An agreement between the US and North Korea could have long-term consequences far beyond the Far East. From Tom Luongo at tomluongo.me:
Those who have followed this blog for the past year know that I feel Presidents Trump and Putin are working towards a Middle East Peace Agreement. Brick by brick, day by day, the foundation for this agreement is being built
Last night’s nigh-historic statement by the South Korean National Security Adviser Chung Eui-yong is another piece of that foundation. You can read the entire statement here, but I’ll highlight the important part:
“I told President Trump that in our meeting North Korean leader Kim Jong-un said he is committed to denuclearization. Kim pledged that North Korea will refrain from any further nuclear or missile tests; he understands that the routine joint military exercises between the Republic of Korea and the United States must continue. And he expressed his eagerness to meet President Trump as soon as possible.”
“President Trump appreciated the briefing and said he would meet Kim Jong-un by May to achieve permanent denuclearization.”
This is the breakthrough that everyone was waiting for. Once Trump gets involved in the negotiations, a deal will be made. That’s his wheelhouse, making deals. Everyone walks away a winner in their minds.
We can argue about the effectiveness of Trump’s sanctions until we are blue in the face. But the reality is that 1) Koreans no longer want separation and 2) North Korea is not the economic basket case we are constantly told it is in the media.
I remember meeting with Jim Rogers in 2015 at a conference and the two areas of the world he was most bullish on were Kazakhstan and North Korea.
Because North Korea, under Kim Jong-Un, is moving towards a more open society, not a closed one. The sincere desire for reunification of the Korean peninsula, if only symbolically through a more open border, is the animating principle here.
And that only happens with a North Korea entering the modern world economy.
To continue reading: Peace in Our Time? Only if America is “Agreement Capable”