Feb 25, 2013, 08.33 AM | Source: Reuters
South Korea's new President Park Geun-hye urged North Korea on Monday to abandon its nuclear ambitions immediately and to stop wasting its scarce resources on arms development.
"I urge North Korea to abandon its nuclear ambitions without delay and embark on the path to peace and shared development," Park said as she was inaugurated as the country's first woman leader.
Park took office just 13 days after the North's young leader Kim Jong-un carried out the country's third nuclear weapons test, its most powerful to date.
There must be new development model for north-east: PM Modi
"If the projects had been completed 25 years ago,
On policy day, look to North Block, not Mint Street: Economist
Investors should look past the monetary policy eve
UK announces help for struggling North Sea oil industry
At the same time, Prime Minister David Cameron is
R-Day eve speech: Prez cautions against violence, intolerance
"When grim instances of violence hit at these esta
Rafale jet deal on ‘right track’: French Prez Hollande
French President Francois Hollande today affirmed
Barclays to close Asia cash equities; exit South Korea, Taiwan
The London-based lender will close its equity rese