Economics
U.S. Weighing 18-Month Sanctions Pause for North Korea, Yonhap Says
- Sanctions would snap back if North Korea fails to meet deal
- Two sides expected to soon meet to restart working-level talks
Coal stands at the border town of Siniuju, North Korea.
Photographer: Wang Zhao/AFP via Getty Images
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The U.S. is considering suspending some sanctions on North Korea for 12 to 18 months in exchange for a freeze on the country’s nuclear weapons program, the Yonhap News Agency reported.
The Trump administration would support lifting United Nations restrictions on North Korean coal and textiles exports as part of a deal to break their stalemate in nuclear talks, Yonhap said, citing an unidentified person close to the White House. In exchange, leader Kim Jong Un would be expected to dismantle his main nuclear complex at Yongbyon and halt his entire weapons program, the news agency from South Korea said.