Sounds Like a Job for ‘The Dog’
But this time, they mean business:
An international energy consortium has asked impoverished North Korea for nearly US$1.9 billion in compensation for its defunct project to build two nuclear power plants in the North under the 1994 nuclear agreement on the North’s freezing of its nuclear activities, diplomatic sources here said Tuesday.
North Korea, however, has yet to respond to the claim, the sources said, speaking on condition of anonymity. Analysts also said the North is unlikely to respond favorably, given its past record and current claims.
I wonder what those analysts get paid for such exceptional prescience. You may recall back in 2004, when North Korea nationalized all of KEDO’s construction equipment. I wonder if this is somehow connected to that.
Of course, South Korea, a KEDO member, is paying the North Korean regime a cool billion in direct aid this year. Maybe some sort of garnishment is in order. Either that, or a very angry letter.