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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Euro heavy as EU disappoints, Aussie near 10-year high | Video 12:04am EST Factbox: Fashion world in shock over Alexander McQueen death 11 Feb 2010 U.S. dismisses Iranian uranium enrichment claims 11 Feb 2010 Rep Patrick Kennedy won't seek re-election: report 11 Feb 2010 UK govt forced to publish U.S. torture allegations 10 Feb 2010 Yahoo executives address "misconception" about search 11 Feb 2010 Stores looking to NY Fashion Week to lure shoppers 10 Feb 2010 North Korea envoy to go to U.S. for nuclear push Jon Herskovitz SEOUL Fri Feb 12, 2010 1:31am EST Related News Q+A: Will North Korea resume nuclear talks? If so, so what? 1:30am EST SEOUL (Reuters) - North Korea's chief nuclear envoy will make a rare visit to the United States next month, a news report said on Friday, indicating long-stalled talks on ending Pyongyang's atomic ambitions could be back on track. World | North Korea U.N. sanctions and a botched currency move that sparked inflation and civil unrest late last year have increased pressure on the destitute North to return to talks where it can win aid to prop up its wobbly economy by reducing its security threat. Kim Kye-gwan, the face of the North's nuclear diplomacy, was expected to visit the United States in March, South Korea's Yonhap news agency quoted diplomatic sources in Beijing as saying. The source said Kim planned to meet China's top envoy to the nuclear talks on Friday and return home the next day with a message from the North's biggest benefactor, Beijing. Kim's visit to China coincided with an unusually busy week of diplomatic activity for the reclusive North that included high-profile visits by envoys from China and the United Nations, and leader Kim Jong-il reiterating he wanted a peninsula free of nuclear weapons. Kim Kye-gwan's last trip to the United States was about three years ago and led a few months later to North Korea taking its first steps to disable the Soviet-era Yongbyon nuclear plant that produces bomb-grade plutonium. THE NORTH AND ITS DISARMAMENT PLEDGES North Korea later backed away from its disarmament pledges, expelled international inspectors, and produced a fresh batch of plutonium at Yongbyon that experts said could give it enough fissile material for one nuclear bomb. "If Kim is going to Washington, he will be taking something in hand and we will likely see significant results related to the six-way talks," said Kim Yong-hyun, a professor of North Korean studies at Dongguk University. North Korea has previously put conditions on its return to the talks, including ending U.N. sanctions and also having discussions with the United States on a peace treaty to replace the ceasefire that ended the 1950-53 Korean War. Resuming the talks could ease concerns among market players about investing in the heavily armed peninsula, but was unlikely to cause any major movements on stocks or foreign exchange trading, analysts have said. Investors, grown used to the mercurial ways of the North, expect no change in the "Korea discount", where equities, bonds and other assets are priced lower than regional peers on concerns that include risks from North Korea. The top U.N. political envoy, Lynn Pascoe, scheduled to leave Pyongyang on Friday, said ahead of his visit he will discuss several issues including U.N. sanctions imposed to punish North Korea for a nuclear test last year. (Additional reporting by Jack Kim and Christine Kim; Editing by Jonathan Thatcher and Ron Popeski) World North Korea Add a Comment More from Reuters IMF offers to help Greece; EU disappoints markets MUMBAI (Reuters) - The International Monetary Fund on Friday joined the European Union in pledging support for Greece in its struggle to bring its ballooning budget deficit under control and contain its debt crisis. | Video Toyota chief plans U.S. trip as Congress seeks answers | Video Asia shares up on EU Greece pledge, euro dips | Video Senators unveil long-awaited jobs bill Bill Clinton doing well after heart procedure Ex-Goldman programmer indicted over HFT code theft » More Top News Analysis: Policy fears dog China stocks Worries over China's next clampdown have jittery investors taking profits where they can and reluctant to hunt for bargains. Full Article Should Obama push harder on yuan? China CPI inflation slows, lending brisk China Jobs bill breakthrough Tax breaks for businesses and fresh construction projects feature in the Senate's $87 billion jobs bill. Full Article | Video Factbox: Tax breaks, pension relief Obama: No jobs, no recovery Obama tied in generic 2012 matchup Dems can't escape Palin questions POLITICS © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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