Small sum may prove key to N.Korean nuclear talks


  • World
  • Wednesday, 07 Feb 2007

MACAU (Reuters) - A breakthrough deal at six-party nuclear talks in Beijing this week may hinge on the fate of a sum of money equal to half a percent of North Korea's total foreign trade that has been blocked in a city far from the action. 

Macau authorities froze the money -- about $24 million -- after Washington labelled Macau's Banco Delta Asia in late 2005 a primary money-laundering concern that had assisted Pyongyang's drug trafficking and other illicit activities. 

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