Lee says N. Korea has arms to sustain regime, vows to cut risks

President Lee Jae Myung said Thursday that North Korea appears to have secured enough nuclear arms to sustain its regime, with its intercontinental ballistic missile (ICBM) development efforts in the final stages, but he stressed South Korea’s “overwhelming” military strength and its plan to bolster defense spending. Speaking to global investors at the New York Stock Exchange, Lee sought to reassure them, vowing to reduce security risks on the Korean Peninsula and reinforce investor confidence, as he noted that South Korea’s stock market has been “undervalued” despite its elevated economic and military stature. “North Korea seems to have secured sufficient nuclear weapons needed to maintain its regime, with only atmospheric reentry technology remaining (for Pyongyang to complete) the development of nuclear-tipped ICBMs capable of reaching the continental U.S.,” Lee said at the event, called the “Korea Investment Summit.” If unchecked, Pyongyang would add 15-20 nuclear bombs to its nuclear arsenal each year, he warned. “What’s worrisome is that there is a high possibility that North Korea

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