{"id":3172,"date":"2006-12-18T18:59:22","date_gmt":"2006-12-18T09:59:22","guid":{"rendered":"http:\/\/en.dailynk.com\/en\/?p=3172"},"modified":"2020-01-17T08:58:03","modified_gmt":"2020-01-16T23:58:03","slug":"will-north-korea-profit-from-the-b","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/will-north-korea-profit-from-the-b\/","title":{"rendered":"Will North Korea Profit From the &#8220;BDA Conference&#8221;"},"content":{"rendered":"<p>[imText1]The second phase of the 5th round of six party talks will begin on the 18th, though the overall forecast by foreign experts predict a dim six party talks.<\/p>\n<p>Bruce Klingner of the \u201cEurasia Group\u201d in Washington said \u201cIt is interesting that both the U.S. and North Korea agreed to reconvene the talks considering that the two parties could not negotiate desirable measures in the past. However there is no basis to be optimistic about the talks.\u201d<\/p>\n<p>Michael Breen, President of Insight Communications Consultants said \u201cThe actual objective of the six-party talks is the six-party talks\u201d and predicted we \u201cshould not expect an outcome from the meeting.\u201d<\/p>\n<p>\u201cIt is possible that North Korea will agree to a small concession and retract with the U.S. ultimately raising its hands once again\u201d said Executive Director of Harvard University\u2019s Managing the Atom Project (MTA) Jeffrey Lewis and analyzed that if this occurs the possibility of the situation worsening could not be excluded. Predictions by Chinese experts are not different.<\/p>\n<p>Professor Shi Yinghong of Renmin University of China said \u201cIt is clear that North Korea does not want to relinquish its nukes\u201d and prospected \u201cFor North Korea even the possibility of reducing tightened sanctions by the international community while still continuing its nuclear policies at the six party talks is profitable.<\/p>\n<p>A professor in the International Studies, Tsinghua University also said \u201cIt will be difficult to see actual change\u201d and forecasted \u201cIn the case the six party talks fail and North Korea sanctions are reinforced, North Korea will only heighten its national threat and create further isolation.\u201d<\/p>\n<p>Undoubtedly, there are positive views also.<\/p>\n<p>The U.S. even revealed that if North Korea relinquished its nukes, then it would have confidence in signing a pact \u201cOfficial declaration ending the Korean War\u201d which would state the cessation of war and (an U.S. Department of State official) forecasted that progress would most likely be made as pressures from U.N. sanctions continue. <\/p>\n<p>\n<font color=\"#325F05\"><b>North\u2019s goal of participating in the six party talks different<\/b><\/font><\/p>\n<p>The predominant reason that the six party talks is being portrayed negatively is simple. This is because North Korea\u2019s \u201cgoal\u201d of the six party talks is different. <\/p>\n<p>The goal of all the member nations of the six party talks excluding North Korea is to \u201celiminate North Korea\u2019s nukes,\u201d and to denuclearize the Korean Peninsula. However, North Korea thinks otherwise. First, the BDA accounts collectively frozen need to be released, North Korea must also be acknowledged as a \u201cnuclear possessing state\u201d, the right to peacefully use nukes must be secured while the overall aim is to destroy the Korea-U.S. alliance. As the goals of the talks are completely different it is no wonder the forecasts are not optimistic. <\/p>\n<p>A foreign report presented a most direct and candid North Korea on its nukes, where Kang Seok Joo Minister of North Korea\u2019s Foreign Affairs Bureau said \u201cIf we were going to relinquish our nukes, why would we have even created them?\u201d Though there are many claims and assertions made on the North\u2019s nuclear issue, it is difficult to find a statement more \u201chonest\u201d such as this. In the long run, a great amount of monetary and people sacrifices have been made over a period of 40 years while continuously deceiving the international society and finally conducting a nuclear experiment. For what reasons would the nukes be surrendered? Common sense says there is no answer. <\/p>\n<p>If so, for what reasons did North Korea rejoin the six party talks this time round. The answer to this question has already been revealed. North Korea\u2019s Foreign Affairs announced on November 11th on their Chosun Central Newsagency \u201cWe will attend the talks in order to resolve and discuss the issue of financial sanctions.\u201d Kim Gye Kwan, North Korea\u2019s Vice Minister of Foreign Affairs who arrived in Beijing on the 16th reconfirmed this position. He said \u201cA condition of settlement is for the U.S. sanctions to be removed.\u201d On the other hand, the U.S. is placing great weight for preliminary measures by North Korea to eradicate its nukes. <\/p>\n<p>Until now, the second phase of the 5th round of six party talks has proclaimed removal of financial sanctions (North Korea) and actions for 9.19 mutual declarations (U.S.) but has ultimately strengthened its approach on the talks with the reinforcement of the nuclear experiment and \u201cThen, let\u2019s talk in person\u201d attitude. <\/p>\n<p>If anything has changed to the six party talks in difference to the past, is the fact that a conference has been added on the issue of BDA. According to foreign reports, North Korea has sent a financial envoy to Beijing to manage the BDA conference. <\/p>\n<p>The U.S. and associated countries argue that the conference will be clearly differentiated from the six party talks. However, as North Korea \u201cis attending the six party talks in order to discuss and resolve the issue of financial sanctions,\u201d there is a high chance that discussions and resolutions related to BDA will be made.<\/p>\n<p>As long as the Kim Jong Il regime considers itself a \u201cnuclear possessing state,\u201d it is possible that time will be calculated and the six party talks dragged until the issue of BDA is resolved. The fact that a financial envoy has been sent to China just goes to show how much attention North Korea has placed on the BDA issue.<\/p>\n<p>\n<font color=\"#325F05\"><b>Possibility of North Korea\u2019s financial violations revealed at BDA conference<\/b><\/font><\/p>\n<p>Also, North Korea is most likely to be contemplating yet another subsidiary item. It is inevitable that the \u201cBDA conference\u201d which will take place alongside the six party talks, will eventually be interrelated. In this case, North Korea will most probably add an additional \u201cagenda\u201d and weaken the characteristics of the talks while gaining time and publicizing that it is \u201cU.S. responsibility\u201d that the six party talks have not yet gained ground. This is undoubtedly not diverging from North Korea\u2019s original negotiation strategies. Amidst these times, North Korea will most probably proclaim that everything related to the nuclear issue will be easily resolved once the U.S. releases its financial sanctions. At the end of the day, North Korea will have accomplished many of its goals of the talks, one of which is to place a seed to create anti-U.S. press reports within South Korea. <\/p>\n<p>However, in essence the BDA issue is a \u201clegal matter\u201d related to illegal funds and money-laundering. Hence, it is possible that North Korea\u2019s illegal acts may continuously be unveiled as the BDA conference is held. Since last year, the U.S. has already conducted investigations on BDA accounts and has been analyzing the accounts for more than a year now. The fact that the U.S. even called for a BDA conference suggests \u201cconfidence.\u201d<\/p>\n<p>On another note, the Kim Jong Il regime\u2019s knowledge of lawfulness and illegality is rather feeble. At the 2002 North Korea-Japan Summit, Kim Jong Il independently acknowledged the issue of Japanese abductees inciting the whole of Japan. It is possible that at the time, Kim Jong Il mistakenly thought that the death of a few Japanese abductees was not anything big. As the Kim Jong Il regime deteriorates to be a system of \u201cviolent authority\u201d it is possible that illegal acts become insensitive. <\/p>\n<p>In the end, it is likely that North Korea\u2019s acts of defiance will be revealed in the international press as the BDA conference is held, which will only increase greater awareness of the Kim Jong Il regime. It is difficult to conclude whether the \u201cBDA conference\u201d will or will not be profitable for North Korea. <\/p>\n<p>Furthermore, rather than the issue of North Korea\u2019s nukes observing a favorable outcome at the six party talks, it seems that the fundamental observations will be directed towards a \u201cverbal fight\u201d and revealing the different acts of defiance by North Korea. Instead of the six party talks being a meeting to resolve North Korea\u2019s nukes, a \u201cpolitical conference\u201d is already being exemplified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[imText1]The second phase of the 5th round of six party talks will begin on the 18th, though the overall forecast by foreign experts predict a dim six party talks. Bruce Klingner of the \u201cEurasia Group\u201d in Washington said \u201cIt is interesting that both the U.S. and North Korea agreed to reconvene the talks considering that [&hellip;]<\/p>\n","protected":false},"author":165,"featured_media":3174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-3172","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Will North Korea Profit From the &quot;BDA Conference&quot; - North Korea News \u2014 Daily NK | Latest DPRK Updates 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailynk.com\/english\/will-north-korea-profit-from-the-b\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will North Korea Profit From the &quot;BDA Conference&quot;\" \/>\n<meta property=\"og:description\" content=\"[imText1]The second phase of the 5th round of six party talks will begin on the 18th, though the overall forecast by foreign experts predict a dim six party talks. Bruce Klingner of the \u201cEurasia Group\u201d in Washington said \u201cIt is interesting that both the U.S. and North Korea agreed to reconvene the talks considering that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dailynk.com\/english\/will-north-korea-profit-from-the-b\/\" \/>\n<meta property=\"og:site_name\" content=\"North Korea News \u2014 Daily NK | Latest DPRK Updates 2026\" \/>\n<meta property=\"article:published_time\" content=\"2006-12-18T09:59:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-16T23:58:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2006\/12\/DNKF00001450_List.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"129\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sohn Kwang Joo, Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sohn Kwang Joo, Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/\"},\"author\":{\"name\":\"Sohn Kwang Joo, Editor\",\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/#\\\/schema\\\/person\\\/c97c07ac0de1116cbc9497f17461c2ae\"},\"headline\":\"Will North Korea Profit From the &#8220;BDA Conference&#8221;\",\"datePublished\":\"2006-12-18T09:59:22+00:00\",\"dateModified\":\"2020-01-16T23:58:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/\"},\"wordCount\":1347,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2006\\\/12\\\/DNKF00001450_List.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/\",\"url\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/will-north-korea-profit-from-the-b\\\/\",\"name\":\"Will North Korea Profit From the \\\"BDA Conference\\\" - 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