Initially reported as accepting the request:
has accepted a Russia request that a Russian bank help end a stalemate over frozen North Korean funds that has halted progress in the North's nuclear disarmament.” U.S.
Now is has been agreed upon:
has agreed to help the Russia break the impasse over a long-running banking dispute.” United States
“The communist state insists on a transfer rather than a withdrawal to prove it has regained access to the international banking system.”
All previous reporting of this subject and excepting the paltry sum of it indicated North Korean claims of not closing down the Yongbyon reactor due to its not receiving the $25 million. Now the North’s claim is that they wanted a transfer, which to them is seen as a regaining of access to the international banking system.
Let’s see if it plays out like the following:
’s private bank agrees to the transaction as long it is not nailed with the penalties of doing business with Russia . North Korea receives its $25 million. North Korea does not meet its obligation to close down Yongbyon because it does not have regular access to the international banking system. North Korea
Trackposted to Blog @ MoreWhat.com, Perri Nelson's Website, Committees of Correspondence, Big Dog's Weblog, Maggie's Notebook, On the Horizon, The Pet Haven Blog, Webloggin, Cao's Blog, Leaning Straight Up, The Bullwinkle Blog, The Amboy Times, Colloquium, Conservative Cat, third world county, stikNstein... has no mercy, The World According to Carl, Nuke's news and views, Pirate's Cove, The Pink Flamingo, Gulf Coast Hurricane Tracker, Dumb Ox Daily News, High Desert Wanderer, and Right Voices, thanks to Linkfest Haven Deluxe.