S.Korea's Moon says 'time to take action' on N.Korea ahead of summit with Biden

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South Korean President Moon Jae-in will be having his first summit with US President Joe Biden on 21 May.

South Korean President Moon Jae-in delivers his speech during a news conference at the Presidential Blue House in SeoulSEOUL -South Korean President Moon Jae-in said on Monday he sees his final year in office as the last chance to achieve a lasting peace with North Korea, and said it was time to take action amid stalled talks over Pyongyang's nuclear and missile programmes.

"I will consider the remaining one year of my term to be the last opportunity to move from an incomplete peace toward one that is irreversible," Moon said. "Now, the time for long deliberations is also coming to an end. It is time to take action." Biden, however, has shown no sign of loosening sanctions, which have hampered Moon's efforts to launch economic and tourism projects with the North, and the White House has not appointed a special envoy to handle the issue.Facing declining poll numbers at home, Moon promised the government would further boost fiscal spending if needed to increase jobs, as the country deals with its worst unemployment rate in two decades.

 

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