South Korea: Yoon offers North economic plan in return for denuclearisation

Source: The Guardian [UK]

South Korea’s new president, Yoon Suk-yeol, has offered North Korea ‘an audacious plan’ to transform its creaking economy in return for abandoning its nuclear weapons programme. Speaking on the first day of his presidency on Tuesday, Yoon said: ‘While North Korea’s nuclear weapon programmes are a threat not only to our security and that of North-east Asia, the door to dialogue will remain open so that we can peacefully resolve this threat.’ Yoon has previously vowed to take a tougher stance against Pyongyang than his predecessor, but appears to have avoided provoking the regime amid speculation that it could be preparing to conduct a nuclear test. North Korea has previously rejected incentives tied to progress on abandoning its nuclear weapons and ballistic missiles.” (05/10/22)