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KOREAN NEWS - STAY CAUTIOUS

From : Radhakrishnan M at 08:41 PM - Dec 19, 2010 ( )
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Seoul to go ahead with live-fire exercise

The South Korean military will conduct a live-fire exercise on Yeonpyeong Island as planned Monday or Tuesday, officials here said Sunday, despite opposition from China and Russia, and North Korean threats of further provocations.

Diplomatic factors and North Korean threats will not be taken into account in staging the exercise on the island near the tense western sea border, they said. The North bombarded the island on Nov. 23, killing four South Koreans including two civilians.

“We have prepared for the exercise with this basic stance that we will definitely stage the exercise, which is our military’s legitimate one. Some say it could be put on hold or called off due to outside influence, but that is not true,” a senior government official said on condition of anonymity.

“Considering the weather, we are reviewing when the conditions for the exercise will be better. North Korean threats or diplomatic variables are not under consideration.”

Another government official underscored that there was nothing for the North to take issue with regarding the planned exercise as it is purely defensive in nature and a routine exercise that the military has conducted for decades.

The military announced Thursday last week that the one-day exercise would occur between Dec. 18 and 21. It has not yet been held due to inclement weather, which would make it difficult for the South to monitor movements of the North Korean military.

South Korea is poised to use the right of self-defense to take a strong counterstrike, including air strike, rather than being bound to the rules of engagement should the North launch another provocation.

The North on Nov. 23 fired a barrage of artillery at Yeonpyeong after denouncing the live-fire drills on the island earlier in the day in a move that experts here said is aimed at neutralizing the Northern Limit Line, the inter-Korean sea border.

The North contended that the drills were conducted in its territorial waters as it does not recognize the NLL, which was drawn at the end of the 1950-53 Korean War by the U.S.-led U.N. Command. Pyongyang claims the border should be redrawn further south.

The South Korean military will mobilize K-9 self-propelled howitzers, 105mm towed artillery guns, Vulcan guns and 81mm mortars for the exercise, officials said. It has put its F-15K and KF-16 fighter jets on emergency standby.

Some 20 U.S. troops have already been deployed on Yeonpyeong Island to carry out medical, communications and intelligence missions during the exercise. Nine representatives from the U.N. Command Military Armistice Commission and UNC member states are also set to observe the exercise.

On Friday, the North’s military warned of military retaliation should the South go ahead with its planned drills. “Second and third self-defensive blows that cannot be predicted will be dealt,” it said in a statement carried by the official Korean Central News Agency.

On Saturday, North Korea’s Committee for the Peaceful Reunification of the Fatherland said in a statement, “There is no guarantee that the reckless warfare exercise will not lead to an actual war.”

The Seoul government has notified China, Japan, the U.S. and Russia of the exercise plan.

The planned drill appears to have sparked a diplomatic battle among regional powers. While the U.S. and Japan extended support for the exercise, China and Russia called in South Korean envoys stationed in their countries to express their concern over it.

Chinese Vice Foreign Minister Zhang Zhijun has expressed his concern, saying his country considers the peninsular situation “extremely precarious, highly complicated and sensitive,” according to the official Xinhua news agency.

On Friday, Zhang called in Ryu Woo-ik, South Korean ambassador to China, to express opposition to the exercise. The Russian foreign ministry also summoned South Korean and U.S. ambassadors ¯ Lee Youn-ho and John Beyrle ¯ to express its concern.

In a statement online Saturday, the Russian foreign ministry expressed “extreme concern” and urged all countries involved to exercise “maximum restraint and moderation.”

At the request of Russia, the U.N. Security Council was set to convene an emergency session Monday, Korean time, to discuss the security situation on the Korean Peninsula.

Russia initially wanted the session to be held Saturday. But the session was delayed as representatives from other U.N. Security Council members said they needed time to consult with their home countries.

Ahead of the exercise, the Unification Ministry has checked security measures for South Koreans remaining in the Geumgang mountain resort and the Gaeseong Industrial Park in North Korea. Some 310 South Koreans are currently in the two locations.


The ministry has instructed government officials in charge of the two areas in the North to strengthen measures to secure the safety of South Koreans there.

Rival political parties were sharply split over the planned drills.

The ruling Grand National Party called for “strict and strong” retaliation while the main opposition Democratic Party called for a delay in the exercise, saying that it was time for all to work toward peace rather than further ratcheting up tensions on the peninsula.

By Song Sang-ho (sshluck@heraldm.com)




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From : Dilip Nilekar at 08:57 PM - Dec 19, 2010 ( )


Hi Radhakrishnan,

Will it affect stock mkt globaly ?

regards

dilip Nilekar





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From : Radhakrishnan M at 08:43 PM - Dec 19, 2010 ( )


North Korea says it will take action against South
North Korea Times
Saturday 18th December, 2010  

North Korea has once again warned South Korea not to go ahead with a planned live-fire artillery exercise on a border island.

Suggesting there could be an explosive situation if the exercise takes place, the official news agency in North Korea accused the US of being part of a shield to the South for the planned exercise.

The news agency said the US Department of State had placed Americans and foreign reporters on the island of Yeonpyeong in order to provide a "human shield."

It warned the upcoming exercise would violate the North's waters and make it impossible to prevent the situation on the Korean peninsula from exploding into disaster.

Last month North Korea bombed Yeonpyeong island after a similar exercise by the South.

It has now threatened another deadly attack to follow the one-day drill, which is most likely to happen between December 18th and 21st.

The North's bombardment of the island killed two marines and two civilians.

It also damaged dozens of homes.




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