East Asian nations finally give voice to concerns over South China Sea

East Asian nations finally give voice to concerns over South China Sea

U.S. Secretary of State Rex Tillerson says the best signal North Korea could give that it's prepared for negotiations with the U.S. would be to halt its missile launches.

But Tillerson appeared more conciliatory on Monday.

Tillerson says talks could resume if the tests cease.

Early Tuesday, Trump shared a Tweet from Fox & Friends reporting that a U.S. Spy satellite photographed North Korea moving several anti-ship cruise missiles to a patrol boat. He's not specifying what those are. The question now is what will the US, South Korea and others in the region accept from North Korea in return for restoring coal, iron, lead and seafood exports and allowing more North Koreans to work overseas?

Mr Tillerson, who held separate talks in Manila with foreign ministers Wang Yi of China and Sergei Lavrov of Russian Federation on Sunday, also sought to emphasise a united stance against the North.

Southeast Asian leaders also called upon the two countries to maintain "peace, security, and stability" by pushing for denuclearization of the Korean Peninsula. And the White House says they committed to fully implement all relevant resolutions and to urge the worldwide community to do so as well.

"(The sanctions are a ) violent infringement of its sovereignty" that was caused by a "heinous USA plot to isolate and stifle" the country.

Mr Tillerson has no plans to sit down with North Korean foreign minister Ri Yong Ho at the event.

"We made it clear the launch of the recent intercontinental ballistic rocket was meant to send a warning to the United States", the council said.

Representing the United States at the dinner was Susan Thornton - acting assistant secretary of State for East Asia and Pacific Affairs. He also said any dialogue would deal with how North Korea can "feel secure and prosper economically".

Ri was spotted at the gala smiling and toasting with the other foreign ministers.

Cayetano told reporters Monday foreign ministers and key partners will likely discuss North Korea's missile tests in the ASEAN Regional Forum (ARF).

Political tensions continue to weigh on world stocks
Significant strength was also visible among software stocks, as reflected by the 1.2% gain posted by the Dow Jones Software Index. Avis Budget Group slumped 9.9 percent after the auto rental company cut its guidance following a weak second quarter.

China is the North's economic lifeline.

Pyongyang's top envoy has so far avoided the media in Manila.

The North said it will take an "action of justice", without elaborating.

It prohibits all new joint ventures with North Korea, bans new investment in current joint companies and adds nine North Korean officials and four entities including the North's main foreign exchange bank to the United Nations sanctions blacklist.

Indeed, it's fair to wonder if China isn't the biggest victor in the United Nations sanctions decision.

While Washington's next steps are not clear, it looks increasingly likely that the two decades long USA policy of "strategic patience" towards Pyongyang may now be over.

Consent from China and Russian Federation is crucial as they are two of the five permanent veto-wielding members of the council.

"Owing to China's traditional economic ties with North Korea, it will mainly be China paying the price for implementing the resolution", a Foreign Ministry statement cited Mr Wang as saying.

Sources familiar with Japan-U.S. relations said earlier that the two governments were arranging to hold the so-called two-plus-two security meeting around August 17 in Washington.

"Do not violate the U.N.'s decision or provoke worldwide society's goodwill by conducting missile launching or nuclear tests", Wang said he told North Korea's Ri.

The latest resolution is the eighth adopted by the Security Council since 2006 in response to North Korea's five nuclear tests and long-range missile launches.

The ministry said that most of the participants in the forum shared their resolute opposition to the North possessing nuclear weapons, while joining South Korea's condemnation against its provocations and urging its regime to comply with UNSC resolutions.

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