The financial talks between the United States and the Democratic People's Republic of Korea (DPRK) are "businesslike and useful," a U.S. treasury official said Wednesday night in Beijing.

Wednesday's talks over U.S. financial sanctions against Pyongyang are "businesslike and useful," Daniel Glaser, U.S. Treasury Department's deputy assistant secretary, told reporters at the hotel.

Glaser, who is leading the U.S.delegation, held five-hour talks with President of the DPRK's Foreign Trade Bank O Kwang Chol in the DPRK embassy Wednesday.

He didn't release the details of the talks, but stressed the DPRK should "underline the concerns of the international financial society."

"We also discussed the possibility of meeting next month, perhaps in New York," he said, confirming his delegation will go back home tomorrow.

Financial sanction imposed on the DPRK was one of key stumbling blocks that had stalled the six-party talks for the past 13 months.

The financial talks were held on the sideline of the fresh six-party talks, which entered the 3rd day Wednesday.

Formally known as the second phase of the fifth round since 2003, the talks involved China, the DPRK, the United States, the Republic of Korea, Japan and Russia.

Source: Xinhua