World War 3 : North Korea Wants Peace

World War 3 : North Korea Wants Peace

U.S. President Donald Trump warned in an interview with Reuters in late April that a “major, major conflict” with the North was possible, but he would prefer a diplomatic outcome to the dispute over its nuclear and missile programs.

Trump played a strong hand deploying a military force to the region.

Trump later made an appeal for peace when said he would be “honored” to meet the North’s leader, Kim Jong Un, under the right conditions.

It looks like it worked:

Today North Korea said Pyongyang would have dialogue with the U.S. administration if conditions were right, South Korea’s Yonhap news agency reported.

The Talking has Begun

North Korea’s parliamentary committee on foreign affairs has sent a letter to the U.S. House of Representatives to protest its latest passage of a bill on tougher sanctions against Pyongyang, the North’s media said Friday.

The legislation, which was overwhelmingly passed at the House last week, calls for tough sanctions mainly targeting North Korea’s crude imports, labor exports and international shipping. The bill should pass through the Senate before it becomes law.

In the first official activity since its re-establishment in April, the Foreign Affairs Committee of the Supreme People’s Assembly “strongly” condemned the U.S. move and “resolutely” rejected the bill, according to the Korean Central News Agency.

The U.S. government has stated that it will not attach any special meaning to the so-called “track two” dialogue in Oslo.

“Track-two meetings are routinely held on a variety of topics around the world and occur independent of U.S. government involvement,” a State Department official said.

But North Korea watchers took note of the timing of the meeting this time, saying it may provide the two sides with a chance for a type of “exploratory” talks.

U.S. President Donald Trump often talks tough about North Korea, emphasizing the need to put more pressure on the Kim Jong-un regime.

He recently said, however, he would meet Kim “under the right circumstances.”

“If it would be appropriate for me to meet with him, I would absolutely, I would be honored to do it,” Trump said in an interview with Bloomberg News earlier this month.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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