First Phase of North Korea Oil Reward to Finish Soon

South Korea is expected next week to complete the first phase of oil shipments to be awarded to North Korea for implementing an international denuclearization agreement, Agence France-Press reported (see GSN, July 24).

The last of 50,000 tons of fuel oil is scheduled to arrive ahead of schedule at the North Korean port of Sonbong on July 30, said South Korean Unification Ministry spokesman Kim Nam-sik.  The oil has been arriving intermittently since July 12. 

The Stalinist state is receiving the oil in return for shuttering its Yongbyon nuclear facility, an initial provision of the six-party nuclear agreement (Agence France-Presse/Gulf Times, July 24).

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