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Long path ahead on N. Korea's nukes
The north's invitation to nuclear inspectors is welcomed, but the US and S. Korea say more steps are needed to comply with February's six-party accord.
By Donald Kirk | Correspondent of The Christian Science Monitorfrom the June 18, 2007 edition
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SEOUL, South Korea - An invitation by North Korea to the International Atomic Energy Agency to talk about shutting down its lone nuclear reactor marks the first hopeful step in what may be an arduous process of getting the North to give up its entire program.
Even if IAEA inspectors verify the shutdown of the aging five-megawatt reactor at the nuclear complex at Yongbyon, North Korea may be far from ready to come clean on all it's doing, analysts say.
The North Koreans "will be more cooperative," says Kim Kyu-ryoon, director of North-South Korean cooperation at the Korea Institute of National Unification, "but expectations have been lowered."
Mr. Kim says that a two-month delay in beginning to fulfill the first step of the six-nation agreement reached in Beijing on North Korea's nukes has blunted momentum while building "mistrust between the parties."
North Korea was to have shut down the reactor by April 14, 60 days after the signing on Feb. 13 of a six-nation agreement under which the North stands eventually to get billions of dollars in aid.
North Korea held back, however, demanding first the transfer of $25 million held in accounts in an obscure Asian bank. The bank had been blacklisted by the US for serving as a conduit for $100 "supernotes" counterfeited in Pyongyang.
Over the weekend, two days after Macao authorities reported the funds as having moved from Banco Delta Asia in Macao, Pyongyang's Korean Central News Agency (KCNA) announced North Korea's openness to receiving IAEA inspectors for the first time since expelling them at the end of 2002.
Ri Je-son, director-general in North Korea's General Department of Atomic Energy, had written the IAEA regarding "discussion of the procedures," said the KCNA report, for "suspension of the operation of nuclear facilities at Yongbyon under the Feb. 13 agreement."
KCNA said the letter had gone because the transfer was under way. The funds, under a deal engineered by the US State and Treasury departments, have moved from "BDA," as the bank is known, to the Federal Reserve Bank in New York. From there they went to the Russian central bank, which has agreed to turn them over to North Korea.









