N. Korea Has Potential, OECD Sec.-General Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 12 June 2018
⏱️ 29 minutes
🧾️ Download transcript
Summary
Daniel Ten Kate, Bloomberg News Asia Government Managing Editor, and Lisa Collins, Center For Strategic & International Studies Korea Chair, discuss the historic summit between the U.S. and North Korea.Shahab Jalinoos, Credit Suisse Global Head of FX Trading Strategy, says political risk in the U.S. is still muted compared to risk in other countries. Kathy Moon, The Brookings Institution Center for East Asia Policy Studies Senior Fellow, thinks members of Congress will want more clarification about what President Trump and North Korea's Kim discussed. Jose Angel Gurria, OECD Secretary-General, says North Korea has the potential to compliment South Korea and the whole world's economy.
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| 0:10.8 | And context changes everything. Go to Bloomberg.com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene. |
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| 0:41.5 | Bloomberg. The main event then, the United States and North Korea agreeing to seek complete denuclearization of the Korean Peninsula following a historic |
| 0:54.8 | summit between President Donald Trump and Kim Jong-un. |
| 0:58.1 | Yet the Accords set no deadline and left the path to disarmament undefined. The details are light. The headlines, impressive. |
| 1:05.8 | Blumberg, managing editor Dan 10K, George is now from Singapore. |
| 1:09.6 | Dan, The Theatrix, the pictures, the photographs, the videos, they're all theatrics the pictures the photographs the videos they're all theatrical it's what you expected the |
| 1:16.6 | details though what is the detail of this agreement down well there's not much in terms of |
| 1:22.3 | substance in this agreement. |
| 1:24.0 | Most of what we saw today we've seen before, and in fact it was a lot lighter than even |
| 1:30.0 | skeptics were hoping for. |
| 1:32.0 | Complete denuclearization is a term that North Korea |
| 1:34.9 | uses to suggest not only the removal of its own nuclear weapons but also the |
| 1:40.6 | nuclear weapons that the United States has in the region to protect allies |
| 1:44.8 | South Korea and Japan. |
| 1:47.9 | So that alone, to just that Trump didn't forget too much. |
| 1:52.6 | Going into it, they kept talking about complete verifiable |
| 1:55.7 | irreversible denuclearization, |
| 1:58.0 | which is considered the gold standard |
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