U.S. working with Russia, Macau to resolve N. Korean banking dispute

  • 12/15/2022
  • 19:40
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WASHINGTON/SEOUL, June 12, SPA -- The U.S. Treasury confirmed today that the United States was working with Russia to resolve a North Korean banking dispute, a development expected to move forward a denuclearization deal whose implementation is overdue, reported the South Korean news agency Yonhap. South Korean and U.S. officials are scheduled to meet in the coming days to discuss follow-up steps once the issue is solved. Treasury spokeswoman Molly Millerwise said the U.S. was cooperating with Russian and Macanese officials to "facilitate the transfer" of funds previously frozen by Banco Delta Asia (BDA). "We appreciate the willingness of the Russian government to facilitate this transaction and the good cooperation of the Macanese authorities," she said.--SPA www.spa.gov.sa/458082

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