North Korean funds released
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{{North Korea}}

{{date|June 15, 2007}}

The [[Democratic People's Republic of Korea]] (DPRK) has received US$25,000,000 frozen in [[w:2005|2005]] as part of the general crackdown on the communist state.

The funds had been frozen in a [[Macau]] bank after the [[United States]] earlier alleged that the money was gained from activities including  [[w:money laundering|money laundering]] and counterfeiting. 

The DPRK had demanded return of the money as a precondition to engaging in the [[w:Six-party talks|six-party talks]].  In February, the U.S. agreed to allow North Korea to retrieve their funds.

== Sources ==
*{{source|url=http://www.ft.com/cms/s/28dc74d8-1add-11dc-8bf0-000b5df10621.html
    |title=Freeze ends on North Korean depositors' cash
    |author=Tom Mitchell and Neil Buckley
    |pub=Financial Times
    |date=June 15 2007}} 
*{{source|url=http://english.aljazeera.net/NR/exeres/BE579377-1C4B-41FE-8F90-281B44736473.htm
    |title=Eyes on N Korea after cash transfer
    |author=Agencies
    |pub=Al Jazeera
    |date=June 15, 2007}} 
*{{source|url=http://www.keralanext.com/news/?id=1030900
    |title=Japan calls on N Korea to shut reactor
    |author=Staff
    |pub=Keralanext.com
    |date=June 15, 2007}}

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[[Category:Politics and conflicts]]
[[Category:Economy and business]]
[[Category:North Korea]]
[[Category:United States]]
[[Category:Asia]]
[[Category:North America]]
[[Category:Korean Peninsula]]

</noinclude>
The Democratic People's Republic of Korea (DPRK) has received US$25,000,000 frozen in 2005 as part of the general crackdown on the communist state.

The funds had been frozen in a Macau bank after the United States earlier alleged that the money was gained from activities including  money laundering and counterfeiting. 

The DPRK had demanded return of the money as a precondition to engaging in the six-party talks.  In February, the U.S. agreed to allow North Korea to retrieve their funds.
Politics and conflicts Economy and business North Korea United States Asia North America Korean Peninsula