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By Daniel SchearfA second round of talks between U.S. and North Korean officials on U.S. financial sanctions have ended its first day in Beijing with little sign of progress. China has announced that parallel talks on North Korea's nuclear weapons programs will resume February 8, but Pyongyang has said there will be no progress until the financial sanctions are lifted. Daniel Schearf reports from Beijing.
Daniel Glaser |
Late Tuesday, Glaser said they discussed North Korean financial activity at a Macau bank, Banco Delta2 Asia, and U.S. concerns about counterfeiting3. He said recent documents confirm a lot of "troubling activity" at the Macau bank.
He said, "The working group today gave us the opportunity to discuss those issues with our counterparts from North Korea and hopefully as we move forward will give us the opportunity to shed more light upon some of the issues that we are concerned about."
Glaser says the two sides will continue talks Wednesday morning at the North Korean embassy. Earlier in the day he had said the discussions would last at least two days.
The U.S. imposed sanctions on Banco Delta Asia in 2005, alleging4 it was supporting North Korean money laundering5 and other illicit6 financial activities.
As a result of those sanctions, many banks in other countries have limited their dealings with North Korea, effectively blocking the already isolated7 nation from the international banking8 system.
The U.S. financial sanctions have been a major obstacle to six-nation talks aimed at ending North Korea's nuclear programs.
North Korea had boycotted9 those talks for a year but returned to negotiations10 in December after the U.S. agreed to discuss the sanctions at separate meetings held at the same time. No breakthrough was made during either set of talks.
China, the host of the six-nation negotiations, which also include South Korea, Japan, and Russia, announced Tuesday they would resume on February eighth.
However, it is not clear how much progress can be made.
Pyongyang has said it wants the financial sanctions lifted before it will to give up its nuclear programs in return for aid and security guarantees.
1 treasury | |
n.宝库;国库,金库;文库 | |
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2 delta | |
n.(流的)角洲 | |
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3 counterfeiting | |
n.伪造v.仿制,造假( counterfeit的现在分词 ) | |
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4 alleging | |
断言,宣称,辩解( allege的现在分词 ) | |
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5 laundering | |
n.洗涤(衣等),洗烫(衣等);洗(钱)v.洗(衣服等),洗烫(衣服等)( launder的现在分词 );洗(黑钱)(把非法收入改头换面,变为貌似合法的收入) | |
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6 illicit | |
adj.非法的,禁止的,不正当的 | |
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7 isolated | |
adj.与世隔绝的 | |
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8 banking | |
n.银行业,银行学,金融业 | |
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9 boycotted | |
抵制,拒绝参加( boycott的过去式和过去分词 ) | |
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10 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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