Sri Lanka’s Dialog Axiata invests in Roar, 2 others

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Sri Lanka’s Dialog Axiata invests in Roar, 2 others

ASEAN+ April 10, 2018 01:00

By THE ISLAND
ASIA NEWS NETWORK
COLOMBO

DIALOG AXIATA PLC, a Sri Lankan connectivity provider, has selected new media platform, Roar, insurance broker, InsureMe and integrated healthcare platform MyDoctor.lk as its first phase of investments.

The Digital Innovation Fund managed by BOV Capital, marks a definitive shift to foster startups and build further on the business capabilities of digital technology and talent within the country.

The 2.3-billion rupees Digital Innovation Fund was debuted by the Malaysian Prime Minister in December 2017, and invests in growth stage Sri Lankan digital startups, with investments ranging between 50 million rupees and 200 million rupees. 20 per cent of the total fund has also been set aside for investments in early stage or seed startups, particularly those looking for less than 40 million rupees.

The initial screening by BOV Capital considers several factors including revenues, user traction and scalability and includes a comprehensive study of the business model. Subsequently, the startups are approved by the Investment Committee of the Digital Innovation Fund, for further evaluation prior to awarding the funding.

One of the investee companies, Roar, is a South Asian new media platform that creates high quality content in five languages, namely English, Sinhala, Tamil, Hindi and Bangla and is gaining online traction for its eight different sites drawing over three million unique readers and over thirty four million video views each month. Ranked among the top 50 websites for Sri Lanka and Bangladesh, it contributes over 500 articles per month covering current affairs, business, lifestyle, technology, arts, and culture.

Commenting on what’s next for Roar Media, Mustafa Kassim, CEO of this New Media Platform said, “Roar has grown immensely across the South Asian continent over the last 24 months, and now, with backing from Dialog Axiata and BOV Capital, we can accelerate this growth even further. We can leverage these networks across South Asia to help us reach many more users and drive sales to the next level.”

InsureMe is a dynamic and innovative insurance broking company backed by a team of professionals with unmatched experience in the insurance industry, offering a transparent and unbiased professional service comparison encompassing a wide range of convenient insurance solutions direct from key insurers in the country.

Speaking about InsureMe’s plans to change the landscape of insurance, Vipula Dharmapala, Director/CEO said, “We are delighted to partner with Dialog Axiata and BOV Capital through the Digital Innovation Fund, and are confident that this partnership will take the Sri Lankan insurance industry to a new level.”

AI to get last word on stenography’s future

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AI to get last word on stenography’s future

ASEAN+ April 10, 2018 01:00

By CHINA DAILY
ASIA NEWS NETWORK
BEIJING

AT THE start of his career, Li Zhengjie would scour the streets, wander university campuses and even climb skyscrapers to drum up business. He quickly realised that being a freelance stenographer is hard work even before you’ve landed a client.

Twelve years on, the job is still hard, but at least his income has increased.

Li’s first client was a professor who paid him 160 yuan (Bt790) in March 2006 to record and transcribe discussions during a two-hour seminar in Beijing. Li and his wife, also a stenographer, made about 1,800 yuan a month that year, but today they can earn up to 30,000 yuan a month.

“I could barely imagine such an income when I was starting out,” said Li, 36, who now leads a team of 12 stenographers covering events across the Chinese capital.

However, some in the business fear breakthroughs in artificial intelligence and smart voice-recording software is threatening their industry.

“I’m kind of worried whether this job will still exist in the years ahead,” said Pan Li, who has been in the business for 12 years. She works with her friend Ma Ruijuan from a home office in Handan, Hebei province, about 400 kilometre from Beijing. They handle interviews, academic speeches, court hearings, phone surveys and celebrity appearances, charging 80 yuan an hour.

Pan, Ma and Li were all inspired to become stenographers around 2006 after spotting advertisements in local newspapers that suggested demand for such skills would soar over the following decade.

The prediction was correct, and all three have so far enjoyed decent careers. Yet as demand begins to drop due to new technologies, so are incomes.

Li mostly now works conferences, seminars and forums, but in 2006 he was receiving a lot of business from journalists who wanted quick transcriptions of their interviews.

“They’d give me their recordings and I’d usually charge them 70 or 80 yuan an hour,” he said. But since 2015, that kind of work has all but disappeared. “Few are still coming to me today because they can simply use smart software and apps to produce their own transcripts,” Li added.

After graduating with an advertising degree from college in his native Shenyang, Liaoning province, Li worked for several months for a local ad agency. But he was not happy with the salary.

“Then I saw a newspaper ad for a stenography training school that said the industry would be one of the most promising for the next 10 years and promised high salaries,” he recalled. “At that time, none of my friends and relatives had ever heard of such a job.”

Li and his wife signed up for classes, paying about 10,000 yuan for tuition, and over the next six months dedicated themselves to learning how to use a stenotype, a machine that enables users to record speech in shorthand.

“The hardest part is improving your speed. To go from typing 60 words a minute to 120 words required us to practice by typing millions and millions of words,” he said.

Due to the limited demand in his hometown, Li decided to move to Beijing shortly after completing his training.

Stenographers typically start by transcribing audio files and then progress to conferences, which are high pressure but pay about 300 yuan an hour. Li started working at conferences in 2008.

Ma from Hebei relocated to the capital in 2006 for the same reason as Li. “Most of my clients were introduced by friends in the same industry, and I was usually hired to do transcripts of media interviews,” the 32-year-old said.

Before long, she was regularly working in the studios of China Central Television, the State broadcaster, and Beijing TV, and by 2010, she had helped produce transcripts of a number of high-profile shows, including CCTV’s Legal Report.

“Those were the most exciting experiences of my 20s,” she said. “I didn’t know what a TV interview was like until I stepped into a TV studio.”

Ma eventually moved back to her hometown with her husband and children, but she continues to work on interviews by receiving and sending files through the Internet.

Courts are a major source of work for stenographers, who record proceedings for the public record. However, tech tycoon Liu Qingfeng is hoping to change that.

Liu’s company, iFlytek-which is headquartered in Hefei, Anhui province, and makes language input software and voice-recognition programs, unveiled an AI system last month that will not only record court hearings, but also aid judges in reviewing criminal cases.

“We’re now able to use AI to help judges review four types of cases, namely homicide, theft, telecom fraud and illegal fundraising,” he said at a news conference. As he spoke, his words appeared on a screen beside him almost instantly, demonstrating the speed and accuracy of the company’s technology.

Stenographer Li Zhengjie said the rapid developments seen in AI in recent years have raised concerns about the future of his profession.

“I’ve been thinking about this problem since 2010, and I used to worry my job may one day no longer exist,” he said, adding that voice-recognition software like that produced by iFlytek is the No 1 reason why demand from journalists for transcription services is drying up.

When the conversation takes place in a very quiet environment and all the speakers are talking loudly and clearly, such apps work better and more efficiently than us humans,” he conceded.

Virtual currency: Other firms stake their claims

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Virtual currency: Other firms stake their claims

ASEAN+ April 10, 2018 01:00

By THE JAPAN NEWS
ASIA NEWS NETWORK
TOKYO

JAPAN’S TROUBLED virtual currency exchange operator Coincheck Inc has decided to seek a fresh start under the umbrella of online brokerage Monex Group Inc.

Following a hacking incident in which a massive amount of Coincheck customers’ funds were lost, the Financial Services Agency has stepped up its monitoring of the virtual currency industry and some operators with sloppy management have been forced out. Meanwhile, major companies from different industries have entered the virtual currency industry one after another, expecting high growth.

Last week, Monex Managing Director and Chairman Oki Matsumoto said at a press conference, “I believe there is a strong and huge future in virtual currency,” adding, “Coincheck has technology and [a large] customer base.” Matsumoto also expressed his desire for a future initial public offering of the company’s stock.

The reason behind the high expectations for Coincheck, which suffered the massive loss of virtual currency, is the company’s high profitability.

According to documents released by Monex, the final profit of Coincheck for the business year ended in March 2017 stood 471 million yen. It is expected that the company recorded more profit for the year ended in March this year due to expansion of virtual currency trading.

The net assets of Coincheck at the end of March 2018 are likely to have exceeded those as of the end of March 2017, even after compensation is made to holders of the stolen virtual currency NEM, according to the released documents. The amount of compensation is believed to be around 46 billion yen. It means that the company made a large profit, exceeding the amount of compensation over the year.

In the business of virtual currency exchange, high service fees, which are several percent of the amount of transactions, are expected. The profit margin is incomparably higher than that of the securities industry, which has been facing fierce competition to lower its fees.

Another motive for Monex to buy Coincheck is acquiring its large number of customers, with 1.7 million accounts. In addition, Monex has been forced to engage in an uphill battle with rivals, such as SBI Securities Co and Rakuten Securities Inc, in its main business of online securities transactions.

Sources in the financial sector say that the 3.6 billion yen purchase price for Coincheck is too cheap. However, the released documents include a note saying it is possible that the price could be increased by up to half of profit in the future. As a result, the final purchase price could become much higher. While a risk of litigation against NEM holders remains, the prospects for Coincheck remain unclear.

As for Coincheck, its sloppy internal management system became apparent in the wake of the massive virtual currency loss incident.

Taking the situation seriously, the FSA issued business improvement orders twice to the company, calling for a drastic overhaul of the management system. To continue its business, there was no choice but for the company to receive capital from other companies.

Coincheck President Koichiro Wada and director Yusuke Otsuka will both remain as executive directors, but resign from their current positions.

At a press conference last week, Monex’s Matsumoto said he aims to make Coincheck a formally registered virtual currency exchange in about two months and fully resume its operations.

Referring to the registration of Coincheck, Taro Aso, in his capacity as the state minister for financial services, said the prospect of registering Coincheck depends on “how far [the company] could work on” restructuring its management system.

More than 100 companies are aiming to register as virtual currency exchange operators.

High-profile companies such as Line Corp and Yahoo Japan Corp have recently unveiled their plans to enter the industry.

These companies expect that gaining a foothold in the exchange business would help them expand activities into money transfer and settlement services.

Apple Korea likely to face sanctions over unfair practices

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Apple Korea likely to face sanctions over unfair practices

ASEAN+ April 10, 2018 01:00

By THE KOREA HERALD
ASIA NEWS NETWORK
SEOUL

APPLE IS LIKELY to face sanctions from the Korean antitrust watchdog over dumping its advertising and repair costs to local telecom operators, according to industry sources on Sunday.

The Fair Trade Commission’s secretariat recently agreed to impose penalties on Apple Korea over the unfair practice and sent an examination report to Apple Korea to seek an explanation, according to the sources.

The FTC will confirm whether to impose sanctions and the range within a few days after hearing from Apple Korea.

Apple Korea has faced criticism over the past few years from local mobile carriers for passing the costs for iPhone sales, including advertising costs, launch events and repair costs to them.

In November, three telecom operators -SKT, KT and LG Uplus – aired TV commercials promoting the designs and functions of the iPhone 8 and iPhone X as Apple requested, but at their own expense.

iPhone ads

“When you see iPhone’s TV commercials here, everything is the same except for a telecom operator’s logo at the end of the commercials. Still, telecom firms should bear all the costs standing at billions of won,” said an executive of one of the three firms on the condition of anonymity.

The price of Apple’s premium iPhone X has also faced criticism among local consumers. The price of its 64-gigabyte and 256-gigabyte models are around 200,000 won ($187) more expensive than in Japan and the US.

Amid growing speculation, the FTC began an investigation in 2016 and raided the Apple Korea office in June of 2016 and November of 2017.

In other nations, Apple faced a penalty of 700 million won in Taiwan in 2013 for controlling iPhone costs and was imposed with a fine of 64 billion won in France over unfair practices against carriers last year.

Dig leaves archaeologists more convinced site was once palace of Angkor Empire’s first ruler

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http://www.nationmultimedia.com/detail/asean-plus/30342819

A team of archaeologists work to unearth a site believed to be the royal palace of King Jayavarman II, who made his capital atop Phnom Kulen. //Photo supplied
A team of archaeologists work to unearth a site believed to be the royal palace of King Jayavarman II, who made his capital atop Phnom Kulen. //Photo supplied

Dig leaves archaeologists more convinced site was once palace of Angkor Empire’s first ruler

Breaking News April 09, 2018 14:52

By The Phnom Penh Post
Asia News Network

Phnom Penh  – An archaeological dig drawing to a close this week at Siem Reap’s Phnom Kulen has lent greater credence to the theory that it was the site of the royal palace of the Angkor Empire’s first ruler, Jayavarman II.

The five-week excavation within the Phnom Kulen National Park focused on a specific building within a 400metreby600metre site believed to be the palace compound of Jayavarman II.

It was first identified in 2009, said Jean-Baptiste Chevance, the program director of the NGO Archaeology and Development Foundation, which works closely with the Apsara Authority and trains student archaeologists.

“The first investigation was precisely on that building in 2009 and the second was the Lidar survey in 2012, which confirmed that the site in itself was [likely] the royal palace,” he said, referring to a remote sensing method that can reveal ground features otherwise hidden by vegetation. “We are interested in the way it was constructed and the way it was used.”

To answer those questions they returned this year, with a team of 60 local and international archaeologists and workers and the support of the Environment Ministry and the Apsara Authority.

“It’s obviously one of the most important buildings because of the quality of the construction,” Chevance said.

Ngin Sarun, an archaeologist with the Apsara Authority, said questions to be addressed are whether the structure was the palace or the residence of the ninthcentury king.

“We have not concluded 100 percent that it is a palace,” he said, noting the team had dug about 1.5 metres down and collected ceramics and pottery. According to Chevance, these, as well as soil and other collected samples, will reveal details about the building’s use and construction.

The square building is surrounded by a series of concentric walls and pavements with an eastern facing entrance.

“We wanted to know more about the specific building because it’s the most important in the royal palace . . . It’s apparently the only one made of such an amount of brick and such good quality,” he said.

Radiocarbon dating from previous digs, he continued, show that the building was abandoned at the end of the ninth century, corresponding with accounts from stone inscriptions that Jayavarman II built his capital atop Kulen Mountain at the end of the eighth and start of the ninth century after unifying fractured Cambodian kingdoms into one empire and establishing his rule by divine right.

“This settlement [and] this huge enclosure [the royal palace compound] is very organised and was occupied for a short time during the ninth century,” he said, noting that the reasons for residents abandoning the capital is a larger research focus of the project.

The compound’s “massive” size, its shape and its positioning within the larger urban grid discovered by LIDAR surveys suggest to Chevance that it was indeed the royal palace, though no inscriptions at the site as of yet provide any clues.

“[From] some of the artefacts, such as the ceramics that we unearthed, we can see the fact that it’s one of the most important buildings, but we still don’t have a full understanding of its function,” he said.

Environment Ministry officials declined to comment on Sunday but in a post on the ministry’s Facebook page on Saturday they wrote that one goal of such archaeological activities is to have Phnom Kulen inscribed as a Unesco World Heritage Site. It is currently on the body’s “tentative list”.

Transgender weightlifter out after gruesome elbow injury

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http://www.nationmultimedia.com/detail/asean-plus/30342815

  • New Zealand’s Laurel Hubbard competes during the women’s 90kg weightlifting final at the 2018 Gold Coast Commonwealth Games in Gold Coast on April 9.//AFP
  • Laurel Hubbard of New Zealand injures herself during for the Women’s 90kg Weightlifting Final on day five of the XXI Commonwealth Games on the Gold Coast, Australia, on April 9.//EPA-EFE

Transgender weightlifter out after gruesome elbow injury

ASEAN+ April 09, 2018 14:23

Gold Coast, Australia – A transgender weightlifter from New Zealand whose appearance drew criticism at the Commonwealth Games pulled out mid-competition on Monday after she painfully injured herself attempting a record lift.

    Laurel Hubbard, 40, looked in distress when her left elbow gave way attempting to snatch a Games-record 132kg, when she was already leading the women’s +90kg competition with a lift of 120kg.

Gold medal favourite Hubbard, the first transgender athlete to compete at the Games, said she thought she may have ruptured a ligament in her elbow.

“I have no regrets about the attempts that I made because I believe that to be true to sport, you really have to try to be the best that you can. I’m happy with the decisions that were made,” she said.

“It wouldn’t be true if I said I wasn’t unhappy at the moment but the nature of sport means that things don’t always go your way and it is what it is,” added Hubbard.

Hubbard’s presence had been criticised by some officials from rival countries but she received a huge roar of support from the crowd when the athletes were introduced.

“I think you have to be true to yourself and I hope in this case that’s what I’ve done,” said the New Zealander.

Born Gavin Hubbard, she represented New Zealand in male weightlifting events before transitioning to female in her 30s.

At last year’s world championships she won two silvers in the women’s +90kg category, becoming New Zealand’s first medallist in the competition.

“The crowd was absolutely magnificent. I felt (it was) just like a big embrace and I wanted to give them something that reflected the best I could do, and my only real regret today was that I was unable to show them,” Hubbard said.

 

– Saving grace –

 

Samoa’s Feagaiga Stowers, second behind Hubbard before the Kiwi’s injury, took gold with a total lift of 253kg.

According to reports, Samoan coach Jerry Wallwork earlier took issue with Hubbard, saying she had an unfair advantage and adding: “A man is a man and a woman is a woman.”

It follows similar criticism from Australian weightlifting chief Mike Keelan.

Asked whether she had been anxious about getting a rough reception at the Games in Gold Coast, Hubbard said: “It would be untrue to say that the thought never crossed my mind.

“But there’s no indication at all today that they were anything other than absolutely fantastic, a real credit to the Australian people and also the broader sporting community.”

She added: “The one saving grace in all of this is that I’m not in any great pain at the moment. I’m sure that will come with time.”

Hubbard became eligible to compete as a woman after showing testosterone levels below the threshold required by the International Olympic Committee.

“It’s very, very clear that Laurel is eligible to compete as a woman in accordance with the existing rules and we respect that right for her to compete,” Games chief executive David Grevemberg said earlier.//AFP

PH-China likely to sign pact on hiring of more Filipino English teachers – official

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PH-China likely to sign pact on hiring of more Filipino English teachers – official

Breaking News April 09, 2018 13:54

By Leila B. Salaverria
The Philippine Daily Inquirer
Asia News Network
Hainan, China

President Rodrigo Duterte and Chinese President Xi Jinping are expected to sign an agreement for China to hire more Filipino English teachers, along with several other agreements intended to boost ties between the two neighboring countries, Philippine Ambassador Jose Santiago Sta. Romana has said.

 

Sta. Romana also said the two leaders could sign an agreement to further deepen and broaden economic relations, the final loan agreement for the Chico Dam project, and an agreement to open the Chinese market to Filipinos.

According to Sta. Romana, China is now more interested in hiring so-called “non-native” English speakers, or those from colonized countries compared to before.

The growing friendship between the Philippines and China helped, he noted.

Mr. Duterte and Xi will hold a bilateral meeting on Tuesday to discuss pressing issues and common threats.

Mr. Duterte is set to arrive in Hainan on Monday afternoon to attend the Boao Forum for Asia.

South Korean ex-president Lee indicted for corruption

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South Korean ex-president Lee indicted for corruption

ASEAN+ April 09, 2018 13:19

By Agence France-Presse
Seoul

Former South Korean president Lee Myung-bak was formally indicted for corruption Monday, becoming the latest of the country’s ex-leaders to face criminal charges.

The CEO-turned-president who served from 2008 to 2013 has been charged with bribery, power abuse, embezzlement, and tax evasion, state prosecutors said in a statement.

It comes just days after Lee’s successor as president, Park Geun-hye, was jailed for 24 years for corruption.

“We will thoroughly retrieve the criminal proceeds that were accumulated by Lee through illegal means,” prosecutor Han Dong-hoon told reporters.

Lee was detained late last month but has since refused to be interrogated by prosecutors.

He has denied any wrongdoing and has denounced the investigation as a “political revenge”.

If convicted of all the allegations, the septuagenarian Lee could be jailed for life, Yonhap news agency reported.

His trial is expected to begin next month, according to Yonhap.

South Korean presidents have a tendency to end up in prison after their time in power — usually once their political rivals have moved into the presidential Blue House.

All four former South Korean presidents who are still alive have now been charged or convicted for criminal offences.

Conservative Lee’s successor Park was sentenced to 24 years in prison and fined millions of dollars last week for bribery and abuse of power.

She was ousted last year over a nationwide corruption scandal that prompted massive street protests.

Chun Doo-hwan and Roh Tae-woo, former army generals who served as president through the 1980s to early 1990s, served jail terms for corruption and treason after leaving office.

Both Chun and Roh received presidential pardons after serving about two years.

Another former leader, Roh Moo-hyun, committed suicide after becoming embroiled in a corruption probe.

Lee has been accused of accepting a total 11 billion won ($10.2 million) in bribes between late 2007 when he was elected president and 2012, according to prosecutors’ documents.

These allegations include claims that the Samsung Group bought a presidential pardon in 2009 for its chairman Lee Kun-hee, who had been convicted of tax evasion.

Both Samsung and Lee have denied the allegations as groundless.

The 11 billion won in bribes also include 1.7 billion won of secret funds from the country’s spy agency Lee allegedly pocketed, and 3.5 billion won Lee reportedly accepted from five different people, including a Buddhist monk, in return for policy favours.

Separately, prosecutors claim Lee embezzled 35 billion won over 12 years between 1994 and 2006.

Lee has dismissed what prosecutors say are “incriminating” documents and testimony from his relatives and aides as “fabrications”.

Kulen dig leaves archaeologists more convinced site was once palace of Angkor Empire’s first ruler

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/asean-plus/30342792

A team of archaeologists work to unearth a site believed to be the royal palace of King Jayavarman II, who made his capital atop Phnom Kulen. Photo supplied
A team of archaeologists work to unearth a site believed to be the royal palace of King Jayavarman II, who made his capital atop Phnom Kulen. Photo supplied

Kulen dig leaves archaeologists more convinced site was once palace of Angkor Empire’s first ruler

Breaking News April 09, 2018 10:32

By Phak Seangly and Alessandro Marazzi Sassoon
Phnom Penh Post
Asia News Network
Phnom Penh

An archaeological dig drawing to a close this week at Siem Reap’s Phnom Kulen has lent greater credence to the theory that it was the site of the royal palace of the Angkor Empire’s first ruler, Jayavarman II.

The five-week excavation within the Phnom Kulen National Park focused on a specific building within a 400-metre-by-600-metre site believed to be the palace compound of Jayavarman II. It was first identified in 2009, said Jean-Baptiste Chevance, the program director of the NGO Archaeology and Development Foundation, which works closely with the Apsara Authority and trains student archaeologists.

“The first investigation was precisely on that building in 2009 and the second was the Lidar survey in 2012, which confirmed that the site in itself was [likely] the royal palace,” he said, referring to a remote sensing method that can reveal ground features otherwise hidden by vegetation. “We are interested in the way it was constructed and the way it was used.”

To answer those questions they returned this year, with a team of 60 local and international archaeologists and workers and the support of the Environment Ministry and the Apsara Authority.

“It’s obviously one of the most important buildings because of the quality of the construction,” Chevance said.

Ngin Sarun, an archaeologist with the Apsara Authority, said questions to be addressed are whether the structure was the palace or the residence of the ninth-century king.

“We have not concluded 100 percent that it is a palace,” he said, noting the team had dug about 1.5 metres down and collected ceramics and pottery. According to Chevance, these, as well as soil and other collected samples, will reveal details about the building’s use and construction.

The square building is surrounded by a series of concentric walls and pavements with an eastern facing entrance.

“We wanted to know more about the specific building because it’s the most important in the royal palace . . . It’s apparently the only one made of such an amount of brick and such good quality,” he said.

Radio-carbon dating from previous digs, he continued, show that the building was abandoned at the end of the ninth century, corresponding with accounts from stone inscriptions that Jayavarman II built his capital atop Kulen Mountain at the end of the eighth and start of the ninth century after unifying fractured Cambodian kingdoms into one empire and establishing his rule by divine right.

“This settlement [and] this huge enclosure [the royal palace compound] is very organised and was occupied for a short time during the ninth century,” he said, noting that the reasons for residents abandoning the capital is a larger research focus of the project.

The compound’s “massive” size, its shape and its positioning within the larger urban grid discovered by LIDAR surveys suggest to Chevance that it was indeed the royal palace, though no inscriptions at the site as of yet provide any clues.

“[From] some of the artefacts, such as the ceramics that we unearthed, we can see the fact that it’s one of the most important buildings, but we still don’t have a full understanding of its function,” he said.

Environment Ministry officials declined to comment on Sunday but in a post on the ministry’s Facebook page on Saturday they wrote that one goal of such archaeological activities is to have Phnom Kulen inscribed as a Unesco World Heritage Site. It is currently on the body’s “tentative list”.

N. Korea ready to discuss denuclearization with US: report

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N. Korea ready to discuss denuclearization with US: report

ASEAN+ April 09, 2018 08:17

By Agence France-Presse
Washington

North Korean officials have told their US counterparts that Kim Jong Un is ready to discuss denuclearization, an assurance that could pave the way for a meeting with President Donald Trump, reports said Sunday.

It is the first time the offer was made directly to Washington, after it was previously conveyed through South Korean national security adviser Chung Eui-yong.

“The US has confirmed that Kim Jong Un is willing to discuss the denuclearization of the Korean Peninsula,” a Trump administration official told The Wall Street Journal and Washington Post on Sunday.

Washington stunned observers when it announced last month it had agreed to a historic first meeting between Trump and Kim to be held by the end of May.

But Pyongyang has not followed up with Washington since, which the Journal suggested had made US officials nervous that Seoul overstated the North’s willingness to negotiate over its own nuclear arsenal.

No specifics have yet emerged concerning the date or venue of the proposed summit.

US gambit

Trump’s decision to accept an invitation to talks dumbfounded foreign policy experts and caught his own staff off guard.

But many are remain skeptical about whether they can succeed.

Washington will accept nothing less than Pyongyang verifiably giving up its nuclear arsenal, fuel enrichment and ballistic missile program.

But Kim is likely to insist “denuclearization” includes withdrawing the promise of a US “nuclear umbrella” to deter attacks on its treaty ally South Korea.

And he will repeat his demand that US forces leave the peninsula, an extraordinary concession that it is hard to imagine any previous US president acceding to.

Diplomatic flurry

The development comes days after the two Koreas held a working-level meeting was aimed at ironing out the protocols, security measures and media coverage of the summit between Kim and the South’s president Moon Jae-in on April 27.

An ongoing rapprochement was triggered by the South’s Winter Olympics, to which the North sent athletes, cheerleaders and Kim’s sister as an envoy.

Kim has since embarked on a diplomatic overture that has seen him pencil in summit meetings with the South and the US and make his international debut with a visit to Beijing — his first overseas trip since taking power in 2011.

The rapid diplomatic thaw on the peninsula has even seen Kim and his wife attend a concert put on by South Korean pop stars in the North’s capital.

A different group of officials from the two sides will meet Saturday for another round of working-level talks to discuss setting up a hotline between the leaders of North and South Korea.