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N.Korea, U.S. resume sanctions talks

TOKYO, Jan. 30 (UPI) -- This week's financial talks between North Korea and the United States are expected to last more than one day, a Japanese news report said Tuesday.

The bilateral talks on a U.S. financial crackdown on the communist country opened in Bejing Tuesday. The meeting is considered as the key sticking point in the prolonged six-nation talks on ending the North's nuclear drive.

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Daniel Glaser, Washington's chief envoy to the financial talks with the North, said there are many "serious issues" on the agenda and he will be working through those with his North Korean counterpart, Japan's Kyodo reported.

"I expect it will go on for longer than one day. We are prepared to meet them as long as it takes to get through the agenda of issues we have before us," he said.

Glaser, deputy assistant Treasury secretary for terrorist financing and financial crimes, is to haggle over financial sanctions with his North Korean counterpart O Kwang Chol, president of the Foreign Trade Bank of Korea.

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