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North Korea nuclear talks break down. Associated Press. Published Thursday, March 22, 2007 2:48PM EDT. BEIJING - Negotiations on halting North Korea's nuclear program broke down abruptly Thursday, with the country's chief envoy to the talks flying home after a dispute over money frozen in a Macau bank could not be resolved.
The collapse of the Eastern Bloc from 1989 to 1991, particularly North Korea's principal source of support, the Soviet Union, forced the North Korean economy to realign its foreign economic relations, including increased economic exchanges with South Korea.