DPRK slams S Korea's "grand bargain" proposal

17:51, September 30, 2009      

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The Democratic People's Republic of Korea (DPRK) Wednesday lashed out at a proposal by South Korea to offer it economic aid in return for the scrapping of its nuclear program, dismissing it as "rubbish."

South Korean President Lee Myung-Bak, in a speech last week in the United States, offered the DPRK the so-called "grand bargain" to give up its nuclear program in return for aid and security guarantees, saying the proposal may be Pyongyang's last chance.

"They are seriously mistaken if they calculate the DPRK would accept the ridiculous proposal for 'the normalization of relations" with someone and for sort of 'economic aid,'" the DPRK's official Korean Central News Agency (KCNA) said.

"The nuclear issue can find a genuine solution only when the whole Korean Peninsula and the rest of the world are denuclearized," it added.

The DPRK announced its withdrawal from the six-party talks in April.

Source:Xinhua
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