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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam In message to North, S.Korea to hold nuclear summit AFP - Wednesday, April 14 Send IM Story Print In message to North, S.Korea to hold nuclear summit Slideshow: North Korea Nuclear Program WASHINGTON (AFP) - – South Korea was selected Tuesday as host of the next major nuclear summit in 2012 and vowed to use the occasion as an incentive to persuade defiant North Korea to give up its atomic arsenal. US President Barack Obama, who brought together 47 world leaders in one of Washington's biggest-ever gatherings to plot action on nuclear security, said South Korea would hold the next summit two years later. "This reflects South Korea's leadership regionally and globally," Obama told the summit. The announcement surprised many watching the summit, who presumed that Russia -- the world's second largest nuclear power which signed a treaty with Obama last week to reduce its arsenal -- would lead the next meeting. But world powers have increasingly been at a loss on how to handle North Korea, which has tested two nuclear bombs since 2006 and has called its arsenal a deterrent against the United States. South Korean President Lee Myung-Bak said that North Korea would be welcome at the summit if it made progress in six-nation talks, under which Pyongyang committed to denuclearization in return for security guarantees and aid. "If we can achieve substantive results through such peaceful dialogue, then of course we would welcome North Korea to take part in subsequent meetings," Lee told reporters. "We hope it can happen." Pledging to make the summit "a success," Lee thanked Obama for choosing South Korea and said it was a "historic achievement" for his country. "It has particular meaning and significance for Korea because it has always been exposed to the dangers of nuclear weapons and proliferation," Lee said. "Korea will continue to do all that we can to bring about lasting peace and stability on the Korean peninsula," he said. North Korea has figured only in passing in the Washington summit, which has zeroed in on the threat of Islamic extremists seizing loose nuclear material along with Western fears that Iran is developing a nuclear bomb. North Korea last year declared agreements from the six-nation talks void but later promised to return to the table after an appeal by China, the closest political and economic partner of the impoverished regime. But North Korea has since balked and insisted that the United States first sit down to hammer out a peace treaty, which could effectively bless leader Kim Jong-Il's rule. The 1950-53 Korean War ended only with an armistice. Kim has never visited the democratic South. But two of Lee's liberal predecessors, Kim Dae-Jung and Roh Moo-Hyun, traveled to Pyongyang for summits with Kim as part of a "sunshine policy" of reconciliation. Lee has taken a harder line since taking over in 2008, turning off the tap on generous aid as he presses the North on its nuclear program. Pyongyang has responded furiously, branding Lee a "traitor" and threatening to attack Seoul. But South Korea's relations with the United States have improved markedly since Lee took charge. Seoul was seen as the smoothest stop on Obama's first presidential tour of Asia last year. South Korea has been trying to raise its international profile and later this year will play host to a summit of the Group of 20 major economies -- another forum that supported by Obama. 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