US-North Korea summit preparations are moving forward - Reuters
As reported by Reuters, a delegation of US officials has met with North Korean representatives at the North-South Korea border as preparations for the US-North Korea summit appear to resume, and the meeting between the two world leaders appears to be back on, despite a public testament from US President Donald Trump last week that the US had decided to pull out of the arranged talks.
Both Pyongyang and Washington are pressing ahead on plans for a summit after Trump pulled out of the proposed June 12 meeting on Thursday, only to reconsider the decision the next day. “A U.S. delegation is in ongoing talks with North Korean officials at Panmunjom,” State Department spokeswoman Heather Nauert said, referring to a village in the Demilitarized Zone (DMZ) that runs along the heavily armed border between North and South Korea. “We continue to prepare for a meeting between the President and North Korean leader Kim Jong Un,” she said in a statement. In addition to those talks, White House spokeswoman Sarah Sanders said a “pre-advance team” left for Singapore - where the summit has been expected to take place - on Sunday morning to work on logistics.
- Reuters
There's a growing sense that North Korea and the US have differing viewpoints on what 'denuclearization' means, but North Korea has stated that it is still open to the idea of successfully holding a summit on June 12th. In previous talks with the US, North Korea has only suggested the dismantling of its entire nuclear arsenal if the US removes all of its troops from South Korea.
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Joshua Gibson
FXStreet
Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.
