It also clears the way for the isolated regime to receive more fuel and food aid.
The thawing of relations is an amazing turnaround just six years after Bush branded North Korea as part of the "Axis of Evil."
On Thursday Riz Khan speaks to former US Ambassador the United Nations John Bolton about the new US strategy of dealing with North Korea, which Bolton considers a "profound mistake". You can join the conversation. Send your comments and questions for John Bolton by clicking on the feedback button above.Watch Riz live on July 3 at 1900GMT, with repeats at 0030GMT, 0500GMT, and 1000GMT and find out more about the show.http://english.aljazeera.net/programmes/rizkhan/
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