Published on 10:31 AM, May 12, 2018

US vows to make NKorea rich if it gives up nukes

Washington, District of Columbia : US Secretary of State Mike Pompeo and South Korea's Foreign Minister Kang Kyung-wha take part in a joint press conference at the State Department in Washington, DC on May 11, 2018. AFP

The United States promised Friday that it would work to rebuild North Korea's sanctions-crippled economy if Kim Jong Un's regime agrees to surrender its nuclear arsenal.

Secretary of State Mike Pompeo's vow came as senior US officials expressed growing optimism ahead of the landmark June 12 summit between Kim and President Donald Trump.

Pompeo, who held talks Pyongyang's young leader over the weekend, even said "we have a pretty good understanding between our two countries about what the shared objectives are."

He was speaking after talks with his South Korean opposite number Foreign Minister Kang Kyung-wha to coordinate Washington and Seoul's preparations for the historic encounter.

Many observers have warned Kim's regime will try to drive a wedge between the allies as the summit approaches, playing Seoul's fear of war against Washington's nuclear concerns.

 But both Kang and Pompeo insisted that they agreed on the need for the "total, permanent and verifiable" denuclearization of the divided peninsula.

Trump and South Korea's President Moon Jae-in are due to meet on May 22 at the White House for the next round of planning.

Pompeo said the United States would remain on board to help develop the North's economy, which has been devastated by its own mismanagement and crippling international sanctions.

"If North Korea takes bold action to quickly denuclearize, the United States is prepared to work with North Korea to achieve prosperity on par with our South Korean friends," he said.

 Since an ad hoc 1953 armistice put an end to active hostilities between the North and the South, South Korea has emerged from devastation to become a leading world economy.

But the North has remained one of the world's most isolated states and its outdated economy has been further battered by a UN-backed "maximum pressure" campaign of sanctions.

Over the past year Kim and Trump have added a personal touch to a half-century of international enmity, swapping insults and both openly threatening devastating direct military action.

Kim's regime also carried out missile tests that convinced US intelligence officials, including Pompeo in his former role as CIA chief, that North Korea could threaten US cities.

But South Korea's President Moon reached out to the North, reopening direct talks, and when Kim invited Trump to a summit to discuss disarmament the mood changed.

Pompeo flew to Pyongyang for talks and to recover three released American detainees, and now a summit date has been set for June 12 in Singapore.

"We had good conversations, conversations that involve deep complex problems, challenges, strategic decisions that chairman Kim has before him," Pompeo said.

The pair, he said, talked "about how it is he wishes to proceed and if he's prepared, in exchange for the assurances that we're ready to provide him, if he is prepared to fully denuclearize.

"We'll require a robust verification program, one that we would undertake with partners around the world which would achieve that outcome," he warned.

But he added: "I'm confident that we have a shared understanding of the outcome that the leaders want, certainly President Trump and chairman Kim, but I think President Moon as well."

South Korea's Kang shared in Pompeo's optimism and was at pains to insist that there is no daylight between how Washington and Seoul are approaching the talks.

"We agreed that the summit would be an historic opportunity for resolving the North Korean nuclear issue, and securing enduring peace on the Korean peninsula," she said.

"We reaffirmed that our goal is to achieve the complete, verifiable and irreversible denuclearization on the Korean Peninsula," she added, promising "air-tight" coordination.