SEOUL, Aug. 26 (UPI) -- North Korean leader Kim Jong Un presided over a key party meeting focused on economic development, state-run media reported Wednesday, but made no mention of renewed diplomatic outreach by U.S. President Donald Trump.
Kim led an enlarged meeting of the political bureau of the ruling Workers' Party Central Committee on Tuesday, the official Korean Central News Agency reported. The meeting reviewed progress in the country's "major economic sectors" and discussed implementation of policy goals for 2026, KCNA said.
Officials cited unspecified "unfavorable conditions and difficulties arising alongside ever-changing circumstances" and shortcomings in implementing economic plans laid out at February's Ninth Party Congress.
Kim blamed the problems on the "immature operation and leadership of the economic guidance organs" and called on officials to "successfully conclude this year's struggle without fail," according to KCNA.
The party meeting comes as Trump has stepped up overtures to Kim, whom he said he expects to meet this year.
Trump last week abruptly ordered the United States and South Korea to curtail their annual Ulchi Freedom Shield military exercise, citing its cost and saying the drills sent an "inappropriate and hostile" signal to Pyongyang.
Kim did not mention Trump or the military exercise in his remarks reported by KCNA. His sister, Kim Yo Jong, said last week that Pyongyang had "no interest" in the reduction of the drills.
"If the U.S. calculates that it can propagate its recent measure as the one of so-called good faith, they will not get desired answer," she said.
The apparent lack of urgency from Pyongyang coincides with an improving economic picture after years of contraction and pandemic-era isolation.
North Korea's economy grew by an estimated 3.5% in 2025, according to South Korea's Bank of Korea, marking its third consecutive year of growth above 3%. The central bank cited expanded economic cooperation with Russia, increased trade with China and domestic policy projects as key factors, and said the North's real GDP has surpassed its 2017 level, when United Nations sanctions were tightened.
The economic situation contrasts with Trump's first term, when North Korea was under mounting international sanctions pressure while Trump pursued direct diplomacy with Kim. The two leaders held summits in Singapore and Hanoi and had a brief meeting at the Demilitarized Zone, but no nuclear deal was reached.
At February's Ninth Party Congress, Kim hailed the previous five-year economic plan as a success and said the next would focus on stabilizing and consolidating the economy while pursuing "gradual and qualitative development" of industry and agriculture. He also called improving the economy and raising living standards "heavy and urgent historic tasks."
Analysts have questioned whether Pyongyang has much incentive to return to negotiations on Washington's terms. North Korea is less economically isolated than during Trump's first term, and Kim has repeatedly declared the country's growing nuclear arsenal off-limits to negotiations.
Bruce Klingner, senior fellow at the Maureen and Mike Mansfield Foundation, said Tuesday the chance of a meeting appeared "slim to none."
"North Korea right now feels [it is] in the strongest position it's been for quite some time," Klingner said at a forum hosted by the Korea Economic Institute of America in Washington, pointing to Pyongyang's economic ties with Russia and China as well as revenue from cryptocurrency theft.
"It's getting about a billion dollars a year from cryptocurrency crime, so it doesn't need the U.S. and sanctions relief as it did several years ago," Klingner said. "So I think they're just going to sit back ... [saying] 'we don't close the door on engagement, but you need to offer more.'"
Trump on Tuesday reposted his directive to cut back the U.S.-South Korea joint drills, again highlighting his "very good relationship" with Kim. He also posted several photos of himself with the North Korean leader from their meetings in Singapore and at the DMZ.