Forex-Rates:

UPDATE 1 North Korea calls Seoul nuclear summit a childish farce

Posted on: Wed February 22, 2012

SEOUL, Feb 22 (Reuters)  Isolationist North Korea

lashed out at its neighbour on Wednesday for hosting an

international nuclear security summit in Seoul next month,

calling it a "childish farce" and an "intolerable grave

provocation".

The South has said Pyongyang can send a delegate to the

conference involving some 50 world leaders, including U.S.

President Barack Obama, but insists the invitation is

conditional on it renouncing its own nuclear programme.

The two Koreas are still technically at war, having signed

only a truce to end their 1950-53 civil conflict, not a peace

treaty, and the United States has some 28,000 troops based in

the South.

"It is astonishing that a meeting dealing with the issue of

nuclear security is to be convened in south Korea, a nuclear

advance base for the U.S. and the world\'s largest nuclear powder

magazine," KCNA state news agency quoted an official statement

as saying.

Courtesy: chicagotribune