CFR.org | Stalled Again at Six-Party Talks

Even as a path is cleared to meet the requirements of the North Korean denuclearization agreement reached in February, another round of Six-Party Talks has stalled. The February deal, which requires Pyongyang to shut down its main nuclear reactor within sixty days in exchange for fuel oil, involves a series of bilateral talks, including U.S.-North Korea negotiations aimed at normalizing relations. On March 14, Washington broke through on one of the biggest obstacles in its relations with Pyongyang with a decision that allows the release of $25 million (LAT) in North Korean funds from a Macao-based bank.