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president of the korea institute for international economic policy is the guest on sophie and co discussing the denuclearization of the korean peninsula. as the second meeting between the leaders of the u.s. and north korea is on the horizon questions remain while north korea give up its nuclear weapons for good or are we going to miss ruston another round of tension my guests today. president of the korea institute for the international economic policy. there's light at the end of the tunnel for the korean peninsula this threat of imminent war has passed for know with the north leaders shaking hands and planning meetings with the mirror. the president can't. bring about

a career with nuclear weapons is kim jong un's peace overtures and sudden about face. and what can the rest of the world do to help the catastrophic conflict is a mystery thank you for being with us today delighted to have you so recently the north korean leader wrote a letter to president truong and now we see that a second meeting may be on the cards can we expect any tangible results from it. but there might be a new summit between donald trump. and this time it will be a more productive meeting and we can expect tangible results of course their views on. north korea are somewhat different at this point. in the nuclearization first while north korea thinks that we need to end the war and then move forward i think. are choosing the peaceful path and if that is the

case they will be a solution to the nuclear problem up and i am hopeful that will happen at the. not too long ago seriously ask people on american t.v. if the u.s. should bomb north korea so they really were on the brink of war and now they're about to meet for the second time does it mean that the worst is over what do you think. that is the. last year everybody was concerned or korean peninsula was inevitable but now the situation has changed drastically there is movement towards peace last year but that wouldn't have even dreamed about this of course this will take time but i think gradually both the united states and north korea of the nuclear problem on the korean peninsula. what was our present trunk acted towards tonight. korean leader when he wrote mean

things on twitter called him names sent out and then we called and now america and north korea have unprecedented relations and trance was behaving this way he was criticized for acting with such recklessness but now i guess it turns out that he did everything right still feel probably. things have stabilized to degree booty and i think these are wise choices that people have made at the maybe it was trickle the trump played in order to make north korea participate in dialogue but the situation in north korea has changed as well its current leader kim jong un is like a young gorbachev his vision is different from the ideas of he's predecessors americans think that the soviet union fell because of u.s. sanctions but it is not true and we see the same situation now in north korea americans think that sanctions against north korea are forcing the koreans to talk

but it is only one of the factors that now the situation in north korea is a little different it's opened up with kim jong un has a different vision now and he's ready for disarmament. i you know i think i think that maybe he just outsmarted every one for us he's scared to world with nuclear weapons presenting the worst case scenario and he's capitalizing on that saying ok i will not make nuclear weapons let's be friends. compared to the united states and other countries north korea is a small states but it is that they cannot fool the whole world if they deceived or fooled the world then we cannot expect anything good to come out of that their mobile i think they understand this and unlike previous leaders of his country or. once a different result and that inspires hope. right now trump and the north korean leader are exchanging pleasantries but the south korean leader is also doing his

part to any relations between south and north korea's are getting better what can we expect from this policy. was there you know. administration in south korea is trying and will continue to try to engage north korea in dialogue even before the first united states north korea some mental we were doing something to ensure that summit would actually take place and now korea is playing a major role as well it is the connecting the bridge organism important for the united states and north korea to come to an understanding right and our government is playing a very important role bringing those two together but it's this is how the current administration is different and we're all seeing the positive results. on will remember when the next round of harsh sanctions against north korea was being discussed president clinton said that sanctions don't work especially in the case of north korea because its people are not scared of difficult this song but why is

north korea making concessions now we see in the rhetorics they say that they are ready for to nuclearization iraq were ready to give up nuclear weapons. in reality sanctions against north korea is just one factor played a part in the current state of things. like we're north korea decided to talk to the united states and south korea at the north korean became a state also that sanctions were immediately imposed on it from day one of its existence it is an important factor but it is not the only one. but when the situation got really dicey at the end of last year at the end it felt like war was inevitable but if things suddenly began to change south korea never stopped trying to talk to the north and the chiang olympics allowed us to make significant progress so it was a good excuse and a good opportunity to sit down together thoughts and most of the bits and both countries came to an understanding during the storks which is north koreans also

did not once and mrs chance to talk to us and then after the talks south korea's signals to the united states to china to russia and japan bits that there was progress to be made and that north korea was ready in dialogue. and now we all see progress which means that it wasn't just the sanctions that made a difference be the north korean leader kim jong un was educated in the west and he understands what is really important now for his country and the important thing is to be able to feed the nation by just going to the impossible without dialogue and nuclear disarmament north korea understands that it will not prosper without peace that's for sure. not sure anything about keeping the regime alive it was obvious to everybody that everyone sat the north korean leader needs nuclear weapons to prop up the current regime it's to guarantee of his safety in the regime

and he's saying again those are just words for now but he is willing to give up nuclear weapons does this mean that he has some other guarantees stronger. nuclear weapons. you know when you are starving but you have nuclear weapons that is a road to nowhere and it could spell doom for north korea first and foremost current leader kim jong un is young she studied abroad in a western country and he understands western culture at that if you give up nuclear weapons you can develop your country and your economy and i think this is what he's thinking i hope of what he might that but he needs guarantees that no one will interfere in his country's affairs and if the international community and countries like the united states russia china and japan provide such guarantees it is entirely possible that north korea will do nuclearize and i. just needs guarantees

from the countries that he has some kind of trust and it will because business as it's him see why i would say will make close relations with north korea that it has today what is the aim of his policy and what north korea why would they need to grow closer now missing in this. as you know. peace and prosperity the. similar thing that's a very diplomatic answer let me ask in a different way what is more afraid of north korea nuclear missiles or a war in order to destroy a north korean nuclear missile what are you more afraid of. the adults and children question. after the korean war koreans have always felt threatened. on the one hand everyone is used to that but on the other hand everyone holds an actual war is out of the question being at this but no less important maybe the most important thing even more is the economic aspect of the me

just not from a humanitarian points if you have these so korea being divided into parts of north and south of course it's a terrible thing so it's about our economic speaking it is. so much worse. now the . young people have to feed. and they need to make more money out of egypt so we need new opportunities and. our economy would be great if such opportunities opened up thanks to north korea ploy or asian markets more including russia. versified our economy based on the peace and prosperity of the korean peninsula and strengthen our size with india with the so-called southern regions this is all very important to us that is why our current government and our people want to peaceful resolution to the nuclear problem and closer ties with north korea. do you think

trump might be expected to make some concessions and. actions. expect something like that to happen. well it's already happening the u.s. military has suspended military exercises with south korea but then with the seventeen did it because north korea stopped nuclear testing at the end started to dismantle some of its missile launch sites that the best deal and then came the mutual concessions these are the positive results of the u.s. north korea summit but it will take not one cent it will take five six seven summits to ensure we do not go back to the way things work will really. put this at sharp break right now while we're back will continue talking to o.j. young plea president for the korean state of the international economic policy stay with us.

tracking gave americans a lot of job opportunities i needed to come up here to make some money i can make twenty five thousand dollars as a teacher or i can make fifty thousand dollars a year trucks or chose to truck people rushed to a small town in north dakota was an unemployment rate of zero percent like gold rush is very very similar. but this beautiful story ended with pollution and devastation a lot of people have left here i don't know too many people here in the slowdown so

much they lost their jobs got laid off the american dream is changing that's not what it used to be. and it's a tough reality to deal. china is in the software it's in the hardware as opposed to this so-called threat from russia where they're spreading needs that influence people to vote against their better interest they put a meme of bernie sanders as a beach. body builder and listen to the minds of america to vote against their interests but china is actually infiltrating the hardware with actual chips trying is actually protecting the soccer or the actual malicious software that's ok we won't talk about that. prosecution will need to become almost. a full focus on. where you push. the threat of fines somebody known to us you do i'm young yasmin political pressure on the gold you've concluded to know

through security jennifer knows what the kind of business models used by american corporations doubtless was incomplete please someone could be meant to deceive them to use. the solution. alys up in association with. the new can he saw as it is just really funny to me to maintain an investigative documentary. ghost war on oxy. now we're back with jay leno president for the korean and of the international economic policy mr lee

a call that way what well do you think russia could play in. opinion what can russia to to normalize the situation. you know this status quo we have in terms of north korea's the nuclearization stems from the differences between the united states and north korea russia needs to play an even more active role on the can we. strategically speaking for example that can be accomplished by a trilateral cooperation between north korea south korea and russia i believe that north korea will be ready to nuclearize very soon there could be will say an agreement about some of the nuclear weapons and materials to be taken to russia and disposed of there then on the basis of mutual trust on that but the united states and russia could help north korea in the energy for example build a gas pipeline of all trucks with this north korea would open up to the world

a little more that's how we could solve this issue as well at the united states russia relations will improve i mean it's possible cooperation will avoid getting sanctions with most politics at the time. you know what else i think could trade between russia and south korea facilitate closer ties between the north and the south i mean geographically it would involve transit through north korean territory which would mean more cooperation between russia south korea and north korea in order to expand trade. one of the main obstacles for the far eastern development. is the instability on the korean peninsula as soon as there is peace on the korean peninsula we would have incredible potential for mutually beneficial development not only for the far east but also north east asia as a whole. russia wants to cooperate with the asia pacific since that is the center of global economic growth the far east and north korea will be the engine of

economic growth in the twenty first century russia's trade with us leon is growing and the korean peninsula is adored of asia pacific region as a whole if peace prevails here russia will be able to have economically beneficial relations not only with the west but also with the asia pacific. economic you. touched on this before the interior with all the sanctions within russia and the west and the latest u.s. and european sanctions against russia is turning east look at this forum for instance a clear reproves that russia is seriously about this pivot to say it will benefit from that i don't know maybe a taking the spotlight vacated by western partners or russia. i'm very happy that russia is paying closer attention to the east including korea korea used to be russia's partners we cooperated see as well it would be nice to rebuild

all that but we definitely needs of those starts. i very much hope that we will meet many times in the future here and at the eastern economic forum that russian made possible in ten years i think russia will be a true asian country not only in the jug graphical sense yes but also economically that is why i think. the economy. right now the u.s. is south korea's closest partner or any country which is out of tune with american foreign policy towards russia is heavily criticized by united states and this. put pressure on for instance there is a number of european countries which are not that aker to impose sanctions on russia but when it's pressured by the u.s. since the e.u. itself is under american influence they have to obey and imposed sanctions aren't you afraid to south korea being such a close american partner will not be allowed by washington to become friends with russia. you know i think that one day sanctions will

disappear like snow. but it will take time for your country and for us and the whole world economy the sanctions imposed on russia by the united states and the e.u. have a clear detrimental effect negatively affects cooperation efforts throughout the world i think that some day us russian relations will improve and when that day finally comes we have to be ready we need to start preparing the foundations for that other. one of those allies asking aren't you afraid the south korea will simply not be allowed to develop closer ties with russia. to south korea maybe a small country but we are a sovereign nation we are not subjects of america even though it is an important partner. but there are many ways in which we are independent from america we have

the right to choose our own destiny for example the size of our economy decides america and japan who would be happy to develop relations with russia with the eurasian continent on the whole with nations of any kind with india yet there is nothing bad about that is there no i don't believe that we are america's puppets no that is definitely not us but. at the pilots i want some people are talking about a possible to nuclearization of the korean peninsula and they're saying that north korea might finally give up its nuclear weapons and eventually sign a treaty with you if that happens will south korea have any need for u.s. troops on the peninsula or will you say so long we don't need you anymore now that the threat is gone home. well denuclearization and north korea are not directly tied to the presence of united states troops in south korea but i do not think u.s. forces will be staying here forever. these two factors should not be perceived as

related to one another this is the way we see things right now our priority denuclearization. i suppose because they. don't trump on came john good nor are building bridges to task between washington and beijing are becoming strained one could play on young somehow take advantage show the crisis in u.s. china relations it could attempt to bargain for concessions by capitalizing on u.s. china tensions for instance. oh you know. china has a strong influence on north korea and so does america and russia north korea is very important to us in order to resolve the issue of north korea's nuclear program we will require support from all parties including a major power such as the us china russia and japan that without the help of these nations we will not be able to secure folder nuclearization and achieve peace and

prosperity on the korean peninsula but i say this because i want to emphasize just how important russia's role is to this anti-a thing. what's what's the bus. i said i'd like to ask you something when north korea and america had per america blame china blame beijing for manipulating north korea now the relations between north korea in america have improved i mean we don't see anyone in the knowledge ing beijing's role or thanking china say commanding north korea to improve relations with america in other words when relations are bad between north korea and the u.s. it's china's fault but if relations do improve then certainly china had nothing to do with it so how come. yet the. scope of this is the trade war between china and india. states is heating up this and that is theory very unfortunate because the lack of close cooperation between the two powers makes it impossible because of resolve the north korean issue. trump is very

aggressive right now with respect to beijing isn't ham he's taking some unexpected and have a hand in measures against china because i'm so wary down the markets are bracing for a new round in the tariff for that but what if all these threats are no different from what trump it with kim stores korea germany or what he did and he kept piling on threats until the two leaders finally matt and declared peace i wonder if he's planning to do the same with china i mean he will keep issuing threats until he makes a sudden you turn to or supply and he could couldn't he was both of the most about that the way i see it is a little bit different. under the obama administration the problem was that's from america's few point trade with china seemed unfair to hope that was the way they saw it at the cup but now under trump we'll see there's a multitude of grievances with china's policies this is not just about national security it's also about stealing technology it's about copyright law and u.s.

intellectual property and so on still the united states and china need to negotiate and arrive at a solution to this trade war it's all dragging on and i think it was the fault lies with china america is worried about its technology being stolen and this is what i believe america is most afraid of and that is why there are tensions. if there's one thing i don't get are this two countries really that much at odds with one another that they prevent each other from prospering i mean how serious are they actually economic tensions between china and america i mean really yes. well unfortunately they are quite real recently the. institute for international economic policy investigated the way united states sanctions against chinese goods affected korea's economy and what we found was that the entire situation was

restricting curious economic opportunities so far the effect hasn't been too severe but if the tensions continue to rise and if it goes on like that for some time it will become a threat to our economy and to the region's economy as a whole idea. of what that actually has a lot on china as they say with this construction project of the century and i'm talking about the new silk road project they're constructing infrastructure all throughout your asia when will this mega project be launched will china even care by that point about some tariffs on them by a trunk and the like. americans are very very closely monitoring on this right now they have taken the wait and see approach and want to see what it all leads to. confidence i mean russia china in korea is a need of a high speed rail system and if american invests in it with their capital and their

technology and joins in i believe that will guarantee high efficiency and mutually beneficial. effects of s.l.'s thank you very much for the conversation and i wish. over the last decade russia's foreign policy has been deeply related to the united states that approach at the wall when the american political reality became stranger than fiction mosco was the bilateral relations to get back to normalcy

good morning saying please should it do. i've been saying the numbers mean something they matter the us is over one trillion dollars in debt more than ten white collar crimes happen each day. eighty five percent of global wealth he longs to be old for rich eight point six percent market saw thirty percent rise last year some with four hundred to five hundred trade per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only number you need to remember is one in one business show you can't afford to miss the one and only boom. you know world a big part of the movie a lot of things and conspiracy it's time to wake up to dig deeper to hit the

stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bad and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. the to.

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