"We will never allow North Korean nukes".
The South Korean security adviser's report also pointed to the risk that a military conflict could by sparked by "accidental incidents", said Park Wan-ju, a lawmaker and head spokesman of the ruling Democratic Party.
The official also noted that South Korea is strong enough to deal with the possible financial risks stemming from North Korean provocations and US monetary tightening, citing that the country posted a current account surplus for 65 straight months and held a record $384.8 billion in foreign reserves as of the end of August.
We will remind, foreign Minister of the DPRK ri Yong Ho said that the US President, Donald trump declared war on Pyongyang, and warned that North Korea reserves the right to shoot down American bombers in global airspace.
But officials are anxious to prevent a humanitarian crisis in North Korea amid fears it could spill across the border into China. "I lived in China in the 1990's when then-President Clinton made the deal with North Korea".
Market participants see Seoul's diplomatic standoff with Beijing over security issues as a hurdle in extending the $56 billion swap deal, given China continues to boycott made-in-Korea products over Korea's decision to deploy a US anti-missile defence system in the country.
Special Presidential Advisor and Yonsei University Professor Moon Chung-in speaks at a lecture marking the 10th anniversary of the October 4 inter-Korean summit statement at the 63 Building in Seoul on September 26.
North Korea has since conducted several nuclear tests, with its sixth and latest taking place earlier this month.
The North Korean workers were seen buying pills, including Viagra, at a pharmacy in Kuwait ahead of their departure, according to the Chosun. "That's why it's so important to put all the economic pressure possible in North Korea for a peaceful solution and de-nuclearization of the peninsula".
Beijing opposes THAAD because it believes its powerful radar could be used to look inside its territory.