cash.

But the funds were not immediately transferred and North Korea has insisted it will not cooperate further unless it sees the money. The problem has reportedly stemmed from finding a bank to handle the cash.

Japan has also voiced pessimism on North Korea meeting the deadline.

Source: Agence France-Presse

Related Links
Learn about missile defense at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com
Learn about missile defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


Japan Calls For China Help In North Korea Banking Row
New Delhi (AFP) April 03, 2007
Japan on Tuesday urged China to help secure the release of millions of dollars claimed by North Korea which has held up nuclear disarmament talks until the funds are transferred.







  • All Of Russia Will Have Internet And Phone Access
  • Wildblue High-Speed Internet Via Satellite Triples Capacity With New Satellite
  • Publish, Perish Attitudes Make Profs Balk At Online Publication
  • World Getting Ready To Change The Light Bulb

  • Arianespace To Launch Two Intelsat Payloads
  • Progress On The Sea Launch Investigation And Recovery
  • Two New Payloads For Ariane 5
  • Proton-M Carrier With Canadian Satellite To Be Launched April 10

  • Nondestructive Testing Keeps Bagram Aircraft Flying
  • New FAA Oceanic Air Traffic System Designed By Lockheed Martin Fully Operational
  • NASA Seeks New Research Proposals
  • Germans Urged To Give Foreign Travel A Rest To Curb Global Warming

  • LockMart Team Completes Design Review Phase Of Mobile User Objective System For Navy
  • Boeing Submits Bid To Design AMF JTRS Radio System
  • Raytheon to Pursue US Air Force Network and Space Operations And Maintenance Contract
  • Boeing Helps US Air Force FAB-T Program Win Key Acquisition Award

  • Self-Healing House In Greece Will Dare To Defy Nature
  • Vietnam Establishes Space Technology Institute
  • Boeing And Sun Microsystems Federal Collaborate To Solve Extreme Data Computing
  • Engineers Create Optical Cloaking Design For Invisibility

  • Kathryn Kynard Plays Key Role In Ares I Upper Stage Engine Development
  • William Shernit Joins Intelsat General As President and CEO
  • Northrop Grumman Appoints Catherine Kuenzel And Jill Kale IT Sector Vice Presidents
  • SMA Wins Space Adventures Account

  • USGS Defines Roles For New Satellite Mission
  • ESA Signs Arrangement With New Zealand On Tracking Station
  • DMCii To Launch New Higher-Resolution Satellite Imaging Service
  • First Greenhouse Gas Animations Produced Using Envisat SCIAMACHY Data

  • Glonass System To Be Launched By Year-End
  • Haicom Is Proudly Announce The New HI-601VT GPS GSM Real-Time Tracker
  • Comtech To Supply Movement Tracking Systems To US Army
  • Russia Allocates $380 Million For Glonass In 2007

  • The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement