From the April 3 Ministry of Foreign Affairs press briefing in Beijing:
Q: Glaser is still in Beijing. Is there any new progress on the transfer issue of BDA? Sources from the ROK suggested that the US and the DPRK will hold bilateral meetings at this weekend. Can you confirm?
A: The relevant parties are still having consultation on the issue. As for the meetings between the US and the DPRK, please refer your question to the US or the DPRK side.
Glaser arrived Beijing on March 25 to "implement" the transfer of funds from 50 frozen accounts at BDA into a North Korean account at Bank of China--the first key trustbuilding exercise that was supposed to be resolved by March 14.
He's been there a long time. Wonder what he’s doing.
"The U.S. Treasury delegation, which left Beijing Friday after 13 days of negotiations, was led by James Wilkinson, chief of staff to Treasury Secretary Henry Paulson Jr.; Daniel Glaser, a deputy assistant treasury secretary for terrorist financing and financial crime; and James Fries, deputy assistant general counsel at Treasury."
There's no agreement on the money.
The State Department is still optimistic that NK will shut down the reactor on time, ha, ha.
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