Monday, March 19, 2007

Japan's turn

Since the strange kabuki over the Macao bank seems to be resolved:
U.S. officials announced earlier Monday an agreement to release $25 million in frozen North Korean funds held in Banco Delta Asia, a bank in Macau. It was a significant reversal of the Treasury's previous position that much of the money had been illicitly laundered by the bank for North Korea and would remain frozen. North Korean officials seemed satisfied and issued no "ultimatums" about how and when the money would be transferred, Hill said.
The WaPo reports that Japan is kicking up their heels: (above quote is from the same article)
But a Japanese official in Beijing complained of a deadlock over questions about North Korea's abduction of Japanese citizens. "At this juncture, we are not ready to extend energy or economic assistance to North Korea, when the abduction issue or the normalization" of relations between Japan and North Korea "do not show progress," the official said, speaking on condition of anonymity.
Reactor shutdown is supposed to happen in mid-April, what are the odds?


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