Rense.com



N Korea Threatens To
Grab US-Led Consortium Assets

11-6-3


(AFP) -- North Korea threatened to seize an international consortium's assets on its soil if the US-led group suspends a nuclear power project in the communist state without compensation.
 
The North's foreign ministry spokesman told the state-run Korean Central News Agency (KCNA) that the consortium, the Korean Peninsula Energy Development Organization, would be banned from taking out equipment, facilities, material and technical documents from the communist country.
 
The consortium set up by the United States and its allies is in charge of building a nuclear power plant for energy-starved North Korea.
 
But the multi-billion dollar energy project may be halted after the consortium met in New York this week for talks on suspending work amid lingering tensions over North Korea's nuclear weapons ambitions.
 
After a two-day meeting, the consortium said Tuesday it would announce a decision on the fate of the project no later than November 21.
 
Late Thursday, the North Korean spokesman denounced the United States and the consortium for delaying work in building two light-water nuclear reactors (LWR) and demanded compensation for the delays.
 
"The DPRK (North Korea) will hold them accountable for this to the last," the spokesman said in an interview with KCNA's English service monitored here.
 
"It will never allow them to take out all the equipment, facilities, materials and technical documents now in Kumho area for the LWR construction till this issue is settled."
 
He said the alleged suspension of the 4.6 billion dollar project was "nothing surprising" to North Korea, adding that Pyongyang had already foreseen such a development.
 
But he said "Washington is so getting on the nerves of the DPRK" ahead of the resuming of the six-nation talks aimed at ending the year-long crisis over Pyongyang's nuclear weapons program.
 
Diplomatic efforts have been underway to open the second round of the six-nation nuclear crisis talks which involves two Koreas, the United States, Russia, Japan and China by year-end.
 
The United States, Japan, South Korea and the European Union formed the international consortium to oversee the project to build two safe reactors for North Korea under a now defunct US-North Korean pact.
 
Washington has been leading the drive for a halt to the project, with some officials saying it should be abandoned for good.
 
South Korean Foreign Minister Yoon Young-Kwan said Wednesday Seoul opposed US-led calls to scrap the project and wanted a one-year suspension instead.
 
The project, which has proceeded well behind schedule, was mandated under the 1994 US-North Korea Agreed Framework, which Washington considers was broken by Pyongyang's renewed attempts to develop nuclear weapons.
 
Under the deal North Korea froze a plutonium processing facility in return for regular heavy fuel shipments from the United States. South Korea and Japan were to pay for the bulk of the reactor construction.
 
The US government cut the fuel shipments to North Korea late last year and withheld funds for the consortium.
 
The project to build two 1,000-megawatt light-water nuclear reactors was originally scheduled for completion this year. Less than half the work has been completed, according to Seoul officials.
 
 
 
Copyright © 2002 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.
 

Disclaimer

 


MainPage
http://www.rense.com

This Site Served by TheHostPros