Economy / North Korea
A Real Deal?
February 2007 | Political OutlookFollowing a final day of extended 'six-way talks' in Beijing, the US has apparently reached an agreement with North Korea to secure the latter's denuclearisation. Pyongyang's acceptance of the need to shut down its main nuclear reactor in exchange for energy incentives shows that the regime is facing intense pressure from international financial sanctions tightened last year. However, its history of reneging on agreements suggests that denuclearisation is far from
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