The U.S. President Donald Trump and his North Korean colleague Kim Jong Un have abruptly cut short their two-day summit in Hanoi after they failed to reach an agreement to dismantle the nuclear weapons of Pyongyang, as The Washington Post reported.
“Talks collapsed unexpectedly amid a disagreement over economic sanctions, with the two leaders and their delegations departing their meeting site in Vietnam’s capital city without sitting for a planned lunch or participating in a scheduled signing ceremony,” the news agency reads.
The leader of North Korea said he was ready to denuclearize, Trump assured, that agreement was “ready to sign.” The main impediment, according to Trump, was that Kim wanted all economic sanctions on North Korea lifted in exchange for the closure of only one North Korean nuclear facility, which actually leaves a large arsenal of missiles and warheads for Pyongyang.
“We had some options, but at this time we decided not to do any of the options. Sometimes you have to walk, and this was just one of those times,” Trump said.
For Trump, it was a diplomatic failure: he flew to Vietnam 20 hours hoping to produce demonstrable progress toward North Korea’s denuclearization.
“The breakdown sent shivers through financial markets in Asia, with South Korea’s stock market falling sharply just before the close of trading to end down 1.8 percent. The South Korean won also slipped, and Japan’s main Nikkei 225 share index ended down 0.8 percent,” the message reads.
At the press conference, held after Trump’s return, the President said he and Kim did not agree to hold a third summit. In addition, according to the U.S. President, Kim promised not to carry out missile launchers or test nuclear weapons. Trump said the leader of the North Korea "was willing to closeYongbyon Nuclear Research Complex, the site of North Korea’s main nuclear reactor and its only source of plutonium to make bombs."
“It was about the sanctions. Basically they wanted the sanctions lifted in their entirety, and we couldn’t do that. They were willing to denuke a large portion of the areas that we wanted, but we couldn’t give up all of the sanctions for that,” Trump explained.
“I wish we could have gotten a little bit further. Unfortunately, we didn’t get all the way. We didn’t get to something that ultimately made sense for the United States of America,” Mike Pompeo, the U.S. Secretary of State, added.
The parties have not reached compromise on the key issue - denuclearization of the Korean Peninsula.
“He has a certain vision. It’s not exactly our vision, but it’s a lot closer than it was a year ago,” Trump said.