Posted on 05/13/2018 10:59:18 AM PDT by 2ndDivisionVet
Secretary of State Mike Pompeo said on Sunday that if North Korea agrees to fully dismantle its nuclear weapons program, the Trump administration will allow the American private sector to invest in the country.
Pompeo also hinted that the US might assure Kim Jong-un he can stay in power after any deal.
If a deal is reached at or after the summit meeting between Kim and Trump scheduled for Singapore on 12 June, Pompeo said on Fox News Sunday, “private sector Americans, not the US taxpayer” could “help build out the energy grid that needs enormous amounts of electricity in North Korea”. Americans could also help, he said, with investment in infrastructure and agriculture to help feed the North Korean people....
(Excerpt) Read more at theguardian.com ...
Like we really need the Norks. The Sorks need them more. Even Japan would have some use for them given the 1 million+ ethnic Koreans they don’t care to acknowledge as citizens.
Hmmm. Sounds great but I wonder if China would prefer things between the USA and NK to be less friendly. And if so, what would they do to throttle this new friendship?
I’d bet a better investment would be Hyundai.
Oh boy I can’t wait to invest in a communistic atheistic country ran by a madman. I just can’t wait, I tell ya’.
Meaningless. Just a bargining chip that puts all the work on the backs the NKs.
Empty promises from us that require real verifiable action from them. “we will allow” does not mean the same thing as “we will do”.
Yep, I think great caution would be needed, in any investment in North Korea.
It is good to remind ourselves, that North Korea is a communist country. Would Kim really allow significant investment in his country, which has been a closed society?
Perhaps any companies interested in investing in North Korea, would do well to follow the “Las Vegas principle”, the idea that you don’t gamble more in Vegas than you can easily afford to lose. Companies should invest, if they do so, with money they can afford to lose, if the worst happened there.
I thought we were done nation bldg and investing in America first?
Read again. Not “We”. Private sector NOT the American taxpayer.
“We” are not investing in anything. Business will invest in NK if it makes financial sense.
North Koreans are going to get bloated eating so much American fast food over there.
When China opened Shenzhens free trade zone, Taiwanese businesses were the first to invest and open businesses. I suspect the same will be true for NK, which is a good thing.
Lil Kim is in his 30’s. He faces threats from his generals, his people, and the international community. He needs a deal to live into his 40’s.
Patience. This could be a huge carrot. I helped start the very first Western factories built in China shortly after Nixon “opened” China up. The 40 year transformation since then is astounding. We could be on the cusp of the start of the same transformation in NORKlandia.
I thought we were done nation bldg and investing in America first?
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It’s the private sector, not the Federal Government.
Now read the article again.
Venezuela?
Nobody thought we would be trading with Vietnam and have a U.S President visit the country with Vietnamese waving American flags. A unified Korea could be a great thing for America and the region. Screw the Chicoms.
Before opening trade, I’d want to see some human rights.
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