MANILA - North Korea was the big winner in the summit between its leader Kim Jong Un and US President Donald Trump, an analyst said Wednesday.
But China and the United States also scored some points, said Chester Cabalza, a fellow at the US Department of State on National Security and Policy-making and the vice president for the Center of Research and Strategic Studies at the Development Academy of the Philippines.
Whether or not the succeeding negotiations lead to fruition, Cabalza said North Korea will still have its nuclear weapon.
"It’s a big winner because it has nuclear weapons, and secondly, it was able to negotiate that they wanted a lasting peace and security in the region," he told ANC's Headstart.
"Once they open up their economy, they know that China, the US and the world will invest in their country," he added.
China, one of the earliest allies of the hermit state, also had a "win-win situation" in the recently concluded summit, said Cabalza, noting that Kim first met with Chinese President Xi Jinping in March.
The meeting was also a "defining moment" for Trump, leader of "the world's police at the moment," said Cabalza.
"Given that they were able to sign this agreement, it will prove that US remains to be a superpower and also this will give them the right, more leverage on how they will engage with North Korea diplomatically or economically," he said.