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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 Weekend Edition Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam South Korea's conciliatory Lee hints at summit with North Reuters - Tuesday, February 1 Send IM Story Print By Jack Kim SEOUL - South Korean President Lee Myung-bak said on Tuesday he had high hopes for the first inter-Korean talks in months, marking a significant softening in tone and holding out the possibility of a summit with North Korea. Tensions have eased on the divided peninsula since the two Koreas last month agreed to talks about the bombardment of a South Korean island by the North in November, as well the sinking of a South Korean warship last March. The two attacks killed 50 people. Regional powers have nudged the neighbours, still technically at war having signed a truce rather than a peace treaty to end the 1950-53 Korean War, back to the negotiating table to try to defuse the crisis and pave the way for the resumption of stalled aid-for-disarmament talks. "I don't deny it," Lee said when asked during a live televisions interview if progress at upcoming talks could possibly lead to a summit. "We can have a summit if needed." The North and South have only held two summits, in 2000 and 2007. Lee cut off a decade of unconditional aid to the North when he took office in 2008, angering Pyongyang, and demanded the isolated neighbour end its nuclear programmes if it wanted Seoul to get back to commercial exchange and giving aid. Lee said he had high expectations that the North will abandon the path it has taken in the past of staging hostile acts to raise tensions, then seeking dialogue with the wealthy South to win concessions. "I believe this is a good opportunity for the North, that it is engaging in dialogue with the South at this point," he said. "I have high expectations that it is time for change." Lee's conciliatory tone and the North's appeals for talks mark a significant shift from the warlike rhetoric bandied between the neighbours at the end of last year. The two Koreas have agreed to discuss the Yeonpyeong island attack and the sinking of the South's warship which Seoul has blamed on the North. Pyongyang says the South provoked the island attack by test-firing shells into its waters, and says it had nothing to do with the sinking of Cheonan warship. Analysts say it is unlikely it will change its stance during the talks. Seoul has suggested preliminary military talks take place at the Panmunjom truce village on February 11. The talks are meant to set the agenda for a more senior meeting, possibly at ministerial level. The South has also proposed separate talks to gauge Pyongyangy's sincerity about denuclearisation, the key component of stalled aid-for-disarmament talks which the North walked out of two years ago. The North has yet to respond to the proposal for bilateral nuclear talks. Recommend Send IM Story Print Related Articles S. Korea's Lee urges North to improve ties AFP - 15 minutes ago Aussie swimming legend Thorpe to announce future plans AFP - 27 minutes ago Japan volcano blast smashes windows AFP - 30 minutes ago Somali pirates like life in S.Korea: report AFP - 46 minutes ago China gives parents control of kids' online gaming AFP - 1 hour 4 minutes ago News Search Top Stories BP says makes $4.9bln annual loss, first since 1992 U2's The Edge in row over Malibu home plans Canada investigates mass sled dog slaughter US golfer Woods finds old habits hard to shake Photos released to protect endangered Amazonians More Top Stories » ADVERTISEMENT Most Popular Most Viewed WikiLeaks' Assange 'dressed as old woman' to evade CIA: book Brain scan can tell if a smoker will quit US golfer Woods finds old habits hard to shake Egypt protesters call for 'million-man march' Photos released to protect endangered Amazonians More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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