The Agreement
The main provisions of the agreement were:
- DPRK's graphite-moderated 5MWe nuclear reactor, and the 50 MWe and 200 MWe reactors under construction, which could easily produce weapons grade plutonium, would be replaced with two 1000MW light water reactors (LWR) power plants by a target date of 2003.
- Oil for heating and electricity production would be provided while DPRK's reactors were shut down and construction halted, until completion of the first LWR power unit. The amount of oil was 500,000 tons of heavy fuel oil per year.
- The two sides would move toward full normalization of political and economic relations.
- The U.S. would provide formal assurances to the DPRK, against the threat or use of nuclear weapons by the U.S.
- The DPRK would take steps to implement the 1992 Joint Declaration on the Denuclearization of the Korean Peninsula.
- The DPRK would remain a party to the Nuclear Non-Proliferation Treaty.
- IAEA ad hoc and routine inspections would resume for facilities not subject to the freeze.
- Existing spent nuclear fuel stocks would be stored and ultimately disposed of without reprocessing in the DPRK.
- Before delivery of key LWR nuclear components, the DPRK would come into full compliance with its safeguards agreement with the IAEA.
There were also some confidential minutes supporting the agreement, which have not been made public. These are reported to include that full-scope IAEA safeguards would be applied when the major non-nuclear components of the first LWR unit were completed but before the delivery of key nuclear components.
The pact was neither a treaty subject to Senate approval nor a legally binding executive agreement, but a non-binding political commitment between the two countries noted by the United Nations Security Council. It was signed in the wake of North Korea's 90-day advance notification of its intended withdrawal from the Nuclear Non-Proliferation Treaty (which North Korea "suspended" after 89 days), a U.S. military buildup near the country, and U.S. plans to bomb the active Yongbyon nuclear reactor.
The U.S. regarded the Agreed Framework primarily a non-proliferation agreement, whereas North Korea placed greater value on measures normalizing relations with the U.S.
Terms of the pact and consequent agreements included the shutdown of the pilot Yongbyon nuclear reactor, abandoning the construction of two larger nuclear power plants, and the canning and sealing, under IAEA monitoring, of spent fuel that could have been reprocessed to create plutonium for a nuclear weapon. In exchange two light water reactors would be constructed in North Korea by 2003 at a cost of $4 billion, primarily supplied by South Korea. In the interim, North Korea would be supplied with 500,000 tons of heavy fuel oil annually, at no cost, to make up for lost energy production. North Korea was required to come into full compliance with its IAEA safeguards agreement, allowing the IAEA to verify the correctness and completeness of its initial declaration, before key nuclear components of the reactor would be delivered. When the LWR plants were completed, North Korea would dismantle its other nuclear reactors and associated facilities.
The Korean Peninsula Energy Development Organization (KEDO) is a consortium of the United States, South Korea, Japan, and various other states that is responsible for implementing the energy-related parts of the agreement. North Korea would repay KEDO over a 20-year interest-free period after the completion of each LWR plant.
It was reported that US President Bill Clinton's officials agreed to the plan only because they thought that the North Korean government would collapse before the nuclear power project was completed as North Korea's leader Kim Il-sung had recently died. North Korean officials at the time also suspected the U.S. anticipated an early collapse of the DPRK.
Read more about this topic: Agreed Framework
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