“President Donald Trump and North Korean leader Kim Jong Un signed an agreement at the conclusion of Tuesday’s historic summit,” stated CNBC.
The summit in Singapore has been front-page news, as well as a cable and media headline globally.
Reuters says POTUS Trump told Kim they will have a “terrific relationship.”
“Nice to meet you Mister President,” Kim said alongside Trump, with a backdrop of North Korean and U.S. flags, per Reuters.
The meeting was hailed by former NBA Star Dennis Rodman, which will be reviewed further below, along with part of the White House pressroom statement to MHProNews, plus potential manufactured housing industry market analysis, and impacts.
Here’s what the joint U.S. North Korean leadership statement says, according to a photo of Trump’s signed document, per CNBC.
—- Start of Joint Singapore Summit U.S. North Korean Statement —-
Joint Statement of President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the Democratic People’s Republic of Korea at the Singapore Summit
President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea (DPRK) held a first, historic summit in Singapore on June 12, 2018.
President Trump and Chairman Kim Jong Un conducted a comprehensive, in-depth, and sincere exchange of opinions on the issues related to the establishment of new U.S.-DPRK relations and the building of a lasting and robust peace regime on the Korean Peninsula. President Trump committed to provide security guarantees to the DPRK, and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.
Convinced that the establishment of new U.S.-DPRK relations will contribute to the peace and prosperity of the Korean Peninsula and of the world, and recognizing that mutual confidence building can promote the denuclearization of the Korean Peninsula, President Trump and Chairman Kim Jong Un state the following:
- The United States and the DPRK commit to establish new U.S.-DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.
- The United States and the DPRK will join their efforts to build a lasting and stable peace regime on the Korean Peninsula.
- Reaffirming the April 27, 2018 Panmunjom Declaration, the DPRK commits to work toward complete denuclearization of the Korean Peninsula.
- The United States and the DPRK commit to recovering POW/MIA remains, including the immediate repatriation of those already identified.
Having acknowledged that the U.S.-DPRK summit — the first in history — was an epochal event of great significance in overcoming decades of tensions and hostilities between the two countries and for the opening up of a new future, President Trump and Chairman Kim Jong Un commit to implement the stipulations in this joint statement fully and expeditiously. The United States and the DPRK commit to hold follow-on negotiations, led by the U.S. Secretary of State, Mike Pompeo, and a relevant high-level DPRK official, at the earliest possible date, to implement the outcomes of the U.S.-DPRK summit.
President Donald J Trump of the United States of America and Chairman Kim Jong Un of the State Affairs Commission of the Democratic People’s Republic of Korea have committed to cooperate for the development of new U.S.-DPRK relations and for the promotion of peace, prosperity, and security of the Korean Peninsula and of the world.
—- End of Joint Trump-Kim statement. —-
Note that the document is not a treaty, which would require ratification by the U.S. Senate. Rather, it is a statement of mutual intentions. There is much work still to be done, as the White House’s statement to MHProNews admits.
That said, the meetings went smoothly and swiftly, which reflects careful planning.
That’s a bold contrast to the claims of chaos that some in the media have mischaracterized these hopeful developments. Prayers from around the world were reported from a variety of leaders.
Rephrased, the event lays waste to the narrative of many of the ‘destroy Trump’ voices in the media.
The White House press room tells the Daily Business News on MHProNews that “Secretary of State Mike Pompeo [is] ‘Optimistic’ Donald Trump-Kim Jong Un Summit Will Set [the] ‘Framework’ for Denuclearization.”
“North Korea…has [previously] shown little appetite for surrendering nuclear weapons it considers vital to the survival of Kim’s dynastic rule. Sanctions on North Korea would remain in place until that happened, [Secretary of State Mike] Pompeo said on Monday. “If diplomacy does not move in the right direction … those measures will increase,” according to Reuters.
Secretary Pompeo added: “North Korea has previously confirmed to us its willingness to denuclearise and we are eager to see if those words prove sincere,” stated Reuters.
Fox stated that “In a dramatic interview with CNN’s Chris Cuomo that quickly became emotionally charged, Rodman, wearing a red “Make America Great Again” hat, blasted former President Barack Obama for not taking the North Korean leader seriously.”
Former NBA Star Rodman, Former POTUS Obama, Race and POTUS Trump
Five years ago, Dennis Rodman said that the North Korean leader Kim Jung Un told him “certain things” to relay to then President Obama concerning potential negotiations. But the former president “didn’t even give me the time of day — he just brushed me off, but that didn’t deter me,” the former National Basketball Association (NBA) star player said, after admitting he was “naive” when he first visited the rogue state.
The emotionally charged Rodman recounted blowback and death threats here in the U.S. after he returned from that prior meeting with Kim. Rodman has made several good will trips to North Korea, that in hindsight may have proven to be useful.
Rodman says he wants to help bring sports to the long-isolated North Korean state.
MH Markets Potential?
As Daily Business News evening market watch readers know, investors and markets crave stability and certainly.
A variety of geo-political, domestic economic, and politically oriented news items have periodically roiled the U.S. markets for months. That’s been true, even though the fundamentals of the markets have been strong, business confidence high, and consumer confidence are at record levels.
With jobs roaring back, and the first serious increase in take-home pay and wage growth in years, the “it’s the economy, stupid” advice of longtime Clinton adviser James Carville ought to apply.
As a series of serious signals from cultural figures such as Rodman, Kanye West, Kim Kardashian, and others who are praising the 45th president, can only prove useful for POTUS Trump and his political allies as the midterms approach.
That could in turn translate into more policy progress for the manufactured housing industry. That’s “News Through the Lens of Factory Built Housing.” © Stay tuned. Sign up for our industry-leading emailed headline news, from the link here or below. ## (News, analysis, commentary.)
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