Washington, May 16: North Korea will never engage in economic trade with the United States in exchange for giving up its nuclear program, a media report stated on Wednesday. The statement comes in the wake of a recent announcement, made by the Ministry of Foreign Affairs of the Democratic People’s Republic of Korea, over dismantling of nuclear test ground.Also Read - Bengaluru Figures at 8th Position in Global List of Leading Tech Innovation Hubs

North Korea leader Kim Jong-un‘s decision to dismantle the Nuclear Test Site was also lauded by the United States President Donald Trump . “North Korea has announced that they will dismantle Nuclear Test Site this month, ahead of the big Summit Meeting on June 12th. Thank you, a very smart and gracious gesture,” he posted on Twitter. Also Read - US Eases Travel Restrictions on India Amid Dip in COVID Cases, Lowers Advisory to Level 3 | Here's What it Means

In a press release, North Korea had claimed that a ceremony for dismantling the nuclear test ground is scheduled between May 23 and 25, depending on weather condition. “In accordance with the decision of the Third Plenary Meeting of the Seventh Central Committee of the Workers’ Party of Korea, the Nuclear Weapon Institute and other concerned institutions are taking technical measures for dismantling the northern nuclear test ground of the DPRK in order to ensure transparency of discontinuance of the nuclear test,” the statement read. Also Read - The Penchant Endorsement of The Crisis of India by International Media

Earlier on May 10, the US President had announced that he will meet North Korean leader Kim Jong-un on June 12 in Singapore for a historic meeting to discuss the denuclearisation on the Korean Peninsula. “The highly anticipated meeting between Kim Jong Un and myself will take place in Singapore on June 12th. We will both try to make it a very special moment for World Peace!,” Trump tweeted.

The summit, which has been in the works since Trump accepted Kim’s invitation to meet in March, will be the first ever meeting between a sitting US president and North Korean leader.

On the other hand, North Korea may suspend high-level talks with Seoul in view of recent ‘provocative’ acts such as the South Korea-US joint military exercises, a news agency reported. Reportedly, it also said the US should think twice about the fate of the planned North Korea-US summit.