1. The DPRK is prepared to replace its graphite-moderated reactors and related facilities with light water reactor (LWR) power plants, and the USA is prepared to make arrangements for interim energy alternatives to the DPRK's graphite-moderated reactors. Upon receipt of USA assurances for the provision of LWRs and for arrangements for interim energy alternatives, the DPRK will freeze construction of the 50-megawatt (e) and 200-megawatt (e) reactors, forego reprocessing, and seal the Radiochemical Laboratory, to be monitored by the International Atomic Energy Agency (IAEA).
2. The DPRK and the USA are prepared to establish diplomatic representation in each other's capitals and to reduce barriers to trade and investment, as a move toward full normalization of political and economic relations.
3. To help achieve peace and security on a nuclear-free Korean Peninsula, the USA is prepared to provide the DPRK with assurances against the threat or use of nuclear weapons by the USA, and the DPRK remains prepared to implement the North-South Joint Declaration on the Denuclearization of the Korean Peninsula.
4. The DPRK is prepared to remain a party to the Treaty on the Non-Proliferation of Nuclear Weapons and to allow implementation of its safeguards agreement under the Treaty.
