Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

South Korea's Park to skip Russia World War Two event that North's Kim will attend

Published 04/12/2015, 09:33 PM
Updated 04/12/2015, 09:41 PM
© Reuters. South Korean President Park Geun-Hye speaks during a military commissioning ceremony in Gyeryong

SEOUL (Reuters) - South Korean President Park Geun-hye will not attend an event in Moscow to mark the end of World War Two in Europe and instead send an envoy, an official said on Monday, dashing the possibility for a rare summit with the leader of North Korea.

Russia has said the North's Kim Jong Un would attend the May 9 celebrations marking the 70th anniversary of the war's end, which would be his first trip overseas since taking power in 2011 after the death of his father.

"The president will not be going," a South Korean government official said on Monday, speaking on condition of anonymity.

The country's foreign ministry said over the weekend that a ruling Saenuri Party member of parliament's foreign affairs committee, who is also a special aide to Park, would attend as her special envoy.

The government official and the foreign ministry did not elaborate on why Park had chosen not to attend.

If Park and Kim were both to travel to Moscow for the event, it would make possible only the third summit between the leaders of the rival Koreas, which remain technically at war under a truce ending their 1950-53 conflict.

Attempts at dialogue between the North and the South are at a stalemate, following the 2010 sinking of a South Korean navy ship and the bombing of an island in the South that Seoul blames on the North. Pyongyang denies any role in the sinking of the naval ship Cheonan.

© Reuters. South Korean President Park Geun-Hye speaks during a military commissioning ceremony in Gyeryong

The first summit in 2000 led to a period of rapidly warming ties after decades of hostility. The second summit was held in 2007 with more promises of exchanges, but relations cooled after a conservative president took office in the South in 2008.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.