North, South Korea to hold high-level inter-Korea talks on May 16

Dhwani Mehta FXStreet

South Korea’s Unification Ministry said in a statement, cited by Reuters, North Korea and South Korea agreed on Tuesday to hold high-level inter-Korea unification talks on May 16^th.

The statement read: “The South and North will hold a high-level inter-Korea meeting on May 16 in the Peace House in Panmunjom, to discuss the implementation of ‘Panmunjom Declaration for Peace, Prosperity and Unification of the Korean Peninsula.”

North Korea said on Saturday that it has scheduled the dismantlement of its nuclear bomb test site for some time between May 23-25 in order to uphold its pledge of denuclearization of the Peninsula.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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