South Korea mulls North Korea rail, gas pipeline projects

South Korea mulls North Korea rail, gas pipeline projects

In a statement prepared for a parliamentary hearing, Governor Lee Ju-yeol said a successful meeting between Trump and Kim would be credit positive for South Korea's sovereign rating, and reduce capital outflow risks.

South Korean officials, who returned from a Pyongyang conference, briefed the president on their recent meeting with the North Korean leader, just as South Korean envoys briefed Japanese officials, convincing them of the need for dialogue and engagement, Kyodo News reported.

South Korean President Moon Jae-in called for all-out efforts this morning to make the dialogue with Pyongyang a success. In Beijing, South Korean National Security Office Director Chung Eui-yong met with President Xi Jinping.

Suh is in Tokyo to brief Japanese officials on developments.

He said Japan, South Korea and the USA should discuss details of their strategy ahead of the planned talks between the US and North Korea "in order to make the dialogue a meaningful one".

Tuesday's edition of North Korea's ruling party newspaper Rodong Sinmun reported on a meeting in Pyongyang of young people from farming areas.

"China's faithful implementation helped make the Security Council's resolution effective", Cheng wrote, citing a 52 percent decline in trade with North Korea in January against the year before that required "significant sacrifice" on China's part.

U.S. President Donald Trump has agreed to meet North Korea's Kim by the end of May.

"China commits itself to the efforts of realizing denuclearization of the Korean Peninsula, maintaining peace and stability on the peninsula, and resolving things through dialogue and negotiations."

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