Thursday, June 14, 2007

BDA fund transfer

Finally,, the North Korean fund transfer in BDA began on Thursday (local time), news article that I read said that more than 80% of its fund (about $20 million) has been transferred first to a Russian bank with links to North Korea via the U.S. Federal Reserve Bank and the Russian central bank.

The next question is: with its money in hand, whether the North will carry out the items which were agreed in the February 13 accord.

Washingtonpost Article about fund transfer

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