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The E-Sylum:  Volume 9, Number 10, March 5, 2006, Article 14

NORTH KOREA SAYS COUNTERFEITS WERE "AN ACCIDENT"

The Joong Ang Daily of South Korea reports that "North Korea
has proclaimed itself a victim rather than a perpetrator of
counterfeiting that Washington claims it had engaged in.

The new round of positioning came just before a scheduled
meeting between North Korean and U.S. officials in New York
to discuss the U.S. charges and the sanctions it imposed as
a result."

"North Korea watchers in Seoul saw Tuesday night's commentary
as a preview of what it will argue when it meets the American
officials. "The North is saying that it is willing to accept
responsibility for counterfeit money that came into its
possession accidentally," said Jung Chang-hyun of Kookmin
University."

"U.S. officials have suggested that the North must end its
counterfeiting and prove that it had done so, perhaps by
producing the plates used to make the $100 "supernotes" that
are the focus of the U.S. allegations."

To read the complete story, see: Full Story

  Wayne Homren, Editor

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