South Korea’s leader warns of North’s regime collapse
South Korea’s president warned Tuesday that North Korea faces collapse if it does not abandon its nuclear bomb program, an unusually strong broadside that will likely infuriate Pyongyang.
President Park Geun-hye, in addressing Parliament to defend the closure of a jointly run factory park in North Korea, said South Korea will take unspecified “stronger and more effective” measures to make North Korea realize its nuclear ambitions will result only in accelerating its “regime collapse.”
Park shut the factory park in response to the North’s recent long-range rocket test, which Seoul and Washington see as a test of banned ballistic missile technology.
Without elaborating, Park said the North has diverted much of the factory workers’ pay to the Pyongyang leadership, which directs its nuclear and missile development. She also said the South has sent more than $3 billion in government and civilian aid to the North since mid-1990s. Read More