The idea of building a pipe to carry natural gas from Russia's Far East to South Korea has been around since the 1990s, Bloomberg has reported.
Recall June 12 in Singapore hosted a meeting of the President of the United States Donald trump and the leader of the DPRK Kim Jong-UN.
Lim is to deliver a keynote speech at the session, titled "Assessing the Trump-Kim Summit", which will be co-hosted by the Center for Strategic and International Studies (CSIS) and the Korea Foundation (KF), a key organization of Seoul's international exchange and public diplomacy initiative.
During the talks, the North is said to have demanded the suspension of joint military drills between South Korea and the United States. "There has been no discussions and no change in position on the matter of the issue of USA troops in South Korea", said the high-level South Korean official, who spoke on condition of anonymity. The Chosun Ilbo newspaper said the US-South Korea alliance will weaken, while the denuclearization of North Korea remains unclear.
Trump also stated during his news conference in Singapore that he wants to draw down American troops in the Korean Peninsula at some point in the future, although not as a part of the negotiations with Kim.
About 28,500 US troops are stationed in South Korea, a legacy of the 1950-53 Korean War that ended in an armistice rather than a peace treaty, leaving the two Koreas technically still at war.
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US Secretary of Defense James Mattis and South Korean Defense Minister Song Young-moo spoke over the phone on Thursday about the drills, including the annual Ulchi Freedom Guardian in August.
The process was put back on track during a surprise second summit early this month between Kim and South Korean President Moon Jae-in. Mattis left the door open to the issue being discussed down the road between Seoul and Washington if certain conditions were met.
The official said the U.S.
Trump's move had caught South Korean officials off guard, but they said a halt in the drills was needed while dialogue with the North was underway.
North Korea proposed to Seoul to disarm, on a trial basis, the Joint Security Area in Panmunjom, the South's presidential spokesman said.