THAAD jeopardizes regional strategic balance: Xi

News Image

MG News | July 03, 2017 at 06:10 PM GMT+05:00

0:00

The U.S. deployment of an advanced anti-missile system in South Korea gravely harms the strategic security interests of China, Russia and other countries in the region, Chinese President Xi Jinping has said.

In an interview with Russian media published Monday, Xi pointed out that the Terminal High Altitude Area Defense (THAAD) installation jeopardizes the strategic balance in the region and is unhelpful to denuclearizing the Korean Peninsula and maintaining regional peace and stability.

China and Russia have kept close communication and coordination at various levels on the issue, and hold very similar views on its essence and damage, said Xi, whose country has unequivocally rejected the move.

He added that Beijing and Moscow are steadfastly opposed to the THAAD deployment and seriously suggest that relevant countries stop and cancel the installation.

The two countries, he said, will take necessary measures, jointly or individually, to safeguard their national security interests and the regional strategic balance.

On the Korean Peninsula issue, Xi said his country is committed to denuclearizing the peninsula, safeguarding its peace and stability, and settling the question through dialogue and consultation.

To solve the long-standing and complicated issue, China has proposed a dual-track approach of advancing denuclearization and establishing a peace mechanism in parallel.

Meanwhile, Beijing has also put forward a suspension-for-suspension proposal that requires Pyongyang to suspend its nuclear and missile activities in exchange for the suspension of large-scale U.S.-South Korean military exercises.

Russia has explicitly voiced understanding and support of China's proposals, and more positive responses are coming from the international community, Xi said.

China, he added, hopes that other parties involved in the Korean Peninsula issue will join China and Russia's push for talks, take up their respective responsibilities, and place the issue on the right track of dialogue and consultation toward a negotiated settlement as soon as possible.

Xi travels to Moscow on Monday for a state visit to Russia, which is to be followed by one to Germany, where he will attend the upcoming summit of the Group of 20 major economies.

Related News

Name Price/Vol %Chg/NChg
KSE100 153,866.17
113.04M
-0.36%
-555.27
ALLSHR 92,322.41
289.91M
-0.18%
-165.37
KSE30 47,054.02
67.50M
-0.57%
-268.71
KMI30 220,139.18
52.42M
-0.81%
-1787.82
KMIALLSHR 59,630.44
114.87M
-0.43%
-258.98
BKTi 44,089.65
23.49M
-0.09%
-38.05
OGTi 31,668.31
6.28M
-0.15%
-47.11
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,685.00 72,250.00
70,200.00
1040.00
1.47%
BRENT CRUDE 101.49 101.92
99.51
1.03
1.03%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.80
-9.80%
ROTTERDAM COAL MONTHLY 124.50 0.00
0.00
0.70
0.57%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 96.65 98.09
94.52
0.92
0.96%
SUGAR #11 WORLD 14.43 14.49
14.12
0.18
1.26%

Chart of the Day


Latest News
March 13, 2026 at 12:42 PM GMT+05:00

Gold price in Pakistan falls Rs7,100 per tola


March 13, 2026 at 12:37 PM GMT+05:00

Gold retreats amid oil surge


March 13, 2026 at 12:28 PM GMT+05:00

SECP launches new retirement annuity schemes


March 13, 2026 at 12:10 PM GMT+05:00

Textile exports drop to $1.3bn in Feb 2026


March 13, 2026 at 11:54 AM GMT+05:00

Wahdat Poultry hatches Rs637m IPO plan



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg