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Great Seal Secretary of State Madeleine K. Albright
Statement on "North Korea: Four Party Peace Talks"
Hong Kong, June 30, 1997
As released by the Office of the Spokesman in Hong Kong
U.S. Department of State

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The Democratic People's Republic of Korea today accepted the proposal by the United States and the Republic of Korea for Four Party peace negotiations. We welcome the DPRK's commitment to participate in this historic process.
Presidents Clinton and Kim Young Sam first proposed these peace negotiations at their summit on Cheju Island in the Republic of Korea on April 16, 1996. The purpose of the Four Party talks is to reduce tensions and build confidence on the Korean Peninsula with the aim of putting a formal end to the hostilities of the Korean War. The successful conclusion of a peace agreement would bring lasting peace and stability to the Korean Peninsula and contribute greatly to the peace and stability of the entire region.
The three delegations agreed that the four parties involved--the Democratic People's Republic of Korea, the Republic of Korea, the People's Republic of China, and the United States--will meet for preparatory talks on August 5 in New York. At that meeting, the four parties will decide the date, venue, agenda, and procedures for the formal start of Four Party peace talks.

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