HANOI, Vietnam — President Donald Trump says his intentions in meeting with North Korean President Kim Jong Un are denuclearization and to make North Korea an 'economic powerhouse.'
The president enthusiastically waved a tiny Vietnamese flag Wednesday as he sought to convince North Korea's Kim Jong Un that his nation could thrive economically like Vietnam if he would end his pursuit of nuclear weapons.
"We'll see what happens, but he wants to do something great," Trump said, adding that Kim could use Vietnam as a model for economic revitalization. "If you look at what you've done in a short time, he can do it in a very, very rapid time — make North Korea into a great economic power."
He tweeted earlier Wednesday: "Vietnam is thriving like few places on earth. North Korea would be the same, and very quickly, if it would denuclearize. The potential is AWESOME, a great opportunity, like almost none other in history, for my friend Kim Jong Un. We will know fairly soon - Very Interesting!"
Anticipation for what could come out of the summit ran high in Hanoi. But the carnival-like atmosphere in the Vietnamese capital, with street artists painting likenesses of the leaders and vendors hawking T-shirts emblazoned with their faces, stood in contrast to the serious items on the agenda: North Korea's pursuit of nuclear weapons and peace on the Korean Peninsula.
"We have a very big meeting planned tonight as you know, with North Korea, Chairman Kim, and I think it may very well turn out to be very successful," Trump told the top leaders of Vietnam.
Before meeting with Kim, the U.S. and Vietnam signed several trade deals, including agreements to sell the booming Southeast Asian country 110 Boeing planes worth billions of dollars. Boeing signed agreements with VietJet for 100 737 MAX planes and with Bamboo Airways for 10 787 Dreamliners. Sabre, a U.S.-based aviation technology company, also inked a deal with Vietnam Airlines.
Kim remained at his hotel while North Korean officials toured Vietnam's scenic Halong Bay and a nearby industrial site. South Korean TV showed a group of officials, including Ri Su Yong, vice chairman of the party's central committee, taking a cruise along the bay and visiting factories in the port city of Hai Phong.
The group also reportedly included O Su Yong, director of economic affairs at North Korea's ruling Workers' Party of Korea. Experts say O's inclusion in the delegation indicated that Kim expects to return home with economic rewards, including partial sanctions relief. North and South Korea also want sanctions dialed back so they can resurrect two major symbols of rapprochement that provided much-needed hard currency to North Korea: a jointly run factory park in Kaesong and South Korean tours to the North's scenic Diamond Mountain resort.
Trump said he hoped for "great things" from his second meeting with Kim, which was beginning later Wednesday with a one-on-one chat and a social dinner. Trump was being joined at dinner by U.S. Secretary of State Mike Pompeo and acting White House chief of staff Mick Mulvaney. Kim was being accompanied by Kim Yong Chol, who has been a key negotiator in talks with the U.S., and Ri Yong Ho, the foreign affairs minister. Interpreters for each side were also attending.
There's growing worry among experts, however, that Trump will give Kim too much and get too little in return — a peace declaration for the Korean War that the North could use to eventually push for the reduction of U.S. troops in South Korea, for example, or sanctions relief that could allow Pyongyang to restart the lucrative economic projects with the South. Skeptics insist Trump must first get real progress on the North abandoning its nuclear weapons before giving away important negotiating leverage too soon.
The leaders first met last June in Singapore, a summit that was long on historic pageantry but short on any enforceable agreements for North Korea to give up its nuclear arsenal. North Korea has spent decades, at great economic sacrifice, building its nuclear program, and there is widespread skepticism that it will give away that program without getting something substantial from the U.S.
That could be a declaration to end the Korean War. Such an announcement would allow Trump to make history and would dovetail with his opposition to "forever wars." But it wouldn't amount to concrete steps toward denuclearization and could even turn the focus of discussions to removing or reducing the 28,500 U.S. troops stationed in South Korea. If there is no war, North Korea could ask why the U.S. needs to have troops in South Korea at all.
The conflict ended in 1953 with an armistice, essentially a cease-fire signed by North Korea, China and the 17-nation, U.S.-led United Nations Command. If made, the declaration would amount to a political statement, ostensibly teeing up talks for a formal peace treaty that would involve other nations.