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Japan Mulls Global Fund to Pay for North Korea Nuclear Disarmament – Reports

© Sputnik / Grigoriy Sisoev / Go to the mediabankJapanese Prime Minister Shinzo Abe speaks at the plenary session of the 3rd Eastern Economic Forum in Vladivostok
Japanese Prime Minister Shinzo Abe speaks at the plenary session of the 3rd Eastern Economic Forum in Vladivostok - Sputnik International
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TOKYO (Sputnik) - Japanese Prime Minister Shinzo Abe considers setting up an international foundation to finance North Korea’s denuclearization, media reported.

Abe mentioned a global "mechanism" on Saturday that would accumulate donations by the international community to aid the North in its bid to get rid of nuclear weapons, Kyodo said.

In this image released by the White House, then-CIA director Mike Pompeo shakes hands with North Korean leader Kim Jong Un in Pyongyang, North Korea, during a 2018 East weekend trip. - Sputnik International
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Pompeo Says US Won't Lift Sanctions on DPRK Before Complete Denuclearization
North Korea’s leader Kim Jong-un committed to a complete nuclear disarmament in a joint declaration signed after a historic summit with US President Donald Trump in Singapore on June 12.

Abe said Japan would benefit from the North's denuclearization but added Pyongyang would have to make concrete steps to prove it was willing to carry out its promises.

US Secretary of State Mike Pompeo said at a press conference this week sanctions would only be eased after the cash-strapped nation gave up all its nuclear weapons.

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