Source Pravda.Ru

U.S.-led consortium scraps project to build power-generating nuclear reactors for North Korea

A U.S.-led international energy consortium has scrapped a project to build power-generating nuclear reactors for North Korea, a news report said Wednesday.

The decision came at the end of a board meeting in New York of the Korean Peninsula Energy Development Organization, or KEDO, Kyodo News agency said.

KEDO's executive board members are the United States, South Korea, Japan and the European Union.

The two light-water reactors a type less easily used for weapons-related purposes were a reward to the communist state for agreeing to freeze and ultimately dismantle its nuclear program under a 1994 deal with the United States.

The US$4.6 billion (Ђ3.78 billion) project, however, was suspended in 2003 amid a renewed crisis over the North's nuclear ambitions. New York-based KEDO, which is manager of the project, has continued to hold occasional board meetings.

KEDO's board members have differed over what to do with the stalled project. The United States has apparently favored terminating it while South Korea and Japan have supported putting it on hold out of concerns termination may aggravate nuclear tension by angering the North, AP reports. P.T.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
Comments
Riots spark in Ukraine again, but people will not die for idiots this time
Russian PM Medvedev: USA undermines relationship with Russia for decades
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
North Korea is not a threat to the US
North Korea is not a threat to the US
Saudi Arabia readies to enjoy cinemas and music for the first time in 40 years
Capitalism reduced Indonesian cities to infested carcases
Russian politician says Donald Trump extremely dangerous for Russia
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
American Bioweaponry
Capitalism reduced Indonesian cities to infested carcases
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine