North and South Korean Presidents hold historic summit

North Korean President, Kim Jong Un has walked across the military demarcation line dividing the two Koreas to be greeted by South Korean President, Moon Jae-in for the first inter-Korean summit in the past decade. 
President Moon has also been to North Korea severally before returning to the South, hand-in-hand, with Jong Un in a meeting which is targeted at ending many years of conflict.
The meeting which took place on Friday, April 26, means Jong Un became the first North Korean leader to be in South Korean since the Korean peninsula was divided into two countries after the 1950-53 Korean war.
North Korean President, Kim Jong Un, and South Korean President Moon Jae-in, shaking hands. Photo credit: Reuters.
According to Financial Times, the historic summit will focus on the demands of the United States and its allies that North Korea give up its nuclear weapons and create a new peace regime to officially end the war.
Reports said that the rare top-level meeting is a diplomatic breakthrough after years of threats and recriminations, which have pushed the peninsula to the brink of war.
The meeting will also set the ground for the planned summit between the North Korean President and United States President, Donald Trump in the coming weeks, will be discussing deeply on denuclearisation and sanctions relief is expected to be made.

Comments

Post a Comment

Popular posts from this blog

Beyoncé performs her song with Chimamanda Ngozi Adichie at Coachella festival

Image
The American superstar singer performed at the Coachella festival earlier today with an incredible 2-hour set that made fans gasped for air. During the set, Beyonce brought back her former girl group Destiny’s Child on stage, performed her song with Chimamanda Ngozi Adichie, paid homage to the late Fela Anikulapo-Kuti and did so much more. See photos: Watch some of the videos below: https://twitter.com/_/status/985440637335101440 https://twitter.com/_/status/985445861940518912 https://twitter.com/_/status/985436345429647360
Read more

Buhari establishes new target for production of crude oil

Image
As part of efforts to reposition the country’s oil sector, President Muhammadu Buhari has set new target for the production of crude oil. The president, who was represented on March 14 by Vice President Yemi Osinbajo at the sixth African Petroleum Congress and Exhibition (CAPE VI) in Abuja, revealed that government has started the process of cutting production costs to boost exploration in order to achieve a production level of about 2.8 million barrel per day (mbpd). President Buhari said the quantum leap would be 30% increase of production level of 2.4 mbpd being pursued. “In Nigeria, as part of our strategies to reposition the oil industry, this administration has commenced the process of implementing carefully conceived initiatives, to reduce production costs and encourage efficiencies in oil exploration so as to achieve a 30 per cent increase in daily production levels (to about 2.8mbpd),” he said. The president further disclosed that the country is working on mode to
Read more