North Korea fuel prices surge after China cuts oil supplies

North Korea fuel prices surge after China cuts oil supplies

A barbed-wire fence separating North Korea from China is seen in this photo taken from the Chinese border city of Hunchun, China, March 18, 2015.

"Talks and cooperation between the two Koreas to ease tension and bring about peace on the Korean peninsula will be instrumental for pushing forth a mutual, virtuous cycle for inter-Korea relations and North Korea's nuclear problem", said South Korean Unification Minister Cho Myoung-gyon, as quoted by Reuters.

North Korea has launched a number of ballistic missile tests since the start of 2017.

South Korean Unification Minister Cho Myoung-Gyon also called for the restoration of military and government hotlines across the border, which had been cut by the North previous year in response to the South imposing economic sanctions after a nuclear test by Pyongyang, Reuters reported on July 16.

Without directly mentioning the proposals, North Korea said through its state-run newspaper Rodong Sinmun on Monday that Moon's Berlin speech was "fortunate" in that it pledged to respect and implement the June 15, 2000, inter-Korean joint declaration of peace and prosperity, but that it contained "ill intention".

The UK Guardian reports that the European Union expressed support for South Korea's efforts to negotiate, but also denounced North Korea's recent ICBM test as a "serious threat to worldwide peace and security" and said it may proceed with tougher sanctions against Pyongyang.

The United States, South Korea's main ally, which has been trying to rally global support for tougher sanctions on North Korea, appeared cool to the proposal, recalling President Donald Trump's statements that conditions must be right for dialogue.

In addition to the potential reopening military talks, the South Korean Red Cross on Monday proposed talks with Pyongyang to once again organise reunions of families who were separated during the Korean War (1950-1953).

If the North accepts the offer to meet on Friday, it would mark the first inter-Korean government-level talks since December 2015.

The group proposed the family reunion to be held on October 4, in time for the Chuseok holiday, Korea's harvest festival.

He told a briefing Monday for a group of United Nations correspondents that "dialogue for the sake of dialogue is meaningless". North Korean leader Kim Jong Un said he would never negotiate his weapons programs unless the USA abandons its hostile policy toward his country. -South Korean military drills as hostile actions.

Moon also suggested the two Koreas stop hostile acts in the border region starting on the 64th anniversary of the Armistice Agreement on July 27th.

China´s foreign ministry welcomed Seoul´s peace gesture, saying it hopes "the two sides will move in a positive direction to. break up the stalemate and to relaunch the dialogue and negotiations".

Seoul began blaring anti-Pyongyang broadcasts and K-Pop songs via border loudspeakers, and Pyongyang responded with its own border broadcasts and launches of balloons carrying anti-South leaflets.



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