👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

IOC determined to see North Korea take part in Winter Games

Published 10/07/2017, 13:55
Updated 10/07/2017, 14:00
© Reuters. International Olympic Committee news conference in Lausanne

By Brian Homewood

LAUSANNE, Switzerland (Reuters) - The International Olympic Committee said on Monday it is working hard to make sure North Korea takes part in next year's Winter Olympics in neighbouring South Korea, despite political tensions in the region.

A leading North Korean sports official said recently it was too late to accept an offer from the South to form a unified team to take part in Pyeongchang in February. But the IOC said it still wanted the North to sent its own team to the games.

"What is important for the IOC and the games is the participation and we are working very hard on the participation of athletes from North Korea," IOC spokesman Mark Adams told reporters.

"(We are) identifying the athletes who could possibly take part and we will do our best to make sure there is a participation of athletes from North Korea."

Last month, South Korean President Moon Jae-in proposed forming a unified Korean team for the Games.

However, North Korean International Olympic Committee (IOC) member Chang Ung ruled out the idea of a North-South team, telling the Dong-a Ilbo newspaper that it was an unrealistic objective in the current political climate.

North Korea has carried out repeated nuclear and missile tests.

Chang also ruled out the possibility of using venues in the North to co-host the Feb. 9-25 Winter Games and dismissed the notion that a unified team would help improve relations on the Korean Peninsula.

Moon took office on May 10, winning an election on a more moderate approach to North Korea and a promise to engage Pyongyang in dialogue.

North Korea is not regarded as a powerhouse in winter sports and has missed several editions of the Winter Games in the past.

On the hosting itself, the IOC said organisers were in a race against time to complete 11 hotels for housing stakeholders.

"It's a tight situation," said Christophe Dubi, the IOC's executive director for the Olympic Games. "There will be very close monitoring to make sure they are delivered."

© Reuters. International Olympic Committee news conference in Lausanne

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.