North Korea Has 'Tremendous Potential' As Economic Power - Donald Trump

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North Korea Has 'Tremendous Potential' as Economic Power - Donald Trump

North Korea's potential of becoming an economic power is significant particularly because the country is situated between South Korea, Russia and China, US President Donald Trump said in a press conference on Friday

WASHINGTON (UrduPoint News / Sputnik - 15th February, 2019) North Korea's potential of becoming an economic power is significant particularly because the country is situated between South Korea, Russia and China, US President Donald Trump said in a press conference on Friday.

"We think that North Korea and Chairman Kim [Jong Un] have tremendous potential as an economic force, and economic power," Trump said. "Their location between South Korea and then Russia, and China, right smack in the middle, it's phenomenal. We think they have a great chance for tremendous economic prosperity in the future."

Trump's comments came just days before his scheduled second summit with North Korean leader Kim Jong Un.

"I look forward to seeing Chairman Kim in Vietnam," Trump said.

Trump announced last Friday that the summit would take place in the Vietnamese capital of Hanoi February 27-28.

The US president said he looked forward to meeting with Kim to advance "the cause of peace" as the two leaders discuss the denuclearization of the Korean Peninsula.

On June 12, Trump and Kim met for the first time for talks in Singapore. During the summit, Kim expressed a commitment to getting rid of North Korea's nuclear arsenal, while Trump said the United States was ready to provide Pyongyang with security guarantees.