President Trump Says North Korea Has No Economic Future if It Has Nuclear Weapons

North Korea’s leader Kim Jong Un and U.S. President Donald Trump meet for the second North Korea-U.S. summit in Hanoi, Vietnam, in this photo released on March 1, 2019 by North Korea’s Korean Central News Agency (KCNA). KCNA via REUTERS

U.S. President Donald Trump said on Saturday that North Korea had a bright economic future if the two countries made a deal, but did not have any economic future with nuclear weapons.

The second meeting between Trump and North Korean leader Kim Jong Un, in Vietnam, was cut short after they failed to reach a deal on the extent of sanctions relief North Korea would get in exchange for steps to give up its nuclear program.

“North Korea has an incredible, brilliant economic future if they make a deal, but they don’t have any economic future if they have nuclear weapons,” Trump said at a Conservative Political Action Conference.

He added that the relationship with North Korea seemed to be “very, very strong.”

The United States and North Korea have said they intend to continue talks, but have not said when a next round might take place.

While some credited Trump for refusing to be drawn into a bad deal, he was criticized for earlier praising Kim’s leadership and saying he accepted his assertion that he had not been aware of how an American student who died after 17 months a North Korean prison had been treated.

The collapse of the summit leaves Kim in possession of what analysts say could be an arsenal of 20 to 60 nuclear warheads, which, if fitted to its intercontinental ballistic missiles, could threaten the U.S. mainland.

The United Nations and the United States ratcheted up sanctions on North Korea when it conducted repeated nuclear and ballistic missile tests in 2017.

Washington has demanded North Korea’s complete, verifiable and irreversible denuclearization before sanctions can be lifted, a position Pyongyang has denounced as “gangster like.”

Reporting by Steve Holland and Katanga Johnson; Editing by David Gregorio

SOURCE: Reuters