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Six-party nuclear talks are stalled once again as North Korea is boycotting them until it has the money from its unfrozen accounts with the Macau-based Banco Delta Asia in hand. The US$25 million has yet to be transferred to the Chinese banks designated as recipients. The talks resumed Monday after the U.S. promised to free the accounts. Sources in Beijing on Wednesday said the North is staying away until BDA and the Chinese banks complete the asset transfer. The Bank of China, a Chinese commercial bank, is reportedly refusing to receive the unfrozen North Korean funds out of concern that receipt of North Korean assets could hurt its international credibility. Nor is BDA transferring the money, saying it has not received a transfer request.
North Korea¡¯s top nuclear negotiator Kim Kye-gwan boycotted a meeting of chief negotiators citing the unresolved BDA issue on Wednesday. The six top negotiators are to meet again Thursday morning.
(englishnews@chosun.com )
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