Wednesday, April 11, 2007

Deal With DPRK

This article talks about the deal made with North Korea to shut down their nuclear facilities. The US has released its hold on $25 million, which the DPRK required before it would shut down its reactors. I wonder what the chances are that they will actually shut them down, now that they have their money.
The US State Department said authorities in Macau had unfrozen North Korean bank accounts Tuesday, paving the way for the North to start shutting down its nuclear plants. North Korea has refused to shut the Yongbyon nuclear reactor until it receives 25 million dollars in funds frozen in the Banco Delta Asia (BDA) in Macau, after Washington blacklisted the bank for allegedly laundering illicit funds.

And what does the DPRK say it will do with the money?
"We have been assured (the money) is going to be used for humanitarian and education reasons."

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