The photo taken on March 17 shows the reporters outside the Diaoyutai State Guesthouse in Beijing, where the denuclearization working group met.

 

Mar.19 - The governments of United States and Democratic People's Republic of Korea (DPRK) have reached understanding on the disposition of DPRK related funds frozen at Macao-based Banco Delta Asia (BDA), a U.S. official announced on Monday before six-party nuclear talks resumed in Beijing.

 

"We have assurances the funds are going to be transferred to a bank in Beijing to be used for humanitarian and educational purposes," The U.S. Deputy Assistant Treasury Secretary Daniel Glaser said.

 

The DPRK has proposed the transfer of the roughly 25 million U.S. dollars frozen in BDA into an account held by DPRK's Foreign Trade Bank at the Bank of China in Beijing, according to a statement issued by the U.S. treasury official.

 

The DPRK has pledged within the framework of the six-party talks that the funds will be used solely for the betterment of its people, including for the humanitarian and educational purposes, the statement said.

 

"We believe this resolve of the issue of DPRK-related frozen funds," Glaser said.