South Korea Leader to Visit China as Japan's Abe Left Waiting

South Korea Leader to Visit China as Japan's Abe Left Waiting

It then required the country to comply immediately and fully with relevant U.N. Security Council resolutions. But it has vowed never to give up its nuclear arsenal. Moon was the second leader Xi held bilateral talks with that day, following Vietnamese President Tran Dai Quang, and followed by the leaders of Japan and the Philippines.

"I believe it will not be easy realistically to move on to complete dismantlement of North Korean nukes in the near future, considering recent advances in North Korea's nuclear and missile programs", the president said at a press conference. "But we need to raise the pressure ... so that North Korea finds it necessary to come back to the negotiating table", he said.

Moon's remarks were made available by his presidential office, the Blue House. The four-day exercise in the western Pacific involves three US aircraft carriers - USS Ronald Reagan, USS Nimitz and USS Theodore Roosevelt - and seven South Korean warships including three destroyers. Both have urged caution and dialog as U.S. President Donald Trump and North Korean leader Kim Jong Un engage in an escalating war of words.

The South Korean leader refused to answer when asked whether his country and the United States may consider halting their joint military exercises in South Korea, which have always been accused by Pyongyang as being aimed at attacking and toppling the communist regime. Trump threatened in his maiden U.N. address to "totally destroy" North Korea if the United States was threatened and has said the time for talking, the policy of previous US administrations, is over.

Oil falls for a third day, knocked by rising U.S. output
The country's light oil price was reported $50.39 on average since the beginning of 2017 until November 3. Brent crude futures were last down 34 cents on the day at $62.82 a barrel at 1212 GMT, while U.S.

Moon, however, insisted now was still time to focus on keeping maximum pressure and sanctions against the impoverished North.

In a separate meeting with South Korean President Moon Jae-in, Xi said the situation on the Korean peninsula had reached a "pivotal" stage, Yonhap news agency reported. "Since China has not retracted its official position that THAAD damages its strategic interests, the THAAD issue continues to simmer and could still boil over under the right circumstances", said Lee Hui-ok, director of the Sungkyun Institute of China Studies.

Abe nevertheless said it was significant that he and Xi had agreed to deepen cooperation on North Korea, adding he would continue to make efforts to improve ties with China.

The Korean government also assuaged Beijing's security concerns with the so-called "three nos", meaning no additional Thaad deployments, no joining of a broader U.S. missile defense (MD) system and no Korea-U.S. -Japan military alliance.

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