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After the North Korean nuclear emergency of 2002, the amount of US aid has decreased significantly, and US has sent almost no resources to KEDO since the organization’s executive board chosen to stop oil consignments to North Korea during November 2002. Probably, the decrease in assistance levels has dropped the already small influence US aid had put on North Korean attitude, mainly with respect to China’s as well as South Korea’s sustained support and improved trade. 1. Introduction United States as well as South Korea usually considers eventual political incorporation of the Koreas in an egalitarian government from the South as unavoidable.
Nonetheless, the type of association, that is, by North Korean failure or ongoing incorporation of the North and South, is still the issue of deep political argument and inconsistency between concerned groups, who take account of South and North Korea, United States, Russia, China and Japan (Cha, p. 102). . North Korea's communist regime has governed a state-ruled financial system traditionally reliant on huge help from Russia as well as from China to carry on. In the same time, South Korea has grown into one of the world's most significant financial systems, utilizing “free enterprise” financial strategies as well as promoting a democratic regime.
From the 1990s, North and South Korea have owned two symbolic meetings and improved financial collaboration to some extent, although reunification still appears to be a comparatively ‘far-off’ objective, barring unanticipated proceedings. The American armed forces concentrated on managing surrender of Japan. “Little changed at first in the administration of the south; officials then serving under the Japanese authorities remained in their positions. The United States dismissed the Japanese governor general in the middle of September, but many Japanese officials stayed in office until 1946.
Those decisions angered many Koreans” (Kim et al, p. 192). From the year 1948 until the beginning of the Korean War in 1950, North Korean armed forces continually initiated clashes on the border. “On June 25, 1950, Kim Il-sung sprung his full military force, with the backing of the Soviet Union, against the South” (Kwak & Joo, p. 118) to initiate the Cold War's earliest combat. The United Nations, driven by the United States, rapidly arrived for South Korea's security. The Soviet Union provides support the war surreptitiously whereas Marxist China sent a large number of armed forces for North Korea.
The conflict fumed until July 27, 1953 when a peace agreement introduces a ceasefire that is still valid today. Economically,
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