Politics
22:57, 13-May-2018
Pompeo says Pyongyang denuclearization leads to sanction relief and US investment
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US Secretary of State Mike Pompeo said Sunday that if the Democratic People's Republic of Korea (DPRK) agrees to fully dismantle its nuclear weapons program, then the United States will ease sanctions on DPRK's economy and even allow US companies to invest in the country.
Pompeo told Fox News Sunday that if the DPRK agrees to dismantle nuclear program, it will lead to "sanction relief".
His words came a day after Pyongyang said it will dismantle its nuclear site sometime between May 23 and 25, upholding its previous pledge to discontinue nuclear test.
DPRK leader Kim Jong Un shakes hands with US Secretary of State Mike Pompeo in this undated photo released on May 9, 2018 by DPRK'S Korean Central News Agency (KCNA) in Pyongyang. /KCNA Photo
DPRK leader Kim Jong Un shakes hands with US Secretary of State Mike Pompeo in this undated photo released on May 9, 2018 by DPRK'S Korean Central News Agency (KCNA) in Pyongyang. /KCNA Photo
He also promised there would be private sector American companies to "help build out the energy grid that needs enormous amounts of electricity in the country.
Americans will also help invest in the country's infrastructure and agriculture to help feed its people if the country meets US demands, he added.
US President Donald Trump and DPRK's leader Kim Jong Un will hold a historic meeting in Singapore on June 12. Trump has stressed the meeting will be an important step for the denuclearization of the Korean Peninsula.
Source(s): Reuters