US-North Korea summit preparations are moving forward

As reported by Reuters, a delegation of US officials has met with North Korean representatives at the North-South Korea border as preparations for the US-North Korea summit appear to resume, and the meeting between the two world leaders appears to be back on, despite a public testament from US President Donald Trump last week that the US had decided to pull out of the arranged talks.

Both Pyongyang and Washington are pressing ahead on plans for a summit after Trump pulled out of the proposed June 12 meeting on Thursday, only to reconsider the decision the next day. “A U.S. delegation is in ongoing talks with North Korean officials at Panmunjom,” State Department spokeswoman Heather Nauert said, referring to a village in the Demilitarized Zone (DMZ) that runs along the heavily armed border between North and South Korea. “We continue to prepare for a meeting between the President and North Korean leader Kim Jong Un,” she said in a statement. In addition to those talks, White House spokeswoman Sarah Sanders said a “pre-advance team” left for Singapore - where the summit has been expected to take place - on Sunday morning to work on logistics.

- Reuters

There's a growing sense that North Korea and the US have differing viewpoints on what 'denuclearization' means, but North Korea has stated that it is still open to the idea of successfully holding a summit on June 12th. In previous talks with the US, North Korea has only suggested the dismantling of its entire nuclear arsenal if the US removes all of its troops from South Korea.

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.