Saturday, September 14, 2013

Threats from North Korea - A Week in Review (September 14, 2013)


And now, the week in review of what's what at the Korean peninsula...

September 9, 2013

- Military authorities from South Korea and the USA completed their joint deterrence strategy against North Korea's nuclear threats.

- The US is developing a new weapons system that could potentially reach targets in less than an hour. It can also be used to deter against North Korea or China.

- SoKor President Park Geun-hye and Vietnamese president Troung Tan Sang, decided to hold two additional FTA rounds of negotiations this year, with the first one set to take place on October, which will be the 3rd round of their trade talks.

September 10, 2013

- The two Koreas hold 2nd round of talks of reopening the Kaesong industrial complex.

- South Korea Park Geun-hye visits Vietnam's largest economic city of Ho Chi Minh.

September 11, 2013

- South Korean firms will be allowed to restart operations at Kaesong Complex after a trial run on Monday next week.

- The unification ministry pointed out that even in areas where there was no agreement, considerable progress was made to reduce the gap.

September 12, 2013

- A day after SoKor president Park Geun-hye returned home from Vietnam, the office has announced that the president would like to meet with the leaders of both parties to address concerns the parties may have.

- North and South Korea may be back on the path of improving relations but denuclearization may still be a very long way ahead.

September 13, 2013

- Korea's main opposition Democratic Part decided to accept President Park Geun-hye's proposal for talks between herself and the leaders of the rival parties next Monday.

- Korea's Prosecutor General Chae Dong-wook said that he will resign over claims that he had an illegitimate son.

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