Home / International / International -- FM Press Releases Tools: Save | Print | E-mail | Most Read
China Calls for Proper Resolution of N Korean Funds Issue
Adjust font size:

China on Friday called for a proper resolution of issues involving allegedly illicit funds held by North Korea in a Macao bank.

"China has noticed the recent statement made by the US Treasury Department and that made by the Macao Special Administrative Region government, and we hope these are conducive to properly resolving relevant issues," Chinese Foreign Ministry spokesman Qin Gang said in a statement.

"We hope for and encourage constructive efforts by the parties to jointly promote the process of the six-party talks (on the Korean Peninsula nuclear issue)," Qin said.

The United States said on April 6 that it supported the return of the allegedly illicit funds frozen in a Macao bank to North Korea.

"We support the release of all the funds. It is now a matter of technical implementation," US State Department spokesman Sean McCormack said. "We believe that we have identified a way to do that."

The United States on March 19 agreed to transfer the US$25 million frozen in the Macao-based Banco Delta Asia (BDA) to a North Korean account at the Bank of China in Beijing.
 
North Korea, which agreed at the six-party talks in February to shut down and seal the Yongbyon nuclear facility, insisted that unfreezing the funds was a prerequisite for starting other negotiations.

(Xinhua News Agency April 13, 2007)

Tools: Save | Print | E-mail | Most Read

Related Stories
N Korea Ready to Move on Nuclear Deadline
North Korean Funds Freed as Nuclear Deadline Nears
Japan Extends Economic Sanctions on North Korea
Hill: Pyongyang May Not Meet Nuclear Deadline
FM: Renewed Call for Timely Six-Party Cooperation
Six-Party Talks: Recess Only Temporary
Hill Confident in Resolving BDA Issue
> Korean Nuclear Talks
> Middle East Peace Process
> Iran Nuclear Issue
> Reconstruction of Iraq
> 6th SCO Summit Meeting
Links
- China Development Gateway
- Foreign Ministry
- Network of East Asian Think-Tanks
- China-EU Association
- China-Africa Business Council
- China Foreign Affairs University
- University of International Relations
- Institute of World Economics & Politics
- Institute of Russian, East European & Central Asian Studies
- Institute of West Asian & African Studies
- Institute of Latin American Studies
- Institute of Asia-Pacific Studies
- Institute of Japanese Studies
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright © China.org.cn. All Rights Reserved     E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号