President Lee Points to 2000 Summit as Providing an “Ember of Hope” to Restart Dialogue with North Korea

The June 2000 summit was bought and paid for by the Korean government via Hyundai in what became known as the Cash for Summit Scandal. At the time North Korea was desperate for cash and agreed to the summit. This is not the case now since the Kim regime is having their cash and resource needs met currently by the Russians and thus have no incentive to cut a deal with the South Koreans:

President Lee Jae Myung (L) attends a special Mass at the Basilica of Saint Paul Outside the Walls in Rome, celebrated by Cardinal Lazzaro You Heung-sik (R) on June 14, 2026. (Yonhap)

President Lee Jae Myung said Sunday he believes the “ember of hope” for reviving dialogue and cooperation with North Korea still exists, reaffirming his commitment to making the utmost efforts to establish peace with Pyongyang. (……)

Lee referred to the inter-Korean joint statement adopted June 15, 2000, calling it a “historic turning point” that, he said, signaled the possibility of overcoming inter-Korean tensions and opening up dialogue and cooperation. 

The president noted the first inter-Korean joint statement had led to reunions of families separated by the 1950-53 Korean War, as well as humanitarian cooperation and other exchanges, opening the door to new hopes for building peace on the Korean Peninsula.

Yonhap

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