rewarding and better diplomatic standing

South Korea sends first shipment of oil

South Korea has sent the first installment of oil-aid to its northern neighbour as part of a six-party agreement aimed at shutting down North Korea's nuclear program. The 6,200-ton shipment of fuel due to arrive on Saturday is the first step in rewarding Pyongyang for closing down its Yongbyon nuclear reactor. In all, South Korea is to provide 50,000 tons of the much-needed commodity. International Atomic Energy Agency inspectors are due to arrive in North Korea this weekend to monitor the reactor shut-down. Talks among the two Koreas, China, Japan, Russia and the United States on ending North Korea's nuclear arms programme in exchange for an additional 950,000 tonnes of oil aid and better diplomatic standing are likely to resume next week.



reward
noun [C]
1 something given in exchange for good behaviour or good work, etc:
There's a reward for whoever finishes first.
The rewards of motherhood outweigh the anguish.

2 an amount of money given to someone who helps the police or who helps to return stolen property to its owner:
The police offered a reward for any information about the robbery.

reward
verb [T]
to give someone a reward:
The company rewarded him for his years of service with a grand farewell party and several presents.
SLIGHTLY FORMAL All his hard work was rewarded (= was made worth it) when he saw his book in print.
FORMAL He rewarded their kindness with hostility and contempt.

rewarding
adjective
giving a reward, especially by making you feel satisfied that you have done something important or useful, or done something well:
Is it a rewarding job?
Textbook writing can be an intellectually and financially rewarding activity.


standing (REPUTATION)
noun [U]
reputation, rank or position in an area of activity, system or organization:
As a pathologist of considerable standing, his opinion will have a lot of influence.
A financial scandal would shake the Institute's standing in the international academic community.

(from Cambridge Advanced Learner's Dictionary)