North Korea slams Yoon's 'audacious' aid-for-denuclearization plan

Pyongyang has shot down similar proposals, including one from Donald Trump

20220816 Nuclear NK

South Korean President Yoon Suk-yeol has fleshed out an "audacious" plan to offer North Korea aid economic assistance in return for dropping its nuclear ambitions. (Source photos by Reuters and KCNA) 

GABRIELA BERNAL, Contributing writer

SEOUL -- South Korean President Yoon Suk-yeol on Monday fleshed out an "audacious" plan for North Korea centered on providing economic incentives in exchange for concrete denuclearization steps.

"The audacious initiative that I envision will significantly improve North Korea's economy and its people's livelihoods in stages if the North ceases the development of its nuclear program and embarks on a genuine and substantive process for denuclearization," Yoon said in his Liberation Day speech.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.