​​​
  1. South, North Korea to hold historic first summit in decade

South, North Korea to hold historic first summit in decade

North Korean leader Kim Jong Un is set to cross his country's heavily militarised border with South Korea on Friday.

By: | Seoul | Published: April 27, 2018 1:49 AM
South Korean President Moon Jae-in, North Korean leader Kim Jong Un, us president donald trump, us, north korea, south korea In this April 18 File photo, a South Korean soldier stands outside of the Peace House, the venue for the planned summit between South Korean President Moon Jae-in and North Korean leader Kim Jong Un. (AP)

North Korean leader Kim Jong Un is set to cross his country’s heavily militarised border with South Korea on Friday for the first intra-Korea summit in more than a decade, as the old foes seek to end their decades-long conflict and ease tensions over the North’s nuclear weapons programme.The summit with South Korean President Moon Jae-in will set the stage for Kim to meet with US.President Donald Trump in late May or early June, in what will be an unprecedented first encounter between sitting leaders of the two countries.

Just months ago, Trump and Kim were trading threats and insults as North Korea’s rapid advances in pursuit of nuclear-armed missiles capable of hitting the United States raised fears of a fresh conflict on the Korean peninsula.

South Korea’s Moon will personally greet Kim at the military demarcation line at 9:30 a.m. (0030 GMT), making Kim the first North Korean leader to set foot in the South since the 1950-53 Korean War.

The two will be escorted by South Korean honour guards to an official welcoming ceremony before beginning official dialogue at 10:30 a.m. (0130 GMT) at Peace House, a South Korean building inside the border truce village of Panmunjom.
In a dramatic gesture just days before the summit, Kim announced North Korea would suspend nuclear and long-range missile tests and dismantle its only known nuclear test site.

But scepticism is rampant about whether Kim is ready to abandon the hard-earned nuclear arsenal his country has defended and developed for decades as what it says is a necessary deterrent against U.S. invasion.
South Korea hopes North Korea’s leader on Friday will directly confirm his will for “complete” denuclearisation of the peninsula.

The two neighbours expect to release a joint statement late on Friday – possibly called the Panmunjom Declaration – that could address denuclearisation and peace, and an improvement in relations, South Korean officials said.

Impoverished North Korea and the rich, democratic South are technically still at war because the Korean War ended in a truce, not a peace treaty.

The United States stations 28,500 troops in South Korea as a legacy of the Cold War conflict, which pitted the South, the United States and United Nations forces against the communist North, backed by China and Russia.

On Thursday, Trump said he was considering three or four dates as well as five locations for his meeting with Kim Jong Un, although once again he added that it remained unclear whether the meeting will occur.

Trump has said he expects to meet with Kim in May or June, but he has warned several times that the meeting could be called off if he did not think it could deliver the desired results.

“It could be that I walk out quickly – with respect – but … it could be that maybe the meeting doesn’t even take place,” he told Fox News by telephone. “Who knows. But I can tell you right now they want to meet.”

Friday’s inter-Korean summit will be the third ever after two former South Korean leaders, Kim Dae-jung in 2000 and Roh Moo-hyun in 2007, met with Kim Jong Un’s late father and predecessor, Kim Jong Il, in Pyongyang.

The latest summit has particular significance not least because of its venue: the Demilitarised Zone, a 160-mile (260 km) long, 2.5-mile (4 km) wide strip of land created in the 1953 armistice to serve as a buffer between the South and North.

With heavily armed soldiers and propaganda broadcasts blasted over loudspeakers from both sides, the DMZ has long been a symbol of hostilities on the divided peninsula.

South Korea switched off its propaganda broadcasts on Monday to set a positive tone ahead of the summit, and South Korean residents living near the border said the North Korean broadcasts had also appeared to stop on Tuesday.

South and North Korea are in discussions about a peace agreement that could officially end the state of war, an effort Trump said has his “blessing” if Pyongyang agreed to give up its nuclear arsenal.

For the first time, key moments such as Kim crossing the border into the South, the two leaders shaking hands and walking to the Peace House for their summit talks, will be broadcast live.

The summit includes a dinner where Swiss fried potato rosti, as well as chocolates, macarons and gruyere cheese cakes will be served as a homage to Kim’s childhood spent in Switzerland.

Moon, who took office in May pledging to restore ties with the North and who has tirelessly called for dialogue, helped steer Kim and Trump toward meeting, a major coup for the liberal president.

After dozens of missile launches last year, Kim embarked on a diplomatic offensive at the beginning of the year. Kim sent a delegation to the Winter Olympics in South Korea in February before Trump stunned the world by agreeing to meet Kim to discuss “denuclearisation” of the Korean peninsula.

Now comes the hard part.

The history of failed nuclear negotiations with Pyongyang has made many US officials sceptical of Kim’s true intentions and suspicious of his recent overtures as more of a bid to win relief from wide-ranging UN sanctions and to divide Washington and its allies.
There is also concern that North Korea could insist on taking incremental steps in return for simultaneous incentives from Washington, the kind of a phased approach that US officials have rejected.

Unlike two previous inter-Korean summits, joint economic projects are not expected to be discussed, South Korean officials said. U.N. sanctions imposed since North Korea’s first nuclear test in 2006 and expanded over the past decade deny North Korea a considerable amount of international trade.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top