Kim open to another summit with Trump, with conditions Kim said his personal relationship with Trump remains good. North Korean leader Kim Jong Un delivering his speech at parliament in Pyongyang, North Korea. Image: AP/PA Images 8,721 Views We will wait with patience until the end of the year for the United States to come up with a courageous decision. But it will clearly be difficult for a good opportunity like last time to come up.Kim also during the speech made a nationalistic call for South Korea to support the North’s positions more strongly and criticized Seoul for acting like an “overstepping mediator” between Washington and Pyongyang.Kim held three summits last year with Moon, who lobbied hard to revive the nuclear talks between the United States and North Korea. Following the collapse of the Trump-Kim summit, the North had been urging the South to break away from Washington and proceed with inter-Korean economic projects that are currently held back by U.S.-led sanctions against the North.“The South should not act as an ‘overstepping mediator’ or a ‘facilitator’ and should rather get its mind straight as a member of the (Korean) nation and boldly speak up for the interest of the nation,” Kim said.‘Complete denuclearisation’When asked about Kim’s comments, South Korea’s presidential office said Seoul is committed toward keeping the atmosphere of dialogue alive and helping negotiations between Washington and Pyongyang resume at an early date.On Friday, KCNA reported that Kim was re-elected as chairman of the State Affairs Commission, the nation’s most important decision-making body, during a session of the Supreme People’s Assembly that praised his “outstanding ideological and theoretical wisdom and experienced and seasoned leadership.”Experts say the new appointments may be a sign of Kim’s desire to keep recent months of up-and-down nuclear diplomacy alive rather than returning to the threats and weapons tests that characterized 2017 when many feared a war on the Korean Peninsula.But the lack of substantial disarmament commitments from the North and the deepening impasse in nuclear negotiations have fueled doubts over whether Kim would ever voluntarily relinquish an arsenal he may see as his strongest guarantee of survival.Some experts say it’s becoming clear the North intends to turn the talks with the United States into a bilateral arms reduction negotiation between two nuclear states, rather than a unilateral process of surrendering its arsenal.Kim has signed vague statements calling for the “complete denuclearisation” of the peninsula in his meetings with Trump and Moon.But North Korea for decades has been pushing a concept of denuclearization that bears no resemblance to the American definition, with Pyongyang vowing to pursue nuclear development until the United States removes its troops and the nuclear umbrella defending South Korea and Japan. Tweet thisShare on FacebookEmail this article 17 Comments https://jrnl.ie/4590754 Short URL Image: AP/PA Images North Korean leader Kim Jong Un delivering his speech at parliament in Pyongyang, North Korea. By Associated Press Share95 Tweet Email NORTH KOREAN LEADER Kim Jong Un said he is open to a third summit with US President Donald Trump, but set the year’s end as a deadline for Washington to offer mutually acceptable terms for an agreement to salvage the high-stakes nuclear diplomacy, the North’s state-run media has said.Kim made the comments during a speech Friday at a session of North Korea’s parliament, which made a slew of personnel changes that bolstered his diplomatic lineup amid stalemated negotiations with the United States.His speech came hours after Trump and visiting South Korean President Moon Jae-in met in Washington and agreed on the importance of nuclear talks with North Korea.“We of course place importance on resolving problems through dialogue and negotiations. But US-style dialogue of unilaterally pushing its demands doesn’t fit us, and we have no interest in it,” Kim said during the speech.According to the Korean Central News Agency, or KCNA, Kim blamed the collapse of his summit with Trump in February on what he described as unilateral demands by the United States, which he said raised questions over whether Washington has genuine willingness to improve relations.But Kim said his personal relationship with Trump remains good and that they could exchange letters at “any time.”Trump responded to the remarks by saying he agreed with Kim about their relationship, and also expressed a desire for another summit.“I agree with Kim Jong Un of North Korea that our personal relationship remains very good, perhaps the term excellent would be even more accurate, and that a third Summit would be good in that we fully understand where we each stand,” Trump wrote on Twitter.“North Korea has tremendous potential for … extraordinary growth, economic success and riches under the leadership of Chairman Kim. I look forward to the day, which could be soon, when Nuclear Weapons and Sanctions can be removed, and then watching North Korea become one of the most successful nations of the World!” he tweeted.In his speech, Kim repeated earlier claims that North Korea’s crippled economy would persevere through heavy international sanctions imposed over its nuclear weapons program and that he wouldn’t “obsess over summitry with the United States out of thirst for sanctions relief”. The US has said the summit in Vietnam broke down because of the North’s excessive demands for sanctions relief in return for limited disarmament measures.In their first summit last June in Singapore, Trump and Kim issued a vague statement calling for a nuclear-free Korean Peninsula without describing when or how it would occur.Kim said the United States has been refusing to withdraw what the North perceives as “hostile policies” while sticking to “mistaken judgment that we would succumb to maximum pressure.”He said the North would not compromise on the “fundamental interests of our country and people, even by a speck,” and blamed the United States for arriving in Hanoi with “completely unrealizable plans.”“If the United States approaches us with the right manner and offers to hold a third North Korea-US leaders’ summit on the condition of finding solutions we could mutually accept, then we do have a willingness to give it one more try,” Kim added. Saturday 13 Apr 2019, 5:55 PM Apr 13th 2019, 5:55 PM
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If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. See all posts by Jabran Khan Jabran Khan | Friday, 30th October, 2020 | More on: VVO Image source: Getty Images Is this FTSE 250 stock a bargain or one to avoid? Here’s what I think Jabran Khan has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address 5 Stocks For Trying To Build Wealth After 50 One FTSE 250 stock I like and that is very cheap right now is Vivo Energy (LSE:VVO). VVO is a British company that distributes and markets Shell and Engen branded fuels and lubricants to retail and commercial customers in Africa. It maintains subsidiaries and operations in 23 countries across the continent. Cheap FTSE 250 stockAt the beginning of the year, shares in VVO could be purchased for 125p. When the market crashed, its share price tumbled to a low of 64.5p. As I write this, it has recovered slowly and shares are currently trading at only 75p per share. At its current price point I consider VVO to be quite cheap.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…VVO joined the FTSE 250 in April 2018 and was trading at a high of 172.5p per share. An argument could be made that its reduction in price is not a positive sign. My response to that would be that the recent economic downturn has affected nearly all companies and industries in a negative way. I would not base any investment opinion on share price alone, especially not right now due to the pandemic and crash.PerformanceReviewing Vivo’s longer-term performance across the past three years makes for positive reading. It has seen a year-on-year increase in revenue and gross profit, which is definitely a positive indicator for any investor.VVO today released its Q3 trading update and I feel there are some positive takeaways from it. As expected, Q2 was difficult for many firms in the FTSE 250.VVO recorded a gross cash profit of $187m which is impressive despite the recent restrictions it has faced due to the pandemic. This is only a 1% decrease compared to the same period last year when there were no restrictions or pandemic. Q3 volumes of 2,492m litres was a significant improvement from Q2 although it remained 7% lower year-on-year. VVO’s retail segment saw lower volumes but an improvement compared to the previous quarter. In addition to this, a number of countries it serves returned to year-on-year growth during Q3. Its commercial segment volumes were lower and impacted by a lack of international travel and movement.VVO initially suspended its 2019 dividend of 2.7 cents per share when the economic downturn first occurred. In its update today it has confirmed that it will now pay that dividend in December to shareholders who are on the register by 20 November 2020. This is a positive move as it shows the firm is confident in its financial flexibility and can reinstate its dividend.My verdictOverall, I really like Vivo Energy but there is an element of risk. There are positives, in that longer-term performance has been impressive. Its Q3 trading update shows that despite the market uncertainty, it is getting closer to pre-crash levels of performance and volumes. Due to the ongoing economic uncertainty and potential further restrictions, we could see another repeat of Q2 performance. This is where I believe the risk lies for VVO. At this moment, I would be willing to buy some shares in VVO. I wouldn’t be investing lots of cash but feel it could be worth buying some shares and keeping an eye on developments across the FTSE 250. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 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