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Seoul still optimistic over N. Korea talks

SEOUL, March 23 (UPI) -- A top South Korean official says the row over North Korea's money transfer will be resolved next week to resume nuclear talks.

This week's six-nation talks on the North's nuclear drive abruptly ended without progress as Pyongyang boycotted the meeting while waiting for its $25 million at a Macau bank to be transferred to its account at the Bank of China. But the Chinese bank refused to hold the North Korean money, citing the transaction may drop their credit rating.

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South Korea's Foreign Minister Song Min-soon Friday said the delay in the money transfer from the Banco Delta Asia was "purely a technical problem."

"By next week, (negotiators) will resolve the BDA problem and discuss ways to begin the actual implementation" of the recent nuclear accord, he told a group of journalists.

Chun Young-woo, Seoul's chief nuclear negotiator, said nuclear envoys are trying to designate a bank outside China to release North Korea's money.

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