Soon after the high level talks between Pyeongyang and Washington last week, the New York Times reported that the two sides had discussed freezing the North's nuclear fuel and weapons production during negotiationsciting officials from several countries briefed on the talks.
Bloomberg said preparations for Kim Jong-un and President Trump's second summit are taking place in Vietnam.
Citing sources familiar with the matter, Bloomberg said that the February summit is likely to take place in Hanoi, the capital of the Southeast Asian country. But it also said that Danang, and Ho Chi Minh City have also been discussed as possible venues.
Meanwhile, U.S. President Donald Trump has expressed his expectations for his second summit with North Korean leader Kim Jong-un. He took to Twitter Sunday to say that he looks forward to meeting with Chairman Kim at the end of February. A day earlier, Trump also said he had a (quote) "incredible" meeting with the North's nuclear envoy Kim Yong-chol on Friday in Washington.
The South Korean foreign minister and U.S. state secretary exchanged views on the recent high-level talks between Pyeongyang and Washington during a 90-minute phone call on Monday morning.
Seoul's foreign ministry said the two diplomats agreed to work closely together so that the North Korean envoy's recent visit to the U.S. can successfully lead to the implementation the Singapore joint declaration.
They also discussed their defense cost sharing, and promised to come to an agreement soon over the long overdue issue.
Minister Kang Kyung-wha and Secretary of State Mike Pompeo had initially planned to meet in Davos this week, but that plan got scrapped as Pompeo will not be attending the forum there.
The South Korean government has revealed it's going to decommission several coal-fired power plants over the next few years as part of efforts to counter the country's chronic issue with fine dust.
The trade ministry says ten coal plants nationwide will be closed permanently by 2022.
That's three years earlier than the previous deadline of 2025.
The government will also prevent coal plants that have been operational for more than 30 years from operating between March and June this year.
Other measures include boosting investment for environmental facilities and encouraging more energy companies to operate gas-fired power plants.
Korea's trade minister met today with representatives of the nation's exporters - the Korea International Trade Association to discuss ways to support them.
Sitting down with these represenatives of trade-related organizations and companies, Minister Sung Yun-mo promised to hold these meetings every quarter to understand what difficulties they face.
Minister Sung said the government will keep working with local exporters because they're being negatively affected by a slowdown in trade growth and in the semiconductor market.
They discussed some specific measures, such as expanding support for trade insurance provided by Korea Trade Insurance Corporation.
Source: Arirang News
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