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N. Korea readies Taepodong missiles for sale to Iran

SPECIAL TO WORLD TRIBUNE.COM
Tuesday, December 14, 1999

TOKYO -- A South Korean newspaper reported that North Korea is considering exporting Taepodong missiles to Iran.

The Yonhap News Agency, quoting U.S. intelligence sources, reported on Sunday that North Korea will sell the Taepodong-1 missile to Iran and other unspecified countries for approximately $6 million each.

The report did not qualify the amount of missiles involved in the projected transaction.

Meanwhile, the multilateral consortium Korean Peninsula Energy Development Organization [KEDO] agreed on Monday to provide two nuclear power reactors to North Korea.

A contract for the construction of the nuclear plant is scheduled to be signed between the main contractor and the North Korean government on Wednesday.

The executive board of [KEDO] agreed at a one-day meeting in Tokyo to ''proceed in the direction of signing a main contract,'' Japan's Vice Foreign Minister Yutaka Kawashima told a press conference.

Japan's Social Democratic Party [SDP] leader Takako Doi held talks Monday with South Korean President Kim Dae Jung.

Following the talks, Kim said he welcomes Japanese moves to normalize diplomatic ties with North Korea.

Tuesday, December 14, 1999

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