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Foreign Ministry Spokesman on Solution to Issue of Frozen Funds

Korean Central News Agency of DPRK via Korea News Service (KNS)

   Pyongyang, June 25 (KCNA) -- A spokesman for the DPRK Foreign Ministry gave the following answer to a question put by KCNA Monday as regards the settlement of the issue of the funds frozen in the Banco Delta Asia in Macao:
    The funds frozen at the above-said bank were finally wired as demanded by the DPRK side, thus settling the controversial issue of the frozen funds.
    It has thus become possible to use the de-frozen funds for improving the standard of people's living and humanitarian purposes, as planned.
    The DPRK took a serious view of the issue of de-freezing the funds not because of that amount of money but the action taken to freeze the funds was a vivid manifestation of the hostile policy toward the DPRK.
    This is also in line with the principle of "action for action" confirmed by the six parties. Now that the issue of de-freezing the funds has been settled, the DPRK, too, will start implementing the February 13 agreement on the principle of "action for action."
    As part of it, the DPRK will hold a discussion on the suspension of the operations of nuclear facilities, its verification and monitoring with the working delegation of the International Atomic Energy Agency in Pyongyang from June 26.