ABC Money
Home

Six-way talks on NKorea have failed -John Bolton


Published :
Wed, 17 Jan 2007 11:32
By : Agencies
Print this Story


AddThis Social Bookmark Button

TOKYO (XFN-ASIA) - Former US ambassador to the UN John Bolton said six-way talks on North Korea's nuclear arms had failed and a breakthrough would only come after the collapse of Kim Jong-Il's regime.

'Six-party talks have not worked. They are not likely to work,' said the former diplomat, who relinquished his UN post in December in the face of strong opposition to his nomination by opposition Democrats.

In a speech to reporters in Tokyo, he said North Korea was unlikely to voluntarily give up nuclear arms.

World powers 'need to do something different in order to prevent North Korea from becoming an even greater threat to the region and around the world than it already is,' said Bolton, now a senior fellow at the American Enterprise Institute, a conservative think tank.

The six-party talks, which group the two Koreas, China, Japan, Russia and the United States, were launched in 2003 in a bid to persuade Pyongyang to abandon its efforts to develop nuclear weapons.

However, North Korea carried out its first nuclear test on October 9 last year, and the latest round of the talks in December ended in deadlock as Pyongyang insisted financial sanctions be lifted before it would discuss nuclear disarmament.

'I think, realistically over time, the only answer to the North Korean nuclear weapons program is the collapse of the regime and North Korea, and hopefully a peaceful reunification of the Korean peninsula,' said Bolton.

China had invested much in the talks, only to see failure, Bolton said.

'I think continuing the failed process would cause even more embarrassment for China,' he said.

afp




Share on


 You Might Like
Fidelity's hotshot manager Bolton plans less active role
Eurotunnel files for protection from creditors
+
WTO's Lamy welcomes US-EU push to revive Doha trade round
Scolari says no to FA offer

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
10340.69
-107.24 ( -1.03 %)
NASDAQ
2792.28
22.57 ( 0.81 %)
FTSE 100
5741.15
38.78 ( 0.68 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
STANDARD CHARTERED ( 11:35am )
1559.00
70.00 ( 4.76 %)
WOLSELEY PLC ( 11:35am )
2250.00
70.00 ( 3.20 %)
CARNIVAL ( 11:35am )
2017.00
46.00 ( 2.42 %)
LAND SECURITIES GROUP ( 11:35am )
679.50
36.50 ( 5.63 %)
WHITBREAD ( 11:35am )
1662.99
33.99 ( 2.09 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
3M COMPANY ( 12:34pm )
85.78
0.71 ( 0.83 %)
BOEING CO ( 12:34pm )
75.70
0.64 ( 0.85 %)
JP MORGAN CHASE CO ( 12:34pm )
37.03
0.49 ( 1.33 %)
WAL MART STORES ( 12:34pm )
60.44
0.43 ( 0.72 %)
IBM ( 12:34pm )
181.50
0.43 ( 0.24 %)

SYMBOL ( 2012-01-19 )
LAST
CHANGE
F5 NETWORKS INC ( 12:11pm )
122.38
13.92 ( 11.80 %)
ICO GLOBAL COMM CL A ( 8:01pm )
99999999.99
9.37 ( 366.02 %)
PRICELINECOM INC ( 12:23pm )
525.40
6.57 ( 1.26 %)
AMAZONCOM INC ( 12:04pm )
195.65
6.21 ( 3.25 %)
MILLICOM INTERNATIONAL CELLULAR SA ( 4:00pm )
110.18
4.82 ( 4.43 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save money

Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.