Top U.S. nuclear envoy visits N Korea

Top U.S. nuclear envoy Christopher Hill is travelling to North Korea ahead of the expected resumption of negotiations on halting Pyongyang's nuclear weapons programme.

The trip by Christopher Hill follows the resolution this week of a banking dispute that has held up negotiations for months. $US 25 MLN of frozen funds – belonging to North Korea -  have been transferred from the Delta Asia bank in Macau to Russia's Central Bank on Monday.

North Korea has promised to shut down its nuclear facilities in Yongbyon when it receives the funds.

Pyongyang also extended an invitation to IAEA nuclear monitors who are expected to visit next week.