A handout photo made available by Cheong Wa Dae (the South Korean presidential office) shows South Korean President Moon Jae-in (2-L) chairing a cabinet meeting at the presidential office Cheong Wa Dae (or Blue House) in Seoul, South Korea 08 May 2018. Moon marks his first year in office on 10 May. Cheong Wa Dae / EPA
A handout photo made available by Cheong Wa Dae (the South Korean presidential office) shows South Korean President Moon Jae-in (2-L) chairing a cabinet meeting at the presidential office Cheong Wa DaShow more

North Korea and Japan must normalise ties, says South Korea's Moon



Japan and North Korea should begin talks to normalise relations between the two countries and contribute to peace and stability in the region, South Korean President Moon Jae-in told a Japanese newspaper on Tuesday.

"In particular, I think dialogue between Japan and North Korea should be resumed," Mr Moon said in the interview with the Yomiuri newspaper.

"If Japan-North Korea relations are normalised, that would greatly contribute to peace and security in Northeast Asia beyond the Korean peninsula," he said in written answers to questions submitted by the newspaper.

At Moon's summit last month with North Korean leader Kim Jong-un, both sides agreed to work towards denuclearisation. Kim said during that meeting he was "ready to have a dialogue with Japan anytime," Mr Moon told the newspaper.

There was no immediate comment from the Japanese government, which has called Pyongyang's nuclear weapons and missile programmes the toughest security threat facing Japan since World War Two.

Moon's interview was conducted ahead of a summit on Wednesday between Moon, Japanese Prime Minister Shinzo Abe and Chinese Premier Li Keqiang in Tokyo.

North Korea was expected to be high on the agenda but a Chinese diplomat said last week the talks were about regional cooperation and not focused on the Korean peninsula

Nevertheless, months of frosty relations between Beijing and Pyongyang appear to have thawed since Kim's secretive visit to Beijing in March, where he met Chinese President Xi Jinping.

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Analysts said Mr Kim's meeting with Xi strengthened North Korea's negotiating position by aligning the two nations ahead of Kim's summit with US President Donald Trump in the coming weeks.

A high-ranking North Korean official visited the Chinese city of Dalian this week, South Korea's Yonhap News Agency said on Tuesday, citing multiple anonymous sources.

The North Korean official flew in a private plane and arrived at Dalian airport on Monday amid heavy security, Yonhap said. It did not identify the official.

In the interview, Mr Moon said Mr Kim's desire for "complete denuclearisation" laid the groundwork for the future summit between the United States and North Korea, although it remained to be seen if concrete steps were agreed at the talks.

Trump has said he will maintain sanctions and pressure on the North and "not repeat the mistakes of past administrations", and has said his tough stance had led to the breakthrough.

Moon said Mr Kim was "a very open and practical person" and both leaders had a mutual goal for the denuclearisation of the Korean peninsula.

"From now on, based on our deep mutual trust, we'll make bold steps toward peace and prosperity, and unification," Mr Moon said.

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

THE SPECS

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Transmission: 8-speed automatic

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2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Fourth Arab Economic and Social Development Summit

As he spoke, Mr Aboul Gheit repeatedly referred to the need to tackle issues affecting the welfare of people across the region both in terms of preventing conflict and in pushing development.
Lebanon is scheduled to host the fourth Arab Economic and Social Development Summit in January that will see regional leaders gather to tackle the challenges facing the Middle East. The last such summit was held in 2013. Assistant Secretary-General Hossam Zaki told The National that the Beirut Summit “will be an opportunity for Arab leaders to discuss solely economic and social issues, the conference will not focus on political concerns such as Palestine, Syria or Libya". He added that its slogan will be “the individual is at the heart of development”, adding that it will focus on all elements of human capital.

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