Iran could join NPT, Seoul urges North to abandon nuclear for investment

The Russian Foreign Ministry said Thursday that Iran could possibly become a full member of the Nuclear Non-Proliferation Treaty.

“The agreements reached on November 24, 2013, in Geneva on Iran’s nuclear program opens the actual perspective that by November of this year an exit [from the issue] and a long-term and reliable settlement of this issue will be found. Regardless of the difficult approach during the negotiation process, there is a possibility that Iran [could receive] its full capacity of rights as an NPT member state, including the right to enrich uranium and canceling the sanction regime [against the country],” the ministry said on its website.

“We hope that all the parties taking part in the consultations will show the political will in order to proceed with the final, mutually acceptable agreements, which will enable to re-establish trust of the international society for the peaceful nature of the Nuclear program of Iran. This could have a positive impact on the situation in the Middle East and lead to a creation of a zone, free of mass destruction weapons,” the statement said.

The fifth round of talks on Iran’s nuclear program was held in Vienna in July.

Meanwhile South Korea is ready to help its northern neighbor attract international investment, if it gives up its nuclear ambitions, South Korea’s Yonhap News Agency reported Thursday citing the country’s finance minister, Choi Kyung-hwan.

“If North Korea decides to abandon its nuclear weapons, we will cooperate with Northeast Asian countries to actively support North Korea’s accession to international financial organizations and its attraction of international investment,” the agency reported Choi as saying during a speech at a forum on Asian economic cooperation.

The official also promised to facilitate the establishment of a development bank for Northeast Asian countries, which would help North Korea build infrastructure to help its poor citizens.