• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
North Korea

North Korea Threatens to Resume Nuclear Program and Slams Sanctions

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
November 3, 2018, 10:21 AM ET

North Korea stepped up its attack on U.S.-led sanctions, threatening to resume its nuclear program if the measures aren’t lifted.

The Foreign Ministry’s Institute for American Studies said it could revive its policy of economic construction and nuclear development if sanctions continue. The U.S. “Had better stop the self-destructive act of putting pressure” on the North, the Korean Central News Agency cited director Kwon Jong Gun as saying.

The measures hamper South Korea from pursuing cooperation projects with the North, according to the institute in a statement late Friday. That echoes North Korean leader Kim Jong Un’s recent comments, saying that “vicious” sanctions stand in the way of promoting the country’s development and lead instead “to change and submission.”

The remarks come a week before a planned meeting between U.S. Secretary of State Michael Pompeo and North Korean official Kim Yong Chol to discuss details of a potential second summit between Kim and President Donald Trump. Pompeo and Kim will likely be accompanied by special envoy Stephen Biegun and North Korea’s Choe Son Hui, South Korea’s Hankyoreh reported.

Hours after the statement was released, satellite imagery seen by 38 North suggested that North Korea is continuing uranium mining and milling operations at one of the country’s largest declared uranium ore concentrate facilities.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.