World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Seoul Praises North Korea's Reform Push

Seoul Praises North Korea's Reform Push

Unification Minister Jeong Se-hyun on Wednesday (Sept. 17) made encouraging remarks about Pyongyang for its push to reform the staggering economy.

“We think very highly of the North’s willingness for reform to break through its economic hardship,” Jeong said in an address during an academic conference held at the Korea Press Center in Seoul.

“The North has come to realize that it cannot survive without overcoming its structural problems. Realizing the harsh reality of their situation, they have pushed forward with a series of economic reform measures since July last year,” Jeong said. “We rate their move high ,”

However, Jeong cautioned that the economic steps could face a certain limitation unless the North lures more foreign direct investments and procures relevant materials to implement their programs. “The future of its economy will depend on how they will proceed with inter-Korean economic cooperation and international aid,” Jeong said.

During the speech, he spoke positively about ongoing cross-border economic projects. “The inter-Korean projects have assured the North of the necessity of maintaining momentum as well as establishing military cooperation,” Jeong said. “That is a remarkable outcome,” he added.

The minister said it would take considerable time to settle the North’s nuclear issue once and for all, but “I believe the six-way multilateral talks set a certain pace for peace,”

As the North is well informed of world matters through various channels, it knows the international community will provide economic aid if the North scraps its nuclear weapon ambitions, Jeong noted.

“We will keep persuading Pyongyang to settle the nuclear issue during forthcoming inter-Korean talks including ministerial meetings and economic cooperation consultations both slated for next month,” he said.

© Scoop Media

World Headlines


Timor-Leste: UN Agencies Support Response In Wake Of Deadly Floods

United Nations agencies in Timor-Leste are supporting response efforts, as floods and landslides left widespread damage across the country, including in the capital, Dili. According to media reports, at least 21 people died in the country and many ... More>>

Myanmar: Stop ‘Widespread Violence’ Against Children, UN Officials Urge

Senior United Nations officials on Thursday strongly condemned the ongoing violence by Myanmar’s security forces against civilians, including children, as the members of the Security Council expressed alarm at the rapidly deteriorating situation in ... More>>

COVID-19 Origins Report Inconclusive: We Must ‘Leave No Stone Unturned’ – WHO Chief

The report from a team of international scientists assembled by the World Health Organization (WHO) to examine how COVID-19 first spread to humans was published on Tuesday, and was described by the UN health agency’s chief as a welcome start, ... More>>

Focus On: UN SDGs

Department Of Global Communications: UN Secretary-General António Guterres’ Message For World Health Day 2021

5 APRIL 2021 As COVID-19 Reveals Immoral Inequities in Health System, Secretary-General Observance Message Calls for Applying Policies, Assigning Resources to Ensure Everyone Thrives Following is UN Secretary-General António Guterres’ message for World ... More>>

Global Development: Responding To COVID-19 Pandemic, Young People Advocate For Bold Solutions

From climate action to addressing inequalities and building peace, youth leaders scale up efforts to achieve the Sustainable Development Goals 7 to 8 April 2021 Follow on UN Web TV Youth leaders, activists and youth-led organizations around the world ... More>>

SDG Action Awards: Winners Announced

Mobilizing, inspiring, and connecting individuals around the globe to #TurnItAround for people and planet Bonn, Germany, 25 March - The 2020 SDG Action Awards Ceremony, which took place on 25 March as a part of the fifth SDG Global Festival of Action ... More>>