Wednesday, 3 April, 2002, 12:06 GMT 13:06 UK
US grants N Korea nuclear funds Pyongyang threatened to pull out of the nuclear deal
The US Government has announced that it will release $95m to North Korea as part of an agreement to replace the Stalinist country's own nuclear programme, which the US suspected was being misused. Under the 1994 Agreed Framework an international consortium is building two proliferation-proof nuclear reactors and providing fuel oil for North Korea while the reactors are being built.
In releasing the funding, President George W Bush waived the Framework's requirement that North Korea allow inspectors to ensure it has not hidden away any weapons-grade plutonium from the original reactors.
President Bush argued that the decision was "vital to the national security interests of the United States".
more at:
http://news.bbc.co.uk/2/hi/asia-pacific/1908571.stmvia:
http://www.rawstory.com/ANDThe two faces of Rumsfeld
2000: director of a company which wins $200m contract to sell nuclear reactors to North Korea
2002: declares North Korea a terrorist state, part of the axis of evil and a target for regime change
Randeep Ramesh
Friday May 9, 2003
The Guardian
Donald Rumsfeld, the US defence secretary, sat on the board of a company which three years ago sold two light water nuclear reactors to North Korea - a country he now regards as part of the "axis of evil" and which has been targeted for regime change by Washington because of its efforts to build nuclear weapons. Mr Rumsfeld was a non-executive director of ABB, a European engineering giant based in Zurich, when it won a $200m (£125m) contract to provide the design and key components for the reactors. The current defence secretary sat on the board from 1990 to 2001, earning $190,000 a year. He left to join the Bush administration.
http://www.guardian.co.uk/korea/article/0,2763,952289,00.html