ASEAN, Japan, China, South Korea agree to bolster financial cooperation

ASEAN, Japan, China, South Korea agree to bolster financial cooperation

The ASEAN ministers called for a "complete, verifiable and irreversible" denuclearization of the Korean Peninsula and for all parties to exercise "self-restraint" to deescalate the tensions and create an atmosphere conducive to talks. China alone is responsible for 90 percent of North Korea's trade, and Russian Federation like China employs North Koreans as contract workers, whose salaries mostly go directly to their government.

Apart from the 10 ASEAN members, North Korea is one of 17 other countries including China, South Korea and the United States that participate at ARF meetings. He says he won't give a concrete timeframe but that the USA will "know it when we see it".

The ministers gathered two days after the U.N. Security Council adopted fresh sanctions on Pyongyang that will slash the nation's $3 billion of annual export revenue by a third in response to its two long-range missile tests in July.

Reluctant customers, such as Ethiopia and Yemen, "might prefer to buy elsewhere, but because of price or lingering dependency have found it hard to cut Pyongyang out of their arms-related supply chain", Berger continued, adding that he Republic of the Congo is one of the many ad hoc customers that turns to North Korea as a sporadic supplier. A statement from the White House says Trump and Moon "affirmed that North Korea poses a grave and growing direct threat to the United States, South Korea, and Japan, as well as to most countries around the world".

Kang is echoing Tillerson's praise for the sanctions approved Saturday by the U.N. Security Council.

The ministerial meeting, however, had "very limited time for more in-depth" discussion of the issues raised, but the Philippines, as this year's chair of ASEAN, wants to see a "legally binding code of conduct" in the disputed sea region.

One of the secondary sanctions efforts deals with jurisdictions that are non-compliant with United Nations resolutions, Stephan Haggard, visiting fellow at the Peterson Institute of International Economics, said in a Monday note.

Ahead of the meetings, outspoken Philippine President Rodrigo Duterte branded Kim Jong Un as "crazy" for "playing with unsafe toys" that endangered the entire region.

Chinese Foreign Minister Wang Yi says he urged his North Korean counterpart to abide by United Nations resolutions and stop provoking "the global community's goodwill" with missile launches and nuclear tests. He voiced his support for the latest U.N. sanctions, but pressed for those measures to be accompanied by talks among the major nations involved.

The Trump administration has threatened to take military action if North Korea does not abandon its missile tests' however, Secretary of State Rex Tillerson raised the prospect of talks August 7 if Pyongyang halts future tests.

Should those talks occur, they would be the first military-to-military dialogue in three years. Those capabilities are already a threat to neighbors and USA allies South Korea and Japan.

Responding to the ICBM provocation with a show of force, the US and South Korean troops on Wednesday conducted "deep strike" precision missile drills using Army Tactical Missile System (ATACMS) and the Republic of Korea's Hyunmoo Missile II.

Reported byBenarNews, an RFA-affiliated online news service. "We warn North Korea not to test or misunderstand the will of the South Korea-U.S. alliance".

Related News:

  • Can the Twins top the Tigers again? MLB Predictions 8/12/17

    Can the Twins top the Tigers again? MLB Predictions 8/12/17

    Detroit doesn't have the bullpen to back him up while Berrios has still shown his ability to shut down lineups in recent starts. Joe Mauer cleared the bases with a double to get the Twins on the board and Eddie Rosario crushed a game-tying homer.
    Sharad Pawar, Going, Going, Gone? Skips Today's Big Opposition Meet

    Sharad Pawar, Going, Going, Gone? Skips Today's Big Opposition Meet

    However, during the Rajya Sabha polls, he attended BJP meetings and praised the state government after casting his vote. Ahmed Patel's spectacular victory should motivate the workers and their representatives to do bigger things.
    Chelsea ready to make second bid for Danny Drinkwater

    Chelsea ready to make second bid for Danny Drinkwater

    According to the Telegraph , Chelsea are getting ready to submit a second offer for Leicester midfielder Danny Drinkwater . The report says the Foxes have put a £40m price-tag on the midfielder - the same fee the Blues received for Matic.
  • Iranian parliament approves anti-US bill

    Iranian parliament approves anti-US bill

    The measure comes in retaliation to new USA sanctions on Iran over its ballistic-missile program and missile tests. Deputy Foreign Minister Abbas Araghchi also voiced approval of Rouhani's administration for the bill.
    Bryce Harper leaves game with apparent knee injury

    Bryce Harper leaves game with apparent knee injury

    Ryan, 37, hasn't played in the majors this season but could be a September call-up if he shows some power at the plate. The Rockies inked first baseman Ryan Howard to a minor league contract on Saturday, per a team announcement .
    McCown guides Jets past Titans in low-scoring affair

    McCown guides Jets past Titans in low-scoring affair

    The biggest play, of course, was a 53-yard pass from McCown on the Jets' opening drive, setting up Peake for a red zone touchdown. He wasn't erratic, he didn't throw an interception and on most plays, he made smart checkdowns rather than forcing a pass.
  • Pearson into 100m hurdles final

    Pearson into 100m hurdles final

    Farah, who won the 10,000m once again last weekend, dug in to finish 0.43secs behind new world champion Edris, while Paul Chelimo of the United States claimed bronze.
    No change to Alexis Sanchez situation says Arsene Wenger

    No change to Alexis Sanchez situation says Arsene Wenger

    Sanchez's last game was the Confederations Cup final for Chile on July 2 and he was given an extended summer break. "He will not play at Stoke either".
    For First Time, A Kashmir Shutdown In Support Of Indian Constitution

    For First Time, A Kashmir Shutdown In Support Of Indian Constitution

    The BJP has historically opposed it and asked for the abolition of Article 370 and special status for the state. Last month center was told by the supreme court to file a reply to writ petition within three weeks.
  • Kuldeep Yadav roped in as India opt to bat : Pallekele Test

    Kuldeep Yadav roped in as India opt to bat : Pallekele Test

    India's lower order led by Hardik Pandya and Wriddhiman Saha will have to soak the pressure and put some runs on the board. Ravichandran Ashwin (31) looked compact but became leftarm seamer Vishwa Fernando's scalp at the fag end of the day.
    Fresh Game of Thrones trailer teases a major revelation

    Fresh Game of Thrones trailer teases a major revelation

    But one good thing is that most of the gold from the war has been shipped to King's Landing and can be returned to the Iron Bank. Daenerys ( Emilia Clarke ) attempts to turn her enemies into allies on the upcoming episode of " Game of Thrones " season 7.
    Guam's residents feel US patriotism but growing concern

    Guam's residents feel US patriotism but growing concern

    Guam officials are disseminating fact sheets to help residents prepare for a possible missile attack from North Korea. USA allies Japan and South Korea quickly vowed a strong reaction if the North were to follow through.


Most liked

Rising trend of casino apps
For those who are looking for a specific game, Cherry Rush also includes a description of what games can be found each site. It used to be that if someone wanted to play a casino game they had to find a land based venue.

Karan Johar unveils Dulquer Salmaan's Solo teaser
Reports also suggest that this upcoming film will also feature popular Bollywood actor Irrfan Khan and actress Mithali Palkar. On Saturday, filmmaker Karan Johar took to Twitter to unveil the first look teaser Solo starring Dulquer in the lead.

Sanchez to miss start of the season
With Giroud replacing Holding, Wenger switched the formation from a 3-4-2-1 to a 4-4-2 with Giroud and Lacazette up front. They've spent big on some quality additions to the squad but are looking increasingly likely to lose Riyad Mahrez .

Gold spirals on brewing tension between US, NK
President insists on ramping up the war of words, there is a decreasing chance of any diplomatic solution", Carnell said. Risk sentiment soured in the financial markets to drive US Treasury yields down and in turn weigh on the dollar.

Tech companies lead worst day for stock market since May
The S&P 500 added 3.11 points, or 0.1%, to 2441.32, ending the week down 1.4%, its biggest loss since March. The Swiss franc was on track for its biggest single-day rise against the euro in more than 2 1/2 years.

North Korea tensions are set to cause a stir on Wall Street
Many markets had already been at record or multi-year highs after an extended rally, leaving them vulnerable to a sell-off. Ongoing global glut concerns lingered in oil markets despite a bigger-than-expected draw in USA crude inventories.

FTSE 100 takes cover from war of words over South Korea
The broad-based S&P 500 shed 0.6 percent to 2,459.50, while the tech-rich Nasdaq Composite Index tumbled 0.8 percent to 6,299.12. The market was waiting f or USA consumer inflation data on Friday that would offer more clues about future Fed decisions.

Wenger admits uncertainty over future affected Arsenal
The compilers of calendar of the Premier League never has wished, and sent him to open the season, Arsenal and Leicester . Why, they must wonder, are Arsenal such notoriously slow starters in the Premier League.

Robin Haase reaches the semi-finals at the Rogers Cup
Shapovalov double-faulted as he crumbled for the first time, handing Zverev a 5-4 lead, and the German served out the set. Haase passed up five break points, while Schwartzman missed six points to win the game before finally clinching it.

Futures lower as N.Korea tensions extend to third day
While the French CAC 40 Index fell by 0.6%, the German DAX Index slumped by 1.1% and the UK's FTSE 100 Index plunged by 1.4%. Labor Department is likely to report that initial jobless claims remained unchanged at 240,000 for the week ended August 5.

DFA defends Cayetano claim on China reclamation
Malacañang on Friday chose to take a tactful stance on the matter of the passage of the United States destroyer USS John S. Chinese naval vessel has warned off a U.S. ship carrying out a freedom of navigation operation in the South China Sea.

Denis Shapovalov says he doesn't remember taking that photo with Rafael Nadal
When the new world rankings come out on Monday he will be 67th in the world and the youngest player in the top 100. If I felt like I couldn't do all these things, it would not be enjoyable or I wouldn't be doing it any more.

Kylie Jenner Attends Prom for the First Time
Before the show started, Kim Kardashian posted a sweet Instagram saying she was "so proud" of her little sister. As fans of the show know, Jenner, who was 14 at the time, later recovered it in a stroke of pure luck.

Jason Day crashes out of PGA Champs
But even Koepka had a hard time making putts on new Bermuda greens that were firm and so fast that players had to be defensive. Clouds quickly gathered Saturday morning as around two dozen players returned to the course to complete their second rounds.

Project Your Eyes During a Solar Eclipse
Also, always avoid looking at the sun through an unfiltered camera, smartphone, telescope, or any other optical device. Two to five eclipses occur each year, and only occur when the moon's orbit crosses the Earth's ecliptic plane.