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


IPPPR: The Independent Panel Calls For Urgent Reform Of Pandemic Prevention And Response Systems

Expert independent panel calls for urgent reform of pandemic prevention and response systems The Independent Panel for Pandemic Preparedness and Response is today calling on the global community to end the COVID-19 pandemic and adopt a series of bold and ... More>>

NGO Coalition On Human Rights: Call For A Stop To Police Brutality In Fiji

A viral video has circulated online showing two police officers utilising disproportionate and excessive force in detaining the suspect, an individual half their size. In the video it shows the man’s head being pressed down on the ground, his arms being ... More>>

UN: India’s New COVID-19 Wave Is Spreading Like ‘Wildfire’, Warns UN Children’s Fund

7 May 2021 A new wave of COVID-19 infections is spreading like “wildfire” across India, leaving many youngsters destitute, the UN Children’s Fund UNICEF said on Friday. In the last 24 hours, India registered 3,915 coronavirus deaths and 414,188 ... More>>

Focus On: UN SDGs

UN: Economic Recovery Under Threat Amid Surging COVID Cases And Lagging Vaccination In Poorer Countries

New York, 11 May — While the global growth outlook has improved, led by robust rebound in China and the United States, surging COVID-19 infections and inadequate vaccination progress in many countries threaten a broad-based recovery of the world ... More>>

Study: Cut Methane Emissions To Avert Global Temperature Rise

6 May 2021 Methane emissions caused by human activity can be reduced by up to 45 per cent this decade, thus helping to keep global temperature rise to 1.5 degrees Celsius in line with the Paris Agreement on climate change, according to a UN-backed ... More>>

UN: Learning From COVID-19, Forum To Highlight Critical Role Of Science, Technology And Innovation In Global Challenges

New York, 4 May —To build on the bold innovations in science, technology and innovations that produced life-saving solutions during the COVID-19 pandemic, the UN will bring together experts to highlight measures that can broaden the development and deployment ... More>>