header logo
Asia asset finance
Latest
Trump and Kim Jong-un in historic handshake at DMZ
Jun 30, 201912:40 PM
Trump and Kim Jong-un in historic handshake at DMZ

US President Donald Trump has shared a symbolic handshake with North Korean leader Kim Jong-un in the heavily fortified zone dividing the two Koreas.

 

Mr Trump became the first sitting US president to cross into North Korea after meeting Mr Kim at the demilitarised zone (DMZ).

 

Critics have dismissed it as pure political theatre, but others say it could set the scene for future talks.

 

Their last summit ended abruptly with no progress on denuclearization talks.

 

With no time for the all-important backroom diplomacy, it is expected to be largely a photo opportunity. However, it will be seen as a sign of their ongoing commitment to the denuclearization talks.

 

Negotiations with North Korea, to try to convince it to abandon its controversial nuclear programme, reached a peak last year when Mr Trump and Mr Kim had a historic meeting in Singapore.

 

They both committed to the “complete denuclearization” of the Korean peninsula, but without clarifying what that meant.

 

It was hoped their second meeting, in Hanoi in February, would make some concrete agreement about North Korea handing over its nuclear programme in exchange for some of the tight sanctions against it being lifted.

 

But those talks ended with no deal, as they failed to agree on the pace at which sanctions should be eased. Since then the negotiations have stalled, though Mr Kim and Mr Trump have exchanged letters recently.

 

What is the DMZ?

 

The DMZ, which runs about 4km (2.5 miles) wide and 250km long, has divided the peninsula since the Korean War ended in 1953.

 

Though that area, by definition, has no military installations or personnel, beyond it lies one of the most heavily militarised borders in the world.

 

The Joint Security Area (JSA) located at the Panmunjom village straddles the Military Demarcation Line and is where all negotiations between the two countries are held.

 

Tourists can also go to the JSA when relations between the two countries - still technically at war - allow it. No US sitting US president has been inside it. Bill Clinton once described it as the “scariest place on Earth”.

 

Source: BBC
-Agencies

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Lassana Flora