AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

US President Donald Trump said the North Korean nuclear crisis is a long way from being resolved on Sunday, striking a cautious note a day after the North's pledge to end its nuclear tests raised hopes before planned summits with South Korea and the United States.
"We are a long way from conclusion on North Korea, maybe things will work out, and maybe they won't - only time will tell," Trump said on Twitter. North Korea said on Saturday it was suspending nuclear and missile tests and scrapping its nuclear test site, and instead pursuing economic growth and peace.
World leaders welcomed the announcement, but some expressed doubts about Kim's intentions and South Korean President Moon Jae-in will be under intense international scrutiny when he meets him on Friday at the first North Korea-South Korea summit in more than a decade. In a tweet minutes before he tempered enthusiasm about the North's statement, Trump interpreted it as a pledge to denuclearize: "Wow, we haven't given up anything & they have agreed to denuclearization (so great for World), site closure, & no more testing!"
However, Kim's announcement did not include a commitment to scrap existing nuclear weapons and missiles, and there are doubts he would ever give up the nuclear arsenal his country has been developing for decades. Kim said North Korea no longer needed to test nuclear bombs or intercontinental ballistic missiles now that his country had the weapons, and he would gear all efforts toward economic development.
With past failures in mind, some expressed concern about the North's intentions.
"North Korea has a long history of raising the issue of denuclearisation and has committed to freeze its nuclear weapons programmes in the past. We all remember how those pledges and commitments went down over past decades," said Nam Sung-wook, a professor of North Korean Studies at Korea University in Seoul.
"Although the North's announcement is quite dramatic, it's natural for the world to be extra sensitive to every word spoken by Kim." In Washington, Bob Corker, the Republican chairman of the Senate Foreign Relations Committee, said the US government viewed Kim's pledge with skepticism.
"This is a great public relations effort by Kim Jong Un," Corker said on CNN. "I think everyone within the administration and Congress approaches this with skepticism and caution."
Kim is expected to meet Trump in late May or early June, the first meeting between sitting leaders of the two countries. CIA Director Mike Pompeo, Trump's nominee to become the next secretary of state, secretly visited North Korea and met with Kim to discuss the summit three weeks ago. Senator Tom Cotton, told CBS' "Face the Nation" he hoped the three Americans detained by North Korea would be released before any meeting. The Republican was unimpressed by the North's overture, saying it "is better than continued testing but it's not much better than that."
US officials say North Korea had in the past repeatedly reneged on denuclearisation agreements, the latest in 2012 when the North launched a long-range rocket after agreeing to a moratorium on missile testing.
White House legislative affairs director Marc Short said on NBC's "Meet the Press" the US goal remains "full denuclearization" in which Pyongyang no longer has nuclear weapons.
South Korea said the North's testing pledge signified "meaningful" progress that would create good conditions for successful summits with Seoul and Washington.
Moon, who welcomed Kim's announcement as a "major" step toward denuclearisation, is making Friday's summit his sole focus this week, a Blue House official said on Sunday.
For the past few weeks, South Korea has been renovating Peace House, on its side of Panmunjom, to prepare for the summit with Kim, who will be the first North Korean leader to set foot in the South since the 1950-1953 Korean War. Moon now has a direct phone link with Kim on his office desk, instead of having to communicate through a hotline at the Joint Security Area in Panmunjom, which had been the main channel between the two sides over the Winter Olympics in February.
The two leaders are expected to talk over the newly installed phone for the first time this week, before the summit, South Korea said on Friday. A senior US diplomat for East Asia, Susan Thornton, called North Korea's latest announcement "a very positive step" as she started a three-day visit to Seoul on Sunday. "We are going to be doing a lot of close coordination with South Korea, allies and partners this week," the Yonhap news agency quoted her as saying.
Corker said Washington needed to be clear-headed about what a meeting with Kim could accomplish.
"To think that somebody's going to go in and charm him out of that is not realistic," he told the ABC "This Week" program. "Is there some progress that can be made? I hope so, but that's a big hurdle."

Copyright Reuters, 2018

Comments

Comments are closed.