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| "It's far more realistic and likely to be accepted by North Korea if we announce it after sufficient consultations with the United States and other relevant countries, so we're trying hard to include such details," the official said. (Photo by= Korean Ministry of Foreign Affairs) |
[Asia News = Reporter Reakkana] SEOUL: South Korea is seeking to coordinate with the United States and other countries before announcing the details of its "audacious plan" to revive North Korea's economy in the event it accepts denuclearization, a presidential official said Monday.
Yoon outlined the plan in his inauguration speech on May 10, saying if North Korea genuinely embarks on a process to complete denuclearization, South Korea will be prepared to present an "audacious plan" to vastly strengthen North Korea's economy and improve the quality of life for its people. Last week, he asked Unification Minister Kwon Young-se to come up with the details. "We're in the process of filling in the details of the audacious plan," the presidential official told reporters. "I can tell you that we're nearly in the final stage of establishing its broad principles and direction." Still, the official said he expects the details to take some time.
Meanwhile, on speculation that North Korea will go ahead with what would be its seventh nuclear test this week, the official repeated past government assessments that the North has completed all preparations for the test. In the event it conducts the test, the government will be ready to respond through "various measures," the official added.
