trending Market Intelligence /marketintelligence/en/news-insights/trending/cyoa3gn-41qiyvfw0oy3rg2 content esgSubNav
In This List

North Korea reveals plans to dismantle nuclear test site

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


North Korea reveals plans to dismantle nuclear test site

North Korea will dismantle its nuclear testing site in May following its pledge to no longer carry out unannounced missile tests, CNN reported, citing the Korean Central News Agency.

Authorities will use explosives to collapse the tunnels used in nuclear testing, and will block entries to the site. All observation facilities, research institutions and guard structures will be removed. The country will also withdraw all researchers and guards from the site.

The process will begin as early as May 23, if weather permits. It will be witnessed by journalists from China, Russia, South Korea, the U.S. and the U.K. to ensure transparency, the report said.

South Korea's presidential office earlier said that North Korean leader Kim Jong Un plans to shut down the nuclear testing site following historic talks with South Korean President Moon Jae-in.

Kim is set to meet with U.S. President Donald Trump in Singapore in June.