S. Korea to maintain "two-track" policy towards DPRK

17:59, December 16, 2009      

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Yu Myung-hwan, South Korean Minister of Foreign Affairs and Trade, told a press conference Wednesday that South Korea will maintain its "two track" policy towards the Democratic People's Republic of Korea (DPRK), promoting both simultaneous dialogue and sanctions based on U.N. Resolutions.

Yu added, "We will continue to have discussions with involved parties on the details of a package settlement in case six-party talks resume."

In response to U.S. special envoy Stephen Bosworth's visit to Pyongyang last week, Yu also said that he welcomes the fact that the U.S. and the DPRK have reached a common understanding in terms of the role of six-party talks and the importance of fulfilling the Joint Statement of September, 2005.

The package settlement includes the "Grand Bargain" deal proposed by the South Korean government that calls on the DPRK for a complete denuclearization in exchange for a security guarantee and economic aid by the international community.

Source: Xinhua
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