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S. Korea, US, Japan vow to fully implement new NK sanctions
13 August 2017, 03:09 | Darnell Patrick
Kang Kyung-hwa shakes hands with Rex Tillerson
With the regime's latest long-range ballistic missile tests, North Korea's Foreign Minister Ri Yong-ho was again isolated from the sole multilateral forum Pyongyang takes part in.
The ASEAN ministers called for a "complete, verifiable and irreversible" denuclearization of the Korean Peninsula and for all parties to exercise "self-restraint" to deescalate the tensions and create an atmosphere conducive to talks. In two tests last month, North Korea demonstrated it could hit major population centers in the USA, and the country is now working to flawless the technology to allow those missiles to carry nuclear warheads.
China has repeatedly said it is committed to enforcing increasingly tough United Nations resolutions on North Korea, though it has also said what it terms "normal" trade and ordinary North Koreans should not be affected.
The secretary of State said one of the next steps is "obviously are to see that the Security Council resolution sanctions are enforced by everyone".
In his opening remarks for the Ministerial Meeting, Tillerson said that among the issues that have been discussed between him and the ASEAN officials are "a number of matters of mutual security interest, and a number of economic areas of interest".
BEIJING-China will pay the biggest price from the new United Nations sanctions against North Korea because of its close economic relationship with the country, but will always enforce the resolutions, Chinese Foreign Minister Wang Yi said.
"I think perhaps the more important element to that is just the message that this sends to North Korea about the unacceptability the entire global community finds what they're doing to be", he said. A statement from the White House says Trump and Moon "affirmed that North Korea poses a grave and growing direct threat to the United States, South Korea, and Japan, as well as to most countries around the world".
The sanctions can work only if North Korean leader Kim Jong Un concludes he has too much to lose by hanging on to his weapons.
But he applauded the Security Council vote on Twitter.
Ahead of the meetings, outspoken Philippine President Rodrigo Duterte branded Kim Jong Un as "crazy" for "playing with risky toys" that endangered the entire region.
He apparently was referring to his government's proposal of holding military and humanitarian talks with the north that contrasted with the more hardline USA position of stepping up sanctions and military pressure on the isolated communist state.
North Korea "will make the USA pay dearly for all the heinous crimes it commits against the state and people of this country", the statement said.
Tillerson aide R.C. Hammond says that after a productive first day, Tillerson has taken time to prepare for Day 2.
Should those talks occur, they would be the first military-to-military dialogue in three years.
Seoul had recently tested the missile shield successfully amid tests carried out by North Korea. Those capabilities are already a threat to neighbors and US allies South Korea and Japan.
South Korea's central bank reported last month that the North Korean economy grew by 3.9 percent in 2016, the healthiest growth in a decade-and-a-half.
Pandya ton lifts India to 487 in 3rd Test
Speaking about the team, Virat mentioned that they didn't practice today, but are confident ebough to hit the field tomorrow. Giving them instructions were chief selector Sanath Jayasuriya and senior members of the Sri Lankan team management.
US, France pledged to work to denuclearize North Korea
The influence of China in Pyongyang seems to be greatly reduced since Kim Jong Un became the North Korean leader in December 2011. Professor Lucas said: "The Chinese and the USA have been talking behind the scenes for months about what to do".
Dow slips 100 points as tensions with N.Korea escalate
The latest sell-off was the most severe yet, amounting to the biggest single-day drop for the stock market in almost three months. While the German DAX Index has edged down by 0.1%, the French CAC 40 Index and the UK's FTSE 100 Index are both down by 1%.
Markets slide, dollar slumps as North Korea fears spike
Crude oil futures are slipping USD0.10 to USD48.49 a barrel after tumbling USD0.97 to USD48.59 a barrel on Thursday. The dollar index .DXY, which tracks the greenback against six rival currencies, was down 0.17 percent to 93.391.
Strong 6.4 earthquake hits Indonesia's Sumatra: USGS
When contacted, the Singapore Civil Defence Force said it was aware of the quake but had not received any calls for assistance. Speaking to news agency AFP, Indonesia's meteorology and geophysics agency official said that the tremors were quite strong.