S. Korea releases booklet with details on Yoon's 'audacious plan'

이원주 / 2022-11-21 15:03:37
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S Korea-audacious plan
▲ Unification Minister Kwon Young-se, South Korea's point man on inter-Korean relations, speaks during an interview with Yonhap News Agency at his office in Seoul on Nov. 16, 2022. (Yonhap)

S Korea-audacious plan

S. Korea releases booklet with details on Yoon's 'audacious plan'

By Yi Wonju

SEOUL, Nov. 21 (Yonhap) -- South Korea's unification ministry said Monday it will create a "strategic environment" for North Korea to return to the negotiating table in a booklet detailing the Yoon Suk-yeol administration's stated "audacious" proposal designed to help Pyongyang improve its economy in exchange for denuclearization.

The government will also provide support for eventually "normalizing" diplomatic ties between the North and the United States, according to the booklet released earlier in the day.

The ministry outlined a three-step approach of providing various corresponding measures to the North, ranging from food and aid exchange programs to inter-Korean trade and investments.

Kwon Young-se, South Korea's top point man on North Korea, urged Pyongyang to cease all provocations and return to nuclear talks during his opening speech at a seminar on the audacious initiative.

"If North Korea comes forward to the negotiating table, we will be able to put on the table the issues that it is concerned with and discuss them based on mutual reciprocity," he said.

In the initial stages, the ministry said it will push ahead with programs to help improve the livelihood of North Koreans, including the Resources-Food Exchange Program (R-FEP), if the North returns to denuclearization talks. The R-FEP centers on allowing the export of the North's mineral resources, currently banned under global sanctions, in exchange for food and daily necessities.

Inter-Korean economic exchanges in the second stage will include port and airport modernization, as well as improving the North's infrastructure, power generation and hospitals.

Seoul will also seek to sign a peace treaty with the North, and help Washington and Pyongyang establish diplomatic ties in the final stages of "complete" denuclearization, it said. The two Koreas are still technically at war, as the conflict ended only with an armistice, not a peace treaty.

The ministry did not provide details on what exact measures the North must take in each of the steps to receive economic incentives.

"Regarding the question on what constitutes as 'realistic denuclearization,' we will work on the details after we start negotiations with North Korea," a ministry official told reporters on the customary condition of anonymity.

In August, Yoon publicly proposed an "audacious" initiative to North Korea, promising to offer economic incentives in return for Pyongyang's commitment to denuclearization. The North has rejected the proposal as "absurd," vowing not to trade its nuclear arsenal for economic aid.

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