Economics

North Korea Would Pay Price for 4th Nuclear Test, Park Says

  • South Korea to work with China, Japan to deal With North Korea
  • The country faces `major crisis' due to aging population

South Korean President Park Geun-hye reviews an honor guard as she arrives to meet Brazilian President Dilma Rousseff.

Photographer: Evaristo Sa/AFP/Getty Images
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North Korea will pay a price if it defies the United Nations and follows through on recent threatsBloomberg Terminal to conduct a fourth nuclear test or launch a long-range rocket, South Korean President Park Geun Hye said.

“Should the North go ahead with provocative actions that violate the UN Security Council resolutions, there will certainly be a price to be paid,” Park, 63, said in written answers to Bloomberg News before leaving Seoul on Friday to attend the UN General Assembly. “The Korean government is making every diplomatic effort to prevent the North from further belligerence, by working closely together with the international community including the U.S.”