The Korean Peninsula Energy Development Organization has postponed a high-level meeting for several weeks. KEDO's executive board had planned to meet in New York next Wednesday to consult on next steps to punish North Korea for operating a secret nuclear weapons development program. U.S. State Department spokesman Richard Boucher said that due to end-of-the-year scheduling conflicts, board members decided to postpone their meeting until early next year. The last executive board meeting in November suspended future deliveries of fuel oil to North Korea. Diplomatic sources said the meeting next week would have discussed the future of two light-water reactors now under construction in North Korea. KEDO is a U-S-led international consortium which includes South Korea, Japan and the European Union. It was set up to oversee fuel oil deliveries and construction of nuclear power plants in the North in return for Pyongyang's freeze on a plutonium-based nuclear program.