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Wednesday, 30 December 2009 - North Korea pilfering nuclear reactor site: report |
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    Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Obama blames "systemic failures" for plane attack | Video 29 Dec 2009 Employers see uptick in hiring in 2010 29 Dec 2009 U.S. missile shield holding up nuclear deal: Putin 29 Dec 2009 Special Report: America's route to recovery | Video 29 Dec 2009 Target Co was victim of hacker Albert Gonzalez 29 Dec 2009 Tiger Woods scandal cost shareholders up to $12 billion 29 Dec 2009 Chavez says Obama "illusion" over 28 Dec 2009 Employers see uptick in hiring in 2010 29 Dec 2009 "Dead" man wakes up under autopsy knife 17 Sep 2007 Italy toy store opens at 4 a.m. to help frantic mother 26 Dec 2009 North Korea pilfering nuclear reactor site: report SEOUL Tue Dec 29, 2009 11:52pm EST Related News North Korea says U.S. man arrested for illegal entry Tue, Dec 29 2009 North Korea says U.S. man has crossed its border Mon, Dec 28 2009 U.S. rights activist crosses into North Korea: reports Fri, Dec 25 2009 North Korea hints ready to return to nuclear talks Fri, Dec 11 2009 SCENARIOS: Next steps in North Korea nuclear talks Fri, Dec 11 2009 SEOUL (Reuters) - North Korea has been taking equipment left at a nuclear reactor site when an international consortium halted work on grounds that the communist state was breaking an agreement, a news report said on Wednesday. World  |  North Korea If the report is true, the pilfering would be in defiance of a deal the North reached in the 1990s with regional powers and could cloud a recent push to restart international disarmament-for-aid discussions. Billions of dollars were poured into the project to build two relatively proliferation-resistant light water reactors for the North in return for a promise to freeze its nuclear plant that produce arms-grade plutonium. The deal was halted in 2002 with a third of the work finished. North Korea may have used some of the more than 200 pieces of heavy equipment taken from the site on its northeast to stage a nuclear test in May, South Korea's JoongAng Ilbo newspaper said, quoting government officials. "The removal of equipment without taking steps to settle financial issues is a clear violation of the agreement and can be construed as theft," one official was quoted as saying. South Korea bore the majority of the costs spent on the project arising from a deal called the Agreed Framework, signed in 1994 by the United States and North Korea. A consortium called KEDO to build the nuclear plants also grew out of the deal. Equipment left behind at the site is valued at 45.5 billion won ($39 million), including cranes and bulldozers and nearly 200 trucks and other vehicles, the JoongAng Ilbo said. Most of the 6,500 tonnes of steel and 32 tonnes of cement left behind has also been taken from the site by the destitute North, which is desperately short of building material. South Korea's Unification Ministry declined to comment. North Korea was hit by U.N. sanctions after its nuclear test in May that experts said further squeezed its already broken finances and may be pushing it back to stalled talks on ending its atomic ambitions in the hopes of winning aid. North Korea indicated it may be ready to resume dialogue after the first envoy sent by U.S. President Barack Obama visited its capital this month for talks. In an incident that could increase tension, North Korea on Tuesday said it was holding a U.S. citizen who crossed into the state. The North may use the arrest of activist Robert Park, who said he was crossing into the state to raise awareness about its human rights abuses, as a bargaining chip with Washington in the nuclear talks, analysts said. (Reporting by Jack Kim; Editing by Jon Herskovitz and Ron Popeski) World North Korea More from Reuters Obama blames "systemic failures" for plane attack KANEOHE, Hawaii (Reuters) - President Barack Obama on Tuesday blamed "human and systemic failures" for allowing a botched Christmas Day attack aboard a Detroit-bound airliner and a U.S. official said the incident was linked to al Qaeda. | Video Asian shares wilt before year-end, dollar perky | Video Japan sets long-term economic goals, meets skepticism GMAC to get $3.5 billion in added aid from government: report Oil steady as crude stockbuild offsets fuel drop JAL shares down 25 percent as bankruptcy worries mount » More Top News Toyko trade gets turbocharged The "Arrowhead" gives Asia's largest -- and long derided -- bourse a viable electronic trading platform, it hopes.  Full Article  Thai bourse to cut brokerage fees Mexico promotes bourse, IPOs scarce Global Markets JAMES SAFT: Welcome to the "Teenies" Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary  Why credit-card rates won't be capped COMMENTARY © Copyright 2009 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. 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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