Tuesday, May 3, 2016

THREATS FROM NORTH KOREA: SoKor President Park in Iran

South Korean president Park Geun-hye arrived in Iran for her state visit, becoming the first Korean leader to enter the Middle Eastern nation. Along with Iranian leader Hassan Rouhani, the historical summit talks between the two nations discussed ways to boost bilateral ties.

At a joint press conference, the two leaders announced 66 MOUs, covering a broad range of sectors from power plant and railway construction to cultural cooperation, The deals amount to some 37-billion US dollars for South Korea, which will take part in numerous infrastructure projects with Iran as it looks to rebuild the economy after the lifting of international sanctions.

The newly found cooperation also include telecommunications, trade and investment financing, as well as healthcare. The two countries will also each build a cultural exchange and business complex in each other's countries.

As for North Korea's nuclear issues, Rouhani shared his nation's ground, saying he supports changes on the Korean peninsula as Iran is against any type of nuclear development.

Meanwhile, South Korea's defense ministry said that North Korea could carry out a fifth nuclear test around its party congress slated for late this week as it seems to have completed all preparations. The ministry said there's a high possibility that the North would carry out the test and fire off missiles soon around the party congress, which is scheduled this Friday.

Satellite imagery provided by an American website monitoring the reclusive state shows continued low-level activity at North Korea's nuclear test site, amid concern Pyongyang could conduct another test in the coming days.

Source: Arirang News

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