He later said that one facility contained 2,000 centrifuges producing low-enriched uranium but that the facility could be easily be converted to produce HEU bomb fuel - and that parallel facilities could exist elsewhere.
Hyundai Group, a South Korean conglomerate, has set up a working group to explore how it can invest in the North while there have been numerous requests to the South Korean government about restarting the Kaesong industrial complex, according to local media reports.
The two other Chinese traders confirmed that price range.
"Two Koreas shake hands, and Dandong rises!" blares the slogan at Zhao Ziye's real estate agency in the border town, where TV screens replay footage of Kim's visit to Beijing - his first known trip overseas since taking power in 2011. But, the first diplomatic source indicated, "The level agreement between the sides on a road map toward denuclearization is seen to be at 50 percent". Thanks to withdrawing from the Iran nuclear deal, North Korea can observe what will happen if it does not deal honestly with the U.S. Upon exiting the deal, Trump used his legal authority granted by Congress to enact severe sanctions on Iran.
When Moon mentioned to Kim he hoped to travel to a famous mountain in North Korea, Kim made a rare admission about the dismal state of the country's transport network. "Kim was never going to Washington, D.C., unless the United States promises to lift sanctions against the North upfront".
While some have characterized our President's foreign affair philosophy as "predictably unpredictable" or a doctrine of "maximum pressure", one constant holds true, President Trump is a seasoned negotiator who brings a lifetime of business experience when he sits across the table from foreign leaders. "This will be a fairly long process. that will take about two years".
The first source knowledgeable on matters of the summit said, "Taking into consideration that there is an vast number of known North Korean nuclear facilities, completing a [verification and inspection] process within six months to one year is unrealistic".
"The prospect for North Korea is for it to become a normal nation, to behave and interact with the rest of the world the way South Korea does", he said. Denuclearization of the North is likely to top the agenda.
Watch the Secretary of State's comments above.
However, on May 13, USA national security advisor John Bolton made the US stance clear when he said no benefits would flow to the North Korean regime unless a denuclearization process was "completely underway that's irreversible".
When Pompeo was heading the Central Intelligence Agency he described "separating" Kim from North Korea as the most sensible move to ensure stability.
Pompeo also said that if the summit leads to successful negotiations, the outcome will spur private investment in North Korea.
In addition to supporting the South Korean stance, United States have also accused the North Koreans of many extreme steps and the relations between the two have always been thin.