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Tuesday, February 13, 2007

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Now, about those millions on ice

North Korean nuclear envoy Kim Kye Kwan and ...

The agreement on North Korea's nuclear program has one sticking point both sides agreed to leave for later: Whether Pyongyang gets its hands on millions of dollars sitting in a bank in Macau. Kai Ryssdal has more.

North Korean nuclear envoy Kim Kye Kwan and his aides applaud after China's envoy read the details of an agreement during the closing ceremony of the six-party talks on North Korea's nuclear program, Feb. 13, 2007 in Beijing. (Andrew Wong, Getty Images)

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KAI RYSSDAL: Everybody from the president on down's praising the news out of Beijing today. North Korea has agreed to suspend its nuclear program in exchange for a $250 million aid package.

One sticking point both sides have agreed to leave for later is whether Pyongyang gets its hands on millions of dollars sitting in a bank in Macau.

University of Georgia History Professor Stephen Mihm says a lot has to happen before the U.S. unfreezes that money.
STEPHEN MIHM: If in the next month this question of the frozen accounts is resolved to their satisfaction — and that's a big if — then that may do a lot to insure the success of this particular accord. But it's by no means certain.

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