The cost of North Korea’s Taepodong launch

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    Mainichi reports on North Korea’s priorities:

    A researcher at the National Intelligence Service estimated the cost of developing the missile at 300-500 million dollars, based on a previous statement by North Korean leader Kim Jong Il that the Taepodong-1 missile launched in 1998 cost between 200-300 million dollars.

    Insiders close to South Korean President Lee Myung-bak say the launch itself cost around 300 million dollars, enough to break the famine sweeping much of the nation for a year.

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