The International Atomic Energy Agency (IAEA) has urged North Korea to abandon its clandestine nuclear program and allow U.N. inspectors to return to its nuclear facilities.
A unanimous resolution adopted at its annual general conference in Vienna on Friday described as "serious problems" the North's uranium enrichment and the construction of a light water nuclear reactor.
The resolution, proposed by several countries, follows the release of an IAEA report last month that expressed concern over North Korea's nuclear ambitions. It also took serious note of the North's declaration that it is a nuclear power and announcement that it would strengthen its nuclear deterrent.
The resolution urged the Communist State to immediately abandon its nuclear program adhering to U.N. Security Council resolutions and allow U.N. inspectors to resume monitoring its nuclear facilities at Nyongbyon.
North Korea expelled IAEA inspectors three years ago. In March, the U.N. nuclear watchdog and North Korea opened talks to monitor and temporarily freeze uranium enrichment. But the talks stalled after North Korea's launch of what it called a satellite-carrying rocket in April.
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Political News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.