North Korea can't afford nuclear weapons and a working economy, nominated unification minister says

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North Korea can't afford nuclear weapons and a working economy, nominated unification minister says
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Kim Yeon-chul said economic leverage should be used to encourage denuclearization progress.

The man nominated to lead South Korea’s Unification Ministry has suggested that North Korea will need to give up its nuclear program if it ever wants a prosperous economy.

Moon nominated Kim to lead the Unification Ministry earlier this month. The president said Kim—a close advisor to Moon and strong supporter of restarting of inter-Korean economic cooperation—will lead the president’s drive for “a new Korean peninsula.” Kim said economic leverage should be used to achieve greater progress. “Basically I think they can’t have both nuclear weapons and the economy at the same time,” he explained.

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