North Korea’s party organization funding the leadership siphoned nearly all dollars paid in cash by South Korean companies as salaries for the laborers over an economic cooperative project in the border city of Kaesong, a defector told Kyodo News.Office 39 takes away the salaries ...
Five months after Seoul shut down a jointly run industrial park in North Korea, South Korean factory owners are still waging a defiant campaign to reopen what was the last major symbol of inter-Korean cooperation.The shock closure of the Kaesong complex in early February ...
South Korea on Sunday defended its decision to pull out abruptly from an inter-Korean industrial zone, claiming 70 percent of wages for North Korean workers were for years used to fund Pyongyang’s nuclear and missile development.Seoul on Wednesday announced it would withdraw from the ...
Seoul cut water and power supplies to the Kaesong industrial park in North Korea on Friday, a day after the North deported all 280 South Korean managers from the site.North Korea prevented them from taking equipment and finished products, saying it has seized the ...
Despite its flaws, including an Orwellian feel, the Kaesong Industrial Complex, a joint venture of the North and South Korean government, helps to build an environment of collaboration. Pyongyang's recent announcement that it will open another 14 special economic zones is a positive development.
North and South Korea agree to reopen their Kaesong joint industrial park on a trial basis from next Monday, five months after it was shut during soaring military tensions.
South Korea said talks with North Korea on reopening a jointly run industrial estate ended without agreement Wednesday, but that the two sides had agreed to meet again next week.South Korean businesses earlier in the day inspected factories at the Kaesong industrial park for ...
North and South Korea hold rare talks on re-opening a joint industrial zone seen as the last remaining symbol of cross-border reconciliation.
North Korea reopens a hotline with South Korea as the two sides agree to weekend talks aimed at mending ties after months of soaring tensions and threats of nuclear war.
