Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

North Korea condemns denuclearisation call at neighbours' summit in Seoul

Published 05/27/2024, 07:29 AM
Updated 05/27/2024, 07:30 AM
© Reuters. FILE PHOTO: A North Korean flag flutters on top of the 160-metre tall tower at North Korea's propaganda village of Gijungdong, in this picture taken from Tae Sung freedom village near the Military Demarcation Line (MDL), inside the demilitarised zone sepa

By Cynthia Kim and Josh Smith

SEOUL (Reuters) -North Korea condemned China, Japan and South Korea on Monday for committing to denuclearise the Korean peninsula, describing their joint declaration after a rare summit in Seoul as a "grave political provocation" that violates its sovereignty.

The North has given notice of its plans to launch a rocket by June 4 to deploy a satellite, prompting the three countries to urge a halt to the move that would aid the isolated nation's ability to deliver a nuclear strike.

At their first three-way summit in Seoul since 2019, the three countries sought to co-operate on security, reiterating positions on regional peace and stability and denuclearisation of the peninsula, they said in a joint statement.

Such discussion is an "insult never to be pardoned and a declaration of war against the Democratic People's Republic of Korea (DPRK)," however, a spokesman for North Korea's foreign ministry said in a swift riposte.

"To discuss the denuclearisation ... today constitutes a grave political provocation and sovereignty violation," the unidentified spokesman said in the statement reported by the North's state media.

Such a move denies the North's inviolable sovereignty and constitution reflecting the unanimous will of all the Korean people, he added.

Chinese Premier Li Qiang did not single out North Korea for criticism, but rather called on all parties to reduce tension.

While South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida urged Pyongyang to scrap its plans to launch a second spy satellite into orbit, Li made no mention of the expected launch.

© Reuters. FILE PHOTO: A North Korean flag flutters on top of the 160-metre tall tower at North Korea's propaganda village of Gijungdong, in this picture taken from Tae Sung freedom village near the Military Demarcation Line (MDL), inside the demilitarised zone separating the two Koreas, in Paju, South Korea, September 30, 2019. REUTERS/Kim Hong-Ji/File photo

China angered North Korea when it signed on to UN Security Council resolutions sanctioning Pyongyang's nuclear weapons and missile program from 2006 to 2017, but in recent years Beijing has joined Russia in blocking new sanctions and calling for existing measures to be eased.

North Korea launched its first military spy satellite into orbit in November, after two earlier attempts failed in 2023.

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.