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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared AIG, autos offset Treasury bank bailout profits 11 Jan 2010 Italy in racism debate as migrants quit riot town 10 Jan 2010 Fox waits for Conan O'Brien to decide his own fate 11 Jan 2010 Japan tech needs M&A but patent war more likely 11 Jan 2010 Venezuela's devaluation will cost some U.S. companies 11 Jan 2010 AIG, autos offset Treasury bank bailout profits 11 Jan 2010 Italy in racism debate as migrants quit riot town 10 Jan 2010 Venezuela's devaluation will cost some U.S. companies 11 Jan 2010 Sony to open new chapter in "Spider-Man" saga 11 Jan 2010 Fed earned $45 billion in 2009: report 11 Jan 2010 North Korea digs in on U.S. peace talks demand Chris Buckley and Benjamin Kang Lim BEIJING Tue Jan 12, 2010 1:31am EST Related News Q+A: Why is North Korea seeking peace treaty with U.S.? Mon, Jan 11 2010 North Korea calls for peace treaty to replace armistice Mon, Jan 11 2010 U.S. envoy says North Korea rights record "appalling" Sun, Jan 10 2010 South Korea calls on North to search for war dead Mon, Jan 4 2010 North Korea says wants end to hostile U.S. ties Thu, Dec 31 2009 BEIJING (Reuters) - North Korea will not return to nuclear disarmament negotiations unless the United States agrees to peace treaty talks and lifts sanctions, a senior North Korean diplomat said on Tuesday, leaving little room for compromise. World | North Korea Pyongyang has urged talks with the United States and other powers to formally end the 1950-53 Korean War, while the White House has said North Korea must first rejoin the long-stalled six-party nuclear negotiations before such proposals can be considered. North Korea's ambassador to China, Choe Jin-su, said in a rare news briefing in Beijing there could be immediate progress if the reclusive state's demands were met. But six-party negotiations could resume only with the lifting of sanctions on North Korea and acceptance of its latest proposal for peace treaty talks. "Only concluding a peace treaty can eradicate the hostile relations between the DPRK and the United States and rapidly and actively advance denuclearization of the Korean peninsula," Choe told a small group of reporters, speaking through English and Chinese translators. North Korea may be calling for a peace deal and a lifting of sanctions to delay the nuclear talks and boost its leverage once the discussions finally begin, analysts said. The DPRK, or Democratic People's Republic of Korea, is the formal name for North Korea, which staged its second-ever nuclear test in May 2009, drawing international condemnation and a fresh round of U.N. sanctions. "Only if the sanctions on the DPRK -- these barriers expressing discrimination and distrust -- are removed can the six-party talks resume," said Choe. "If the sanctions on the DPRK are lifted, then the six-party talks can resume immediately. The key word is immediately." CONCESSIONS, THEN TALKS Choe's demands echoed his government's often-repeated calls for other powers to make concessions before it returns to the disarmament talks, which bring together North and South Korea, host China, the United States, Japan and Russia. But the rare briefing by the ambassador suggested North Korea is digging in its heels. "The best thing would be for the DPRK and the United States bilaterally to first sit down together for talks," said Choe. The administrations of presidents Barack Obama and George W. Bush have said Washington can discuss a peace treaty once the North ends its nuclear arms program, considered one of the biggest security risks to economically vital North Asia. South Korean Defense Minister Kim Tae-young was skeptical about the North's peace treaty proposal. "There have been many cases where North Korea has made a gesture of peace while stepping up its provocations," Kim told a news conference in Seoul. "Our military should promote peace talks but we are always aware that North Korea can create provocations in any situation." This year marks 60 years since the start of the Korean War, which also drew China and the United States and their allies into the conflict that ended with an armistice in 1953. No full peace treaty to end hostilities formally has been signed. South Korea was not a party to the armistice. Choe said he did not know whether Seoul would be a part of any peace treaty. Japanese and South Korean news reports recently have cited claims North Korea's secretive top leader, Kim Jong-il, may visit China soon, his nation's neighbor and key economic backer. But neither Beijing nor Pyongyang has announced any trip by Kim, and Choe did not answer a question about the role any such visit could play. (Additional reporting by Christine Kim and Jon Herskovitz in Seoul; Editing by Ken Wills and Nick Macfie) World North Korea More from Reuters Cadbury rejects Kraft, reports robust trading LONDON (Reuters) - Britain's Cadbury Plc reported robust 2009 results and an upbeat 2010 outlook on Tuesday in its last bid to escape from Kraft Foods' 10.5 billion pound ($17 billion) hostile bid. JAL awash with sell orders on possible delisting BofA in talks to settle with Cuomo's office: report FAA calls for inspections of older Boeing 737s: report Asian stocks down on China policy fears | Video North Korea digs in on U.S. peace talks demand » More Top News ANALYSIS: What went wrong? The once-dominant Japanese have a lot of catching up to do in the technology arena but many investors aren't holding their breath. Full Article Internet kids like to keep it real Video: Scientists to create brain library TECHNOLOGY The price of devaluation Venezuela's devaluation of its currency is hitting home, with the ripples washing over American companies and their stock prices. Full Article Factbox: Chavez orders devaluation Venezuela bonds soar Currencies © 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 ECVJ 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. 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