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NKorea got $2.2B under failed disarmament deals
North Korea has received the equivalent of about $2.2 billion under deals aimed at persuading the isolated nation to dismantle its nuclear facilities, a South Korean lawmaker said Monday, in what his office says is the first accounting of the cost of the failed strategy.... But before that, the equivalent of nearly $2 billion flowed into North Korea, ruling Grand National Party lawmaker Kwon Young-se said in a statement. South Korea spent $1.15 billion, Japan $410 million and the EU $18 million on the reactors. Meanwhile, the U.S. sent $400 million worth of fuel oil to the North. In 2007, however, China, Japan, Russia, South Korea and the U.S. tried again, promising the North 1 million tons of fuel oil and other concessions in return for disablement. So far, 745,000 tons of oil estimated to be worth $310 million have been shipped to the North under the new deal, the statement said. In addition to the money it was given in the disarmament-for-aid deals, the North has also received nearly 4 trillion won ($3.4 billion) of food, fertilizer and other humanitarian aid from the U.S., South Korea and international organizations over the past 10 years, Kwon's office said. Posted by: ed 2009-10-06 |
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