June 20-21, 2019: Chinese President Xi Jinping visits Pyongyang for the first time. At his summit with North Korean leader Kim Jong Un, Xi stressed the importance of strengthening cooperation between the two countries and praised North Korea`s efforts to promote denuclearization. Both measures met North Korea`s stated requirements to authorize inspections of its nuclear facilities and opened the door to negotiations. In December 1991, the two Koreas signed a „basic agreement“ that committed both sides to reconciliation and cooperation, followed by a joint declaration on the denuclearization of the Korean Peninsula, in which „nuclear weapons must not be tested, manufactured, manufactured, manufactured, produced, detained, stored, stored or used.“ North Korea and South Korea have also pledged not to have nuclear uranium reprocessing or enrichment facilities. As the two Koreas negotiated the agreement, the United States and North Korea convened a high-level diplomatic meeting in New York, which led to North Korea`s decision to authorize the IAEA to conduct inspections of its nuclear facilities. The bilateral inspection mechanism in the joint inter-Korean declaration has not been put in place, marking the beginning of a model in which Pyongyang insists that Washington be its main interlocutor on nuclear issues. However, North Korea promptly submitted a statement on nuclear materials to the IAEA and authorized the inspection of some agreed sites. April 27, 2017: U.S. Secretary of State Rex Tillerson says in an interview with NPR that the U.S. is open to direct talks with North Korea on the „right agenda.“ He says denuclearization is always the goal of any agreement. October 21, 2005: The Ministry of Finance announces that it has sanctioned eight North Korean entities, in accordance with Executive Order 13382, for their unspecified „participation“ in the proliferation of nuclear, chemical or biological weapons or related delivery vehicles.
The action freezes U.S. corporate assets and prohibits transactions between these companies and all U.S. citizens or businesses. In June, the department also designated the parent companies of these companies. After President Trump and President Kim Jong Un acknowledged that the summit between the United States and the DPRK – the first in history – was a historic event of great importance to overcome decades of tensions and hostilities between the two countries and to open a new future, they pledge to fully and quickly implement the initiative in this joint declaration. The United States and the DPRK, under the leadership of U.S. Secretary of State Mike Pompeo and a senior DPRK official, are committed to conducting follow-up negotiations as soon as possible to implement the outcome of the U.S.-DPRK summit. April 27, 2018: North Korean leader Kim Jong-un and South Korean President Moon Jae-in meet in Panmunjom, on the north-South Korean border, for the first high-level summit between Kim and Moon and the third meeting of North and South Korean leaders. Mr.
Kim and Mr. Moon made a joint statement, including agreements to facilitate „revolutionary advances“ in inter-Korean relations, to „make joint efforts to virtually eliminate the risk of war on the Korean peninsula“ and to work together to „establish a lasting peace regime on the Korean peninsula.“ November 15, 2018: Vice President Mike Pence tells NBC that the United States will not need a full list of nuclear weapons and missile sites from North Korea ahead of a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, expected in 2019. Pence says „it`s a verifiable plan“ to reveal that information needs to be obtained at the top. The agreed framework has alleviated the immediate sense of crisis related to North Korea`s nuclear program. The agreement froze nuclear activities at Yongbyon and led to the de facto abandonment of the other two nuclear reactors under construction in North Korea. (The CIA had estimated that, once completed, these reactors