By: Steve Dellar | 06-05-2018 | News
Photo credit: Fullerton Hotel and Twitter @mothershipsg

Singapore Summit - NOKO Looking For “Discreet Way To Help Pay” Kim’s Bill

As far as historic summits with any of North Korea’s leaders go, history is against the Kim regime paying for the bill.

Famously, when Kim Jong-un's father agreed to a Seoul summit with former South Korean President Kim Dae-Jung back in 2000 (something for which the latter received the Nobel Peace Prize), it was only about 6 months later when the South Korean budget was published that the Seoul government had been forced to pay $500 million just for the North Koreans to show up.

As from that moment, the Kim family understood Seoul would pay for them to show up.

And indeed, for the North to be present at the Asian Games in Busan in 2002, it gave about $1.3 million, followed by $836,000 for a Universiade in 2003 and another $385,000 for the Asian Games in 2014.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">For his Singapore trip Kim Jong-un wants to stay in the Fullerton Hotel, where the presidential suite costs $6,000 a night. The question of who pays created a diplomatic problem <a href=""></a></p>&mdash; The Times of London (@thetimes) <a href="">June 4, 2018</a></blockquote>

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Earlier this year, when the whole world was delighted that the North Koreans were sending athletes to the Winter Games in South Korea, they weren’t told immediately that Seoul had agreed to pay $2.5 million to cover the costs of the more 400 North Koreans, only 22 of whom were athletes.

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Of course, given the size of the South Korean economy and its stellar growth, those amounts meant nearly nothing, but it is somewhat telling that the North might just expect the Trump administration to pay for the costs this time around as well.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">North Korea has money for nuclear tests, but can&#39;t pay for Kim Jong Un&#39;s stay in Singapore? <a href=";ref_src=twsrc%5Etfw">#KimJongUn</a> <a href=";ref_src=twsrc%5Etfw">#Singapore</a> <a href=""></a></p>&mdash; Vanilla Sharma (@TheShoeHound) <a href="">June 5, 2018</a></blockquote>

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It is understood that Mr. Kim Jung-Un would like to stay at the Fullerton Hotel in Singapore for the summit meeting with the US, where a presidential suite costs about $6,000 per night. Meanwhile, US President Donald Trump will normally be staying at the Shangri-La.

Reportedly, the US is open to covering the costs for the Kim family and for the organization of the event, but given that this would create a political backlash back home, it has asked Singapore to pay for the North Korean delegation’s bill first. Whether an arrangement would be made for those costs to be recuperated afterward remains a well-kept secret.

The Goldwater, who are sending reporters to the Singapore summit, will keep you updated.


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