May 06, 2024
News

Little hope so far for Park’s N.Korea development plan

Park adds specifics to development-for-denuclearization deal, continues to receive criticism

Speaking from Turkey, the site of the G20 summit, South Korean President Park Geun-hye at the end of last week proposed a $63-billion investment plan for North Korea, contingent on the country’s denuclearization.

The North immediately dismissed the plan and, on Tuesday, a former advisor to Park’s predecessor told NK News that aspects of it weren’t as appealing as she made them sound.

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