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North Korea: Show Me the Money

Posted on Mar 21, 2007

North Korea simply refuses to engage in the six-party talks until it receives $25 million in disputed funds. The disarmament deal struck by Washington and Pyongyang is now being held up by “technical problems.” U.S. negotiator Christopher Hill expressed his frustration: “The problem is, you can’t expect all these large delegations to sit around while it is being sorted out.”

AP via Yahoo:

Delegates at talks on disarming North Korea’s nuclear program voiced impatience Wednesday that the negotiations remained stalled for a second day over a dispute on when $25 million of Pyongyang’s funds will be released from a Macau bank.

North Korea said it would not take part in the six-party negotiations in China’s capital to meet goals outlined in a landmark Feb. 13 disarmament agreement until the money was transferred.

U.S. Assistant Secretary of State Christopher Hill said it was upsetting that no talks had taken place while the problem was being resolved.

“While these forms have been filed out and faxes sent, while that is going on, our nuclear talks have not made progress. That has been the real opportunity cost to this,” he told reporters.

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By DennisD, March 21, 2007 at 6:56 pm Link to this comment
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North Korea is becoming more Americanized everyday. Money talks and Bu$hit walks.
““While these forms have been filed out and faxes sent” - No wonder these useless bureaucrates are upset. That sounds like a lot of hard work. Next time just send the money and the “technical problems” go away. Tony Soprano could have told Hill that. Capire!

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By Kol Klink, March 21, 2007 at 5:19 pm Link to this comment
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We have blown a trillion dollars in Iraq and created a complete debacle but we cant cough up twenty five million to stop N Korea from producing more nuclear weapons? If it looks like a duck and quacks like a duck, its probably a duck.

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By Quy Tran, March 21, 2007 at 5:53 am Link to this comment
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Never use “blow job” foreign policy when talking to communist ! Does Christopher Hill know about it ?

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By Hank Van den Berg, March 21, 2007 at 5:28 am Link to this comment
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The real question is: Is it a coincidence that the U.S. cracks down on one Macao bank just as the 6-party talks seem to be making progress?  The U.S. delegation complains about “technical problems,” but it is the U.S. that caused the “technical problems.”  It is obvious that the U.S. does not want progress, at least not the progress that the other 5 parties in the talks are willing to accept.  I think we have to realize that there simply will not be progress towards peace and disarmament anywhere in the world until George, Dick, Condi & Co. are no longer in a position to undermine the process at every stage.

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