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Showing posts with label South Korea (ROK). Show all posts
Showing posts with label South Korea (ROK). Show all posts

Sunday, 24 February 2019

2nd Kim-Trump summit deserves more support

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Live: Kim arrives in Vietnam ahead of summit with Trump 第二次特金会 金正恩抵达越南
https://youtu.be/XMTJu1SeLUE North Korea's Kim Jong-un takes train to China - BBC News
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Inside train used by Kim Jong-un to travel to China - BBC News
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Kim Jong-un en route to Vietnam summit by train
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According to media reports, North Korean leader Kim Jong-un left Pyongyang by train for Vietnam on Saturday for his second summit with US President Donald Trump in Hanoi, which reportedly will be held on February 27 and 28.

The upcoming second summit sends positive signals, indicating that Pyongyang and Washington have been moving forward on both denuclearization and permanent peace for the Korean Peninsula since the first summit last June.

Nonetheless, there exist anxieties among certain American and South Korean elites. They worry Trump may make too many concessions and harm Seoul's interests. In their view, the first Kim-Trump summit was a failure and Trump should not repeat the mistake in the upcoming meeting.

North Korea-US relations achieved a major breakthrough since the first summit, providing a new impetus for fundamentally solving the peninsula issue. However, those elites proclaimed that Trump's decision to stop the US-South Korea joint military exercise was a unilateral concession, while North Korea did nothing.

Pyongyang declared it would cease nuclear and missile testing, and dismantle its nuclear test site. According to this logic, did Pyongyang make a unilateral concession?

There is a serious lack of mutual trust between the US and North Korea. Washington requests Pyongyang to abandon nuclear weapons completely, while Pyongyang desires security guarantee and permanent peace on the peninsula. Both sides have been playing the game with their own chips from the outset, making the denuclearization process somewhat fragile.

Nonetheless, denuclearization is not something that can be accomplished in a single action, but through a cumulative process.

There are no more nuclear and missile tests, nor US-South Korea joint military exercises on the Korean Peninsula. Even verbal battles and threats between Washington, Seoul and Pyongyang have faded.

In addition, bilateral meetings between Pyongyang and Washington, and between Pyongyang and Seoul have been constantly taking place.

Both denuclearization and permanent peace on the peninsula are positive targets. From the perspective of the big picture, there is no need to argue which country is moving faster toward the two ultimate goals.

The old thinking must be altered of demanding only the other party take the initiative but using one's own responsibilities as a bargaining chip.

Both Washington and Pyongyang were once extremely tough. Now the peninsula's situation has been finally reversed. Trump has shown the will to move forward, which should be encouraged by both the US and South Korea.

The US partisan struggle should not take the Korean Peninsula issue as a new battlefield. As for concerns among some South Korean people, it is a disturbed way of thinking to worry US-North Korea reconciliation may undermine the US-South Korea alliance.

China welcomes the second Kim-Trump summit. Chairman Kim's travel through China from the north to south by train is meaningful. China has played a constructive role in Pyongyang's new routes. Beijing is both a promoter and a stakeholder in this summit.

We hope that the second summit will achieve new breakthroughs. Although the peninsula issues are complex, peace is obviously a good thing. Nothing is impossible to overcome.

Newspaper headline: Kim-Trump summit deserves more support -Source:Global Times

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Wednesday, 20 June 2018

Benefits of Korean unification likely to be internal


Although there's still uncertainty over prospects for peace on the Korean Peninsula, it seems that South Korea is highly optimistic about the economic aspect of its cooperation with North Korea.

North Korea has a population of about 25 million. The largest city, the capital of Pyongyang, has about 3.2 million people and other cities generally have populations of about 300,000. The country's per capita GDP is a mere $530.

By comparison, with a population of 51 million, South Korea boosts per capita GDP of more than $27,500. But South Korea's economic growth is believed to have peaked, and its export-oriented growth model has run into trade protectionism.

If the hypothesis of merging and unifying North and South Korea were true, South Korea's population would increase by 50 percent. In light of this, although North Korea's GDP is a negligible fraction of that of South Korea, there is a chance that South Korea could see a 50 percent rise in its GDP that now adds up to $1.4 trillion. With a GDP of more than $2.1 trillion, a unified Korea would have an economy half the size of Japan's, or larger than the economies of Brazil, Italy or Canada.

South Korea's economy is dominated by family-owned conglomerates known as chaebol, with the top 10 chaebol accounting for a hefty part of GDP. Economic growth is seen mainly benefitting big chaebol such as Samsung and Hyundai, which in theory would have the opportunity of maintaining a fairly high rate of wealth growth over the next 10 years.

An assessment of Asia's economic future based upon the hypothesis of Korean unification indicates that it would be hard for Japan, China and even the US to derive any meaningful economic benefit from such an outcome.

North Korea's abundant pool of cheap labor and its market eager to see wealth growth will mostly benefit South Korea. In the past, China used to host a certain number of North Korean workers, but that was during an era when North Korea was blockaded by the outside world and could only rely on China for foreign-currency earnings.

If Korean unification, or to be exact the two nations' economic unification, becomes a reality, the situation will change. In this case, China or Japan will be just onlookers.

China might even find itself challenged by a unified Korea with lower costs in the world market. Japan might fare slightly better, considering its technological advantages and traditional partnerships with South Korean business groups. The benefits the US would get from unification would be limited or nil, taking into account uncertainties about its geopolitical interests.

For the world economy with total GDP of more than $70 trillion, Korean unification is likely to boost global growth by 1 percent. But much is still uncertain if this scenario is to play out.

North and South Korea still face tough obstacles including ideology, capital, nuclear weapons and internal political stability on the path toward genuine unification. The outcome also depends particularly on US political moves. Nevertheless, amid uncertainties there seems to be one certainty: The only way to avoid risk is to have the foresight to make future-proof plans.

By Chen Gong Source:Global Time
The author is the chief research fellow with Beijing-based private strategic think tank Anbound. bizopinion@globaltimes.com.cn

Related:

Kim Jong-un visits China for 3rd time in three months

Chinese President Xi Jinping met North Korean leader Kim Jong-un in Beijing on Tuesday, and the two leaders discussed topics including the US-North Korea summit in Singapore.
Source: Global Times | 2018/6/19 22:53:39


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Tuesday, 12 June 2018

Korean historic Kim-Trump summit begins with handshake in Sinapore, is 'very, very good'

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China Air carried Kim to Singapore talks with Trump
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The historic meeting on Tuesday between North Korean leader Kim Jong-un and US President Donald Trump began with a handshake at the Capella hotel, Singapore.

The handshake lasted about 20 seconds before the two leaders walked to the meeting room accompanied by their interpreters.

Trump and Kim sat next to each other and answered a few questions from the media. Trump said he hopes the historic summit would be "tremendously successful,” adding, "We will have a terrific relationship ahead" as he faced Kim.

Kim said there were a number of “obstacles” and “prejudices” which made today’s meeting more difficult. “We overcame all of them and we are here today,” he told reporters through a translator.

Of particular note is the display of the two countries’ flags at the hotel, which is unusual between two countries with no formal diplomatic ties. Observers believe that this is a positive sign.

Trump arrived at the hotel about 8:30am, with Kim arriving five minutes after.

Displaying the national flag of North Korea shows that the US wants to express its sincerity and kindness to North Korea, Cheng Xiaohe, an associate professor at the Renmin University of China's School of International Studies, told the Global Times on Tuesday.

“The move toward establishing formal diplomatic ties could be an achievement of the summit,” Cheng said.

Hundreds of journalists are gathered at the Press Filing Center of the JW Marriott Hotel Singapore, where they can watch the livestream of the historic moment. Dozens of photographers attempted to get closer to Sentosa Island in the morning to film and take photos for the two leaders’ motorcades.

Trump and Kim met alone at 9:15 am and held an expanded bilateral meeting 45 minutes after. At 11:00, the two leaders are scheduled to have a working luncheon. Trump will leave Singapore at 7pm on Tuesday, the White House said.

Trump says summit with North Korea's Kim is 'very, very good'


SINGAPORE: U.S. President Donald Trump said he had forged a "good relationship" with North Korean leader Kim Jong Un at the start of a historic summit in Singapore on Tuesday, as the two men sought ways to end a nuclear standoff on the Korean peninsula.

Should they succeed in making a diplomatic breakthrough, it could bring lasting change to the security landscape of Northeast Asia, like the visit of former U.S. President Richard Nixon to China in 1972 led to the transformation of China.

"There will be challenges ahead," Kim said, but he vowed to work with Trump. Both men sat against in the hotel's library against a backdrop of North Korean and U.S. flags, with Kim beaming broadly as the U.S. president gave him a thumbs up.

With cameras of the world's press trained on them, Trump and Kim displayed an initial atmosphere of bonhomie.

Both men had looked serious as they got out of their limousines for the summit at the Capella hotel on Singapore's Sentosa, a resort island with luxury hotels, a casino, manmade beaches and a Universal Studios theme park.

But they were soon smiling and holding each other by the arm, before Trump guided Kim to the library where they held a meeting with only their interpreters. Trump had said on Saturday he would know within a minute of meeting Kim whether he would reach a deal.

After some initial exchanges lasting around 40 minutes, Trump and Kim emerged, walking side-by-side through the colonnaded hotel before re-entering the meeting room, where they were joined by their most senior officials.

Kim was heard telling Trump through a translator: "I think the entire world is watching this moment. Many people in the world will think of this as a scene from a fantasy...science fiction movie."

Asked by a reporter how the meeting was going, Trump said: "Very good. Very, very good. Good relationship."

Kim also sounded positive about the prospects.

"We overcame all kinds of scepticism and speculations about this summit and I believe that this is good for the peace," he said.

Trump was joined by Secretary of State Mike Pompeo, National Security Adviser John Bolton, and John Kelly, White House Chief of Staff, for the expanded talks, while Kim's team included former military intelligence chief Kim Yong Chol, foreign minister Ri Yong Ho and Ri Su Yong, vice chairman of the ruling Workers' Party.

MARKETS CALM

As the two leaders met, Singapore navy vessels, and air force Apache helicopters patrolled, while fighter jets and an Gulfstream 550 early warning aircraft circled.

Financial markets were largely steady in Asia and did not show any noticeable reaction to the start of the summit. The dollar was at a three-week high and the MSCI index of Asia-Pacific shares was largely unchanged from Monday.

While Trump and Kim search each other’s eyes and words for signs of trust or deceit, the rest of the world will be watching, hoping that somehow these two unpredictable leaders can find a way to defuse one of the planet's most dangerous flashpoints.

A body language expert said both men tried to project command as they met, but also displayed signs of nerves.

In the hours before the summit began, Trump expressed optimism about prospects for the first-ever meeting of sitting U.S. and North Korean leaders, while Pompeo injected a note of caution whether Kim would prove to be sincere about his willingness to denuclearise.

Officials of the two sides held last-minute talks to lay the groundwork for the summit of the old foes, an event almost unthinkable just months ago, when they were exchanging insults and threats that raised fears of war.

Staff-level meetings between the United States and North Korea were going "well and quickly," Trump said in a message on Twitter on Tuesday. But he added: "In the end, that doesn't matter. We will all know soon whether or not a real deal, unlike those of the past, can happen!"

The combatants of the 1950-53 Korean War are technically still at war, as the conflict, in which millions of people died, was concluded only with a truce.

On Tuesday morning, Pompeo fed the mounting anticipation of diplomatic breakthrough, saying: "We're ready for today."

He earlier said the event should set the framework for "the hard work that will follow", insisting that North Korea had to move toward complete, verifiable and irreversible denuclearisation.

North Korea, however, has shown little appetite for surrendering nuclear weapons it considers vital to the survival of Kim's dynastic rule.

Sanctions on North Korea would remain in place until that happened, Pompeo said on Monday. "If diplomacy does not move in the right direction ... those measures will increase."

He added: "North Korea has previously confirmed to us its willingness to denuclearise and we are eager to see if those words prove sincere."

The White House said later that discussions with North Korea had moved "more quickly than expected" and Trump would leave Singapore on Tuesday night after the summit, rather than Wednesday, as scheduled earlier.

Kim is due to leave on Tuesday afternoon, a source involved in the planning of his visit has said.

One of the world's most reclusive leaders, Kim visited Singapore's waterfront on Monday, smiling and waving to onlookers, adding to a more affable image that has emerged since his April summit with South Korean leader Moon Jae-in. 'CHANGED ERA'

Just a few months ago, Kim was an international pariah accused of ordering the killing of his uncle, a half-brother and scores of officials suspected of disloyalty.

The summit was part of a "changed era", North Korea's state-run KCNA news agency said in its first comments on the event.

Talks would focus on "the issue of building a permanent and durable peace-keeping mechanism on the Korean peninsula, the issue of realising the denuclearisation of the Korean peninsula and other issues of mutual concern", it added.

Ahead of the summit, North Korea rejected unilateral nuclear disarmament, and KCNA's reference to denuclearisation of the peninsula has historically meant it wants the United States to remove a "nuclear umbrella" protecting South Korea and Japan.

Trump spoke to both South Korea's Moon and Japan's Prime Minister Shinzo Abe on Monday to discuss developments ahead of the summit.

"I too, got little sleep last night," Moon told his cabinet in Seoul as the summit began in Singapore.

"I truly hope it will be a successful summit that will open a new age for the two Koreas and the United States and bring us complete denuclearisation and peace." - REUTERS

Related:


Kim Jong-un visits China for 3rd time in three months

Chinese President Xi Jinping met North Korean leader Kim Jong-un in Beijing on Tuesday, and the two leaders discussed topics including the US-North Korea summit in Singapore.

Saturday, 10 February 2018

PyeongChang Winter Olympics Opening Ceremony 2018 displays unity of two Koreas

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Delegations from the DPRK and the ROK march under the Korean unification flag during the Parade of Nations at the opening ceremony. /VCG Photo

The 2018 Winter Olympics in Pyeongchang began with a rare display of unity from South Korea and North Korea. Olympic athletes from both nations marched together during the Opening Ceremony in South Korea.

“United in our diversity, we are stronger than all the forces that want to divide us,” International Olympic Committee President Thomas Bach said Friday during the ceremony.

The unified flag of Korea was jointly carried into Pyeongchang Stadium by South Korean bobsledder Won Yun-jong and North Korean ice hockey player Hwang Chung-gum. The united contingent of athletes was the last to walk in the parade of nations.

Top DPRK leader invites S.Korean president to visit Pyongyang


Kim Jong Un, top leader of the Democratic People's Republic of Korea (DPRK), invited South Korean President Moon Jae-in to visit the DPRK at Moon's convenient time, the presidential Blue House said Saturday.

Kim Eui-kyeom, spokesman for President Moon, told a televised press briefing that Kim Yo Jong, the younger sister of the DPRK leader, delivered a letter of Kim Jong Un to Moon showing Kim's willingness to improve inter-Korean relations.

The younger Kim delivered the DPRK leader's message, saying the DPRK leader is willing to meet President Moon at an earliest possible date.

The invitation was made during an informal meeting between Moon and the DPRK's Olympic delegation, including the younger Kim who serves as the first vice director of the Central Committee of the ruling Workers' Party of Korea.

In response, Moon said, "Let's create conditions going forward and make it."

The DPRK delegation was led by Kim Yong Nam, president of the Presidium of the Supreme People's Assembly. Two other senior delegates attending the meeting were Choe Hwi, chairman of the National Sports Guidance Committee, and Ri Son Gwon, chairman of the Committee for the Peaceful Reunification of the Fatherland.

The meeting and luncheon, not disclosed to the media, lasted for about three hours at the presidential complex.

It marked the first time in eight and a half years that a ranking DPRK delegation visited South Korea's presidential complex.

In August 2009, the DPRK sent a high-ranking condolence delegation to bid farewell to late South Korean President Kim Dae-jung who held the first inter-Korean summit with late DPRK leader Kim Jong Il, father of the current leader.

The meeting between President Moon and the DPRK delegates was held informally, not made open to the media.

Attending the informal meeting from the South Korean side are the spy agency chief, the unification minister, the presidential chief of staff and the top presidential security advisor.

The DPRK delegates are scheduled to return back to their homeland on Sunday. - Global Times