From the text of a keynote speech delivered by Rep. Chung Dong-young, special envoy of President-elect Roh Moo-hyun, during the World Economic Forum in Davos, Switzerland, Friday. Full text on this page of the Korea Times.

"North Korea must face up to the reality. If it continues to threaten peace, the international community will not simply turn a blind eye. Time is not on North Korea's side.

If North Korea gives up its nuclear programs and address other security concerns, however, it will be able to receive rewards, both economic and diplomatic, that will surpass its own expectations.

We are considering a bold North Korea reconstruction plan to move toward the "Korean Peninsula Economic Community." Thus, we will go beyond the policy of reconciliation and cooperation of the Kim Dae-jung administration, and move toward a policy for peace and prosperity on the Korean peninsula."


This is a speech to make South Korea proud for several reasons. They frankly discuss the cause of the problem, and plan bold steps towards the solution.