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North Korea, China delegates meet

March 10, 2007 at 2:03 PM

BEIJING, March 10 (UPI) -- North Korea's chief nuclear envoy Saturday said the United States has promised to lift its financial sanctions against his country.

"The North is keeping a close eye on the promise,'' Kim Kye-gwan told reporters at Beijing's Shoudu Airport as he headed home to Pyongyang, the Korea Times reported. "If the U.S. fails to solve the issue completely, we will have to take partial actions against it,'' Kim said.

In particular, Kim said the United States has said it will lift sanctions at the Banco Delta Asia in Macau, which the U.S. Treasury Department blacklisted in 2005 for its role in helping North Korea launder money, the Korea Times reported. The bank then froze $24 million in North Korean accounts.

Kim was in Beijing meeting his Chinese counterpart, Wu Dawei, as they prepared for another round of talks on North Korea nuclear disarmament.

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