2018-04-11 09:37:00 Wed ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
North Korean leader and president Kim Jong-Un seeks peaceful resolution and denuclearization on the Korean Peninsula. When *peace* comes to shove, Asian and U.S. stock markets reap sharp gains as a result.
As of late-April 2018, Kim crosses the border into the south side of the Korean-demilitarized-zone (KDZ) in a historic embrace with South Korean President Moon Jae-In. Kim and Moon issue a joint statement that expresses their key intention to establish a peace treaty as the formal end of the 65-year Korean War. They vow to re-unite both sides of the Korean peninsula for economic prosperity, sustainable peace, and regional safety. Both sides now work toward ridding the peninsula of nuclear weapons, and the KDZ border area becomes a new peace zone that helps enrich the economic lives of Korean civilians.
U.S. President Trump expects to meet-and-shake-hands with North Korean leader and president Kim Jong-Un in their inaugural peace summit around mid-June 2018. As North Korea and America have yet to determine the exact time and place for the Trump-Kim peace summit, several media commentators speculate the summit to happen in Singapore, which has historically been a neutral high-income country that respects both diverse ethnic cultures and economic differences worldwide.
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