India Imposes New Trade Restrictions on North Korea

Korea's official Korean Central News Agency shows North Korean leader Kim Jong Un shaking hands with South Korean chief delegator Chung Eui-yong who travelled as envoys of the South's President Moon Jae-in during the

"I'm quite skeptical about all of this", Director of National Intelligence Dan Coats told the Senate Armed Services Committee.

"Maybe this is a breakthrough. You bet I'm scared, but what can I do?" said Wang Li, a university bookstore clerk looking after her nephew at the store. North Korea's premier Kim Jong-un also expressed a willingness to negotiate with the U.S.in abandoning his country's nuclear weapons.

Kim may have also hit a wall in his strategic arms programs: Some analysts believe that he is running out of parts for missile engines, while other data shows dangerous collapses at his underground nuclear testing facility.

"We have seen nothing to indicate. that he would be willing to give up those weapons", Coats said.

The rogue state wants to loosen these sanctions. John McCain, R-Ariz., counted himself "a little more optimistic" than Coats.

Kim said the North would halt provocative missile and nuclear tests while talks are under way, it added.

Kim Jong-Un's older half-brother had once been seen as their father Kim Jong-Il's natural heir, and some reports had suggested that China might be grooming him to replace the younger man in the event of a crisis.

Kim Jong Nam died in February last year, shortly after two women sprayed his face with a liquid as he walked through Kuala Lumpur airport. North Korea has denied the accusation. The U.S. State Department said on Tuesday it had imposed the new sanctions. "Sanctions and pressure are not our unilateral move", Moon said during a meeting with leaders of the ruling and opposition parties. But this time, in addition to widely publicized military exercises, the United States has also taken substantial steps including deploying nuclear-capable bombers to Guam and holding drills for preempt strikes against North Korea.

It is not clear whether the envoys will meet US President Donald Trump.

The US slapped fresh sanctions on the communist nation this week following its conclusion that Mr Kim's half-brother was killed by a chemical attack in Malaysia on the orders of the North Korean government.

"Talking by itself is not so dangerous", he said.

Chung said the two Koreas would hold a summit at a South Korea-controlled facility.

Moon has expressed an interest in reopening the Kaesong Industrial Complex, an experiment blending South Korean management and capital with North Korean labor that opened just north of the Demilitarized Zone in 2004.

"I think that their statement, and the statements coming out of South Korea and North Korea have been very positive", Trump said.

The new restrictions were mainly on "new or used vessels", food and farm products, electrical equipment and wood, the government said in the statement.

However South Korean president Moon Jae-in downplayed optimism over Pyongyang's offer.

In 2008, a North Korean soldier shot and killed a South Korean housewife who wandered into a restricted area while visiting there.

But relations between the US and North Korea remain fragile. Moreover, they point out that North Korea has put denuclearization on the table, which is a shift from the position Pyongyang has previously held.

South Korean officials expect the issue to arise again, but are hoping Pyongyang won't make impossible demands. The PowerShares DB US Dollar Index Bullish Fund (UUP), which is an excellent dollar index proxy, closed slightly under its 15-day moving average on Tuesday in reflection of the weakness. "They have begun to feel the pain of economic sanctions", said Choi Kang, vice president of the Asan Institute. "Not a very impressive record", said Keylor in an email to Newsweek.

Third, Kim has on the horizon a prospect for greater security than ever before.

"We came into possession of nuclear weapons in a righteous manner with a goal of defending the country's top interest against U.S. nuclear threats", read the column in state newspaper Rodong Sinmun.

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