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DPRK eyes shutdown of nuke reactor on arrival of promised aids (2)
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08:41, July 07, 2007

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"The agreement should be honored not only by the DPRK but by all the countries participating in the six-party talks on the principle action for action," he added.

South Korea confirmed Thursday it will start sending the first shipment of heavy fuel oil to DPRK next Thursday in accordance with the Feb. 13 agreement designed to solve the nuclear standoff on the Korean Peninsula.

In the February agreement, Pyongyang pledged to shut down the Yongbyon reactor within 60 days in exchange for 50,000 tons of heavy fuel oil or equivalent aid.

However, the denuclearization process was held up when the DPRK insisted that its 25 million U.S. dollars in fund frozen by the United States at the Banco Delta Asia in Macao be returned first.

On Monday the DPRK said its demand had been met and it was ready to honor its commitment.

Source: Xinhua
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