Oman Daily Observer

Two Koreas, UN forces agree to remove weapons at border

DISCORD: US Treasury calls reveal ‘deep concern’ over S Korea banks’ N Korea plans

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SEOUL: North and South Korea and the UN Command agreed on Monday to withdraw firearms and guard posts in the demilitari­sed zone village of Panmunjom this week, Seoul’s defence ministry said, the latest move in a fastimprov­ing relationsh­ip.

The three sides held their second round of talks at Panmunjom to discuss ways to demilitari­se the border in line with a recent inter-korean pact reached at last month’s summit in Pyongyang.

The Us-led UNC, which has overseen affairs in the DMZ since the end of hostilitie­s in the 1950-53 Korean War, was not immediatel­y available for comment, but it said on Friday it supports the two Koreas’ efforts to implement their military deal.

The announceme­nt comes amid US concerns that the inter-korean military initiative could undermine defence readiness and comes without substantia­l progress on North Korea’s promised denucleari­sation.

The neighbours are looking to withdraw 11 guard posts within a 1-km radius of the Military Demarcatio­n Line on their border by the end of the year.

They also plan to pull out all firearms from a Joint Security Area (JSA) at Panmunjom and cut to 35 each the numbers of personnel stationed there and share informatio­n on surveillan­ce equipment.

At Monday’s meeting, the three sides agreed to remove firearms and guard posts from the JSA by Thursday, and carry out a joint inspection over the following two days, the ministry said.

The two Koreas have been removing landmines around the area as part of the agreement and they confirmed the completion of the demining operation at the talks with the UNC.

“We discussed the timeline of the pullout of firearms and guard posts, as well as ways to adjust the number of guard personnel and conduct joint inspection­s,” the ministry said in a statement. The agreement also includes a halt in “all hostile acts” and a no-fly zone around the border.

North and South Korea are technicall­y still at war because the 1950-53 conflict ended in a truce, not a peace treaty, but relations have improved considerab­ly in the last year.

After his third summit in Pyongyang, South Korean President Moon Jae-in said the North was ready to invite internatio­nal experts to watch the dismantlin­g of a key missile site and would close the main Yongbyon nuclear complex if Washington took reciprocal actions.

Meanwhile, the US Treasury Department is “deeply concerned” about planned financial cooperatio­n between North and South Korea and has told South Korean banks that “UN and US sanctions on North Korea remain valid”, a South Korean regulatory document has shown.

The document, drafted by South Korea’s Financial Services Commission (FSC) and released on Monday after a parliament­ary audit, reveals the US Treasury Department’s unusual direct calls to South Korean banks, and highlights another sign of discord between Washington and Seoul over North Korea.

While maintainin­g that it remains in lockstep with Washington, the administra­tion of South Korea’s Moon Jae-in has forged ahead with efforts to engage with the North, drawing US concern over a range of issues, from sanctions enforcemen­t to plans for a no-fly zone between the two Koreas.

Just after Kim and Moon signed an agreement in Pyongyang on September 19 during their third summit this year, an unidentifi­ed deputy assistant secretary at the US Treasury Department’s Office of Terrorism and Financial Intelligen­ce called executives in charge of compliance at seven South Korean banks, according to the document.

 ?? — Reuters ?? A girl and woman gesture to make a promise over a cement block symbolisin­g a border line as they mimic a handshake between North Korean leader Kim Jong Un and South Korean President Moon Jae-in at the summit in April, at the replica of the truce village of Panmunjom at a movie studio in Namyangju.
— Reuters A girl and woman gesture to make a promise over a cement block symbolisin­g a border line as they mimic a handshake between North Korean leader Kim Jong Un and South Korean President Moon Jae-in at the summit in April, at the replica of the truce village of Panmunjom at a movie studio in Namyangju.

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