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TOKYO (AP) - North Korea has asked authorities in the Chinese territory of Macau to transfer its funds being held there to Russia and Italy, possibly clearing the way for Pyongyang to fulfill its nuclear disarmament obligations, Japanese media said Monday.
The North missed the April 14 deadline to shut down its main reactor, as agreed under a February deal with the U.S. and four other nations, citing a failure to release its funds at Macau-based Banco Delta Asia or BDA.
North Korea had made shutting down the reactor contingent on the release of the money, which was frozen after the U.S. blacklisted BDA, where the North had 52 accounts allegedly linked to money laundering and counterfeiting.
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