US Treasury to hold more talks with NKorea on frozen Macau accounts

0 Comments | AFP, November, 2006

SEOUL (AFP) — The US Treasury has said it will hold more talks with North Korea about the freezing of its accounts in a Macau bank, a key obstacle to restarting negotiations on its nuclear weapons program. Deputy Treasury Secretary Robert Kimmitt said the talks would be a continuation of discussions held in March in New York.

He made no reference to the condition North Korea set last week for rejoining the six-nation disarmament negotiations -- that the financial curbs be "discussed and settled...within the framework of the six-party talks." Kimmitt was speaking to reporters after talks with Chun Yung-Woo, South Korea's lead delegate to the six-nation forum which has been stalled for a year. He said he and Chun discussed "the roles the Treasury Department will play in the...