N.Korea presents nuclear report, US eases sanctions

By Matt Spetalnick and Jeremy Pelofsky

WASHINGTON, June 26 (Reuters) - North Korea handed over a long-delayed account of its nuclear activities on Thursday, prompting the United States to ease sanctions but leaving questions about the communist state's atomic ambitions.

U.S. President George W. Bush cautiously welcomed the action but warned North Korea, which tested a nuclear device two years ago, that it faced consequences if it did not fully disclose its operations and continue to dismantle its nuclear program.

"If North Korea makes the wrong choices, the United States and our partners in the six-party talks will respond accordingly," he said at the White House in Washington shortly after the declaration was handed over to China.

N.Korea presents nuclear report, US eases sanctions....