Trump in 'no rush' for deal with North Korea's Kim on second day of summit

HANOI (Reuters) - U.S. President Donald Trump and North Korean leader Kim Jong Un began a second day of talks on Thursday, with both sides expressing hope for progress on improving relations and the key issue of denuclearization.

Trump and Kim met in the Vietnamese capital, Hanoi, on Wednesday for their second summit, after their historic but inconclusive first meeting in Singapore eight months ago.

As they got down to the substance of the issues dividing them on Thursday, they both appeared to be cautiously optimistic, with Trump stressing the talks aimed at tackling North Korea’s nuclear threat should not be rushed.

“I’ve been saying very much from the beginning that speed is not that important to me. I very much appreciate no testing of nuclear rockets, missiles, any of it, very much appreciate it,” Trump told reporters as he and Kim sat at a round table in the French-colonial-era Metropole hotel before their session.

“We just want to do the right deal.”

North Korea has conducted no nuclear or intercontinental ballistic missile tests since late 2017.

Kim, asked by a reporter if he was confident about a deal, said, through an interpreter:

“It’s too early to tell, but I wouldn’t say I’m pessimistic. For what I feel right now, I do have a feeling that good results will come out,” he said, in what was believed to be his first ever response to a foreign journalist.

“There must be people who watch us having a wonderful time, like a scene from a fantasy movie. We have so far made lots of efforts, and it’s time to show them,” Kim said.

Trump reiterated North Korea’s potential, if a deal can be done, saying the isolated country could be an “economic powerhouse”.

The two leaders took a brief break from their talks after about half an hour to stroll in the leafy hotel courtyard, by a swimming pool.

They were joined by Kim’s top envoy Kim Yong Chol, U.S. Secretary of State Mike Pompeo and interpreters. U.S. National Security Adviser John Bolton looked on from a short distance but did not join the group.

They chatted and gestured for a few minutes before going back inside.

Trump and Kim have a series of meetings scheduled at the Metropole and will later hold a “joint agreement signing ceremony”, the White House said.

After, Trump plans a news conference at 3:50 p.m. (0850 GMT).

PRESSURE

The White House has given no indication of what the signing ceremony might involve, although the two sides’ discussions have included the possibility of a political statement to declare the 1950-53 Korean War over.

They have also discussed partial denuclearization measures, such as allowing inspectors to observe the dismantling of North Korea’s Yongbyon nuclear reactor, U.S. and South Korean officials say.

U.S. concessions could include opening liaison offices or clearing the way for inter-Korean projects, but critics say Trump risks squandering vital leverage if he gives away too much, too quickly.

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Their June summit in Singapore was the first between a sitting U.S. president and a North Korean leader. It produced a joint statement in which Kim pledged to work toward denuclearization of the Korean peninsula and the two sides committed to establish new ties and build a permanent peace regime. But there has been little progress since.

U.S. intelligence officials have said there is no sign North Korea will give up its entire arsenal of nuclear weapons, which Kim’s ruling family sees as vital to its survival, and analysts say Pyongyang is unlikely to commit to significant steps without an easing of punishing U.S.-led sanctions.

Facing mounting pressure at home over investigations into Russian meddling in the election, Trump has sought a big win by trying to persuade North Korea to give up its nuclear weapons in exchange for promises of peace and development, a foreign policy goal that has confounded multiple predecessors.

In the United States on Wednesday, his former personal lawyer Michael Cohen testified at a congressional hearing in Washington, calling Trump a “conman” who knew in advance about the release of stolen emails aimed at hurting his Democratic rival in the 2016 election campaign.

For live coverage of the summit, click: here; Reporting by Soyoung Kim and Jeff Mason in HANOI; Additional reporting by Hyonhee Shin, Jack Kim, James Pearson, Mai Nyugen, Ju-min Park, Khanh Vu, Josh Smith in HANOI, David Brunnstrom and Matt Spetalnick in WASHINGTON; Editing by Robert Birsel and Lincoln Feast

Our Standards:The Thomson Reuters Trust Principles.

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