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North Korea rocks nuclear deal
(Reuters)
Updated: 2005-09-20 21:30

Seoul said the North's overall comments were no surprise.

"North Korea and the United States may pull and push over the wording of 'appropriate time' but the South Korean government's role is to mediate," President Roh Moo-hyun's spokesman quoted him as saying. Roh said the deal should open the gates to more economic aid to the impoverished North.

South Korea's stock market was optimistic, too. It ended on an all-time high, despite the apparent setback.

"North Korea's willingness to compromise at the negotiation table is still a very good sign for the market," said Kim Hyun-tae, a fund manager at Landmark Investment Management.

The United States, backed by Japan, had long argued that North Korea could not be trusted with atomic energy because it had broken a previous deal to halt weapons development.

But China, South Korea and Russia said that if Pyongyang scrapped its nuclear weapons and agreed to strict safeguards, it should have such an energy program in the future.


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