In 1994, former President Bill Clinton reached an agreement with North Korea that he believed would curb the the regime’s nuclear ambitions and keep the world safe.
The 1994 Agreed Framework stipulated that the U.S. provide oil, two water reactors and an electric grid — together worth $5 billion — in exchange for North Korea promising its regime would discontinue its pursuit of nuclear weapons.
“This is a good deal for the United States,” Clinton said in 1994. “North Korea will freeze and then dismantle its nuclear program. South Korea and our other allies will be better protected. The entire world will be safer as we slow the spread of nuclear weapons.”
The U.S. faced a growing nuclear threat from North Korea in the early 1990s, and Clinton chose to utilize side deals and diplomacy over military force.