Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

North Korea wasted chance to improve relations under Trump, U.S. envoy says

Published 12/10/2020, 12:32 AM
Updated 12/10/2020, 02:00 AM
© Reuters. U.S. Deputy Secretary of State Stephen Biegun talks with South Korean Vice Foreign Minister Choi Jong-kun during their meeting at the Foreign Ministry in Seoul

By Josh Smith and Hyonhee Shin

SEOUL (Reuters) - Pyongyang squandered an opportunity to fundamentally reinvent its relationship with the United States during Donald Trump's presidency, Washington's top North Korea envoy said on Thursday, adding he will urge his successors to continue engagement.

Speaking to a think tank in Seoul during a visit to meet with South Korean security officials, U.S. Deputy Secretary of State Stephen Biegun admitted he was disappointed denuclearisation negotiations had stalled and that more progress was not made during his time leading those efforts.

"Regrettably, much opportunity has been squandered by our North Korean counterparts over the past two years, who too often have devoted themselves to the search for obstacles to negotiations instead of seizing opportunities for engagement," he said, according to his prepared remarks.

Still, he defended Trump's decision to focus on top-level diplomacy with leader Kim Jong Un, and to eschew small steps in favour of seeking a major agreement under which North Korea would surrender its nuclear weapons and the two sides would normalize relations.

"This vision was a bold one, and it made the many advocates of incrementalism uncomfortable," Biegun said.

After trading insults and nuclear threats that had pushed their countries to the brink of war, Trump and Kim met for the first time in Singapore in 2018, where they signed a general declaration calling for denuclearisation and new relations between the two old adversaries.

After working-level talks Biegun helped lead, the two leaders held their second meeting in the Vietnamese capital of Hanoi in 2019 but failed to reach a deal.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Subsequent talks failed to make progress and Pyongyang has rebuffed Biegun's calls for more engagement, saying the U.S. does not appear serious about dropping its hostile policies.

Biegun called for North Korea to resume talks in the coming months.

With Democratic president-elect Joe Biden due to replace Trump in January, Biegun said he had a message for the incoming team: "The war is over; the time for conflict has ended, and the time for peace has arrived."

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.