Railways are path to North Korea peace: S Korea’s Moon

Bloomberg

South Korean President Moon Jae-in proposed setting up an “East Asian Railroad Community” that includes the US and North Korea as he seeks to tamp down rising tensions between the two adversaries.
Moon said in an address on Wednesday that the new economic community would connect his country’s railroads to those of other northeast Asian nations. He compared the group to the coal and steel community that helped pave the way for the European Union.
“The community will expand the horizon of the Korean economy to the northern part of the continent and become the main artery of mutual prosperity in Northeast Asia,” Moon said, adding that the group could lead to similar energy and economic groupings. “It will initiate a Northeast Asian multilateral peace and security system.”
Moon has championed efforts to bring peace to the Korean Peninsula since taking office last year, and played a crucial role in bringing Kim and US President Donald Trump together for their historic first summit in June. Since then, little progress has been made in getting North Korea to commit to a specific timetable to give up its nuclear weapons.
Kim’s regime has advocated a phased approach in which the US would grant North Korea a peace deal and other security guarantees in concert with its own disarmament steps.