U.S. President, Donald Trump, has told North Korea's Kim Jong-Un to abandon nuclear weapons and be rewarded with "protections" or risk being overthrown and possible death if the arsenal remains.
But he also warned him, giving two options - reach an agreement to denuclearize and remain in power or suffer the fate of Libyan leader Muammar Gaddafi, who was overthrown and murdered by rebels who were supported by a North Atlantic Treaty Organisation bombing campaign in 2011.
"He would be there, he would be running his country, his country would be very rich", Trump said.
The main opposition Liberty Korea Party claimed that North Korea is taking a political gambit to press the liberal Moon Jae-in government into persuading the United States to ease its tough stance on the North.
Cancellation of the summit, the first between U.S. and North Korean leaders, would deal a major blow to what could be the biggest diplomatic achievement of Trump's presidency, one his supporters have suggested would be worthy of a Nobel Peace Prize. "Now that model would take place if we don't make a deal, most likely", Trump said.
Mr Trump said the Libya model would only come into play if a deal could not be reached with North Korea.
Nam Gwan-pyo, a deputy director of the presidential National Security Office, told reporters that Moon will make an official visit to the United States at the invitation of Trump to hold a summit with the US president in Washington on Tuesday (Washington time).
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The minor opposition Bareunmirae Party said the North is seeking to take the initiative in negotiations over its nuclear weapons by driving the South into a corner. "We don't think that we are in a situation that can not be improved", Back Hye-ryun, a spokeswoman at the DP, said.
Trump told reporters that if the meeting with Kim happens then "it happens" and if not the United States will go on to the next step.
The current uncertainty comes at a time when Trump's withdrawal from the Iran nuclear deal has drawn criticism internationally and moving the USA embassy in Israel to Jerusalem has fuelled deadly violence on the Israel-Gaza border. "We just can't do it", he said. -South Korean military exercise.
Trump also suggested China was influencing North Korea's thinking regarding the summit, pointing to Kim's visit to China immediately before U.S. Secretary of State, Mike Pompeo visited Pyongyang last week to finalise the summit date and location.
In an interview with the Korean Central News Agency (KCNA) he said that "it will be hard to sit down face-to-face with representatives of the South Korean regime" until the settlement of the situation that led to the suspension of high-level inter-Korean talks.
North Korea's first vice minister of foreign affairs, Kim Kye-gwan, on Wednesday specifically criticised Mr Bolton's Libya comparison.