North Korea’s unchecked missile and nuclear program is one of the most pressing global security concerns. This article evaluates the multilateral engagement efforts that have been pursued by regional stakeholders, specifically assessing the Six-Party Talks vis-a-vis the ASEAN Regional Forum (ARF), and explaining why these multilateral efforts have failed to resolve the nuclear crisis. Given the poor performances of these two multilateral platforms, this article seeks to assess the feasibility and policy implications of defusing the longstanding nuclear crisis through multilateral engagement. Despite stalling and a myriad of obstacles, the Six-Party Talks has a better chance than the ARF at curbing the nuclear crisis. At best, the ARF can contribute by playing a complementary role by helping deescalate tensions or cultivating better diplomatic ties.