North Korea's Nuclear Weapons Development and Diplomacy [Updated January 21, 2008] [open pdf - 125KB]
"This report discusses the most recent developments in the North Korean nuclear weapon program, the February 2007 agreement on disarmament, and overviews of the North Korean nuclear weapon programs including plutonium, high enriched uranium, and delivery systems. From the report: "The six parties to the North Korean nuclear negotiations concluded an agreement on February 13, 2007, that specifies two Phases of implementation. The phases provided for a freeze of North Korean nuclear installations at the Yongbyon site, a subsequent disablement of all North Korean nuclear facilities, and a North Korean declaration of 'all nuclear programs.' The Agreement also establishes working groups of the six parties on subjects such as U.S.-North Korean normalization of relations, denuclearization of the Korean peninsula, energy and economic cooperation, Japan-North Korea normalization of relations, and a North Korean peace and security mechanism. The Six Party Agreement was negotiated following a North Korean nuclear test in October 2006, the imposition of sanctions against North Korea by the United Nations Security Council, and mounting congressional criticism of Administration policy. The implementation of the Initial Phase of the Agreement, which had a 60-day deadline, was delayed until the Bush Administration acceded to North Korean demands for access to foreign banks to deposit $25 million from frozen accounts at the Banco Delta in Macau -- the object of U.S. financial sanctions since September 2005 because of Banco Delta's involvement in North Korean criminal counterfeiting. Following the release of the funds, North Korea shut down its operational nuclear reactor and plutonium reprocessing plant. Negotiations between North Korean and U.S. diplomats produced a deal for implementation of Phase Two of the February 2007 agreement that was alluded to in a six party statement of October 3, 2007."
CRS Report for Congress, RL33590