The White House has called the Beijing deal on North Korea’s nuclear programme a very important first step. But the U.S. warns that, if the deal is broken, the possibility of sanctions remains.Pyongyang has agreed to shut down its Yongbyon reactor complex, which is at the heart of its nuclear ambitions. International inspectors will now be allowed on to the site as part of initial disarmament plans, all of which must be completed in the next 60 days.In return, the country can expect 50,000 tonnes of fuel oil or economic aid. A further 1 MLN tonnes would be given if Pyonyang goes further and disables its nuclear capabilities entirely.As part of its aid deal for North Korea, Russia is now considering writing off an $US 8 BLN debt and securing electricity supplies.Meanwhile five working groups will be set up, focusing on various security and regional issues that still remain.And improved ties between the U.S. and North Korea also look to be on the horizon. The United States will remove the country from its list of state-sponsors of terrorism, and begin removing trade sanctions.The two Koreas, the United States, China, Japan and Russia reached the agreement after gruelling talks in Beijing that began on Thursday. The U.S. and Japan have agreed to negotiate further steps to normalise their relations with North Korea.The plan represents the first steps in implementing a joint statement signed by the countries in September 2005.Five groups will be set up to carry out the initial phase of nuclear disarmament of the DPRK.