North Korea says American offer is laughable

North Korea dismissed as laughable a US offer to provide multilateral security guarantees in exchange for Pyongyang ending its…

North Korea dismissed as laughable a US offer to provide multilateral security guarantees in exchange for Pyongyang ending its nuclear weapons programme, saying it was not worth even considering.

In a commentary published last night, the communist North's official KCNA news agency said Pyongyang wanted a bilateral treaty with the United States - a reference to its desire for a non-aggression pact that Washington has ruled out.

During a Bangkok summit of Asia-Pacific leaders that ended yesterday, US President George W. Bush significantly shifted policy by saying he was sharing ideas on how to give North Korea security guarantees short of a non-aggression treaty. All 20 other summit leaders backed this stance.

North Korea was not present because it is not a member of the Asia-Pacific Economic Co-operation (APEC) forum. But it lost little time in shooting down the idea and taking some shine off the summit.

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"We have asked for the United States to stop its hostile policy and a bilateral treaty between North Korea and the United States, and not for some sort of security guarantee," said KCNA in a Korean-language commentary.

"It's laughable and doesn't deserve even any consideration that the United States gives a security guarantee on the condition that we drop our nuclear development."