North Korea "Gel of the Gaeseong Industrial Complex"



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One billion badets frozen in 2016, our government revealed that it would be released
Companies will visit Korea at the end of October … Ratification of the Pyongyang Declaration on Inter-Korean Economic Cooperation

Gyeonggi Industrial Complex in Paju City, Gyeonggi Province News 1

It is confirmed that the North has recently informed the government that it will lift frozen measures on our Gaesong industrial complex badets. This is only two years and eight months after the government declared the unilateral freeze of badets to protest the government's decision to close the Kaesong industrial complex in February 2016. South Korean President Kim Dae-jung said Monday that Pyongyang's joint statement on the normalization of the Kaesong industrial complex would be standardized and that the dismantling of the badets of the Gaesong Industrial Complex would be lifted. The perspective comes.

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A government source said on July 24: "North Korea has recently announced its willingness to lift the measures to freeze the badets of the Gaesong Industrial Complex, and we are negotiating with the government to address this problem." South Korean badets frozen in the Gaesong Industrial Complex amounted to 708.7 billion won for the private sector, 294.4 billion won for the public sector and 53.3 billion won for the public sector.

After the fourth nuclear test, North Korea unilaterally announced that it had expelled the South Korean labor force and froze the badets when the PNB had decided to close the Kaesong complex. Since then, he claims the right to manage and operate the facilities of the industrial complex. A diplomatic source said: "North Korea seems to send a message to global companies asking them to promote the possibility of economic development internally and to recognize the rights of foreign investors."

The government and the Kaesong Industrial Complex will visit the site at the end of the month to review the state of conservation of the badets, with North Korea announcing plans to lift the badets of the Gaesong Industrial Complex. The North operates some facilities intermittently even after the closure of the industrial complex and it has been reported that the state of conservation is relatively good.

An badysis of North Korea's imminent recovery of the Kaesong industrial complex is also revealed. President Moon and North Korean leader Kim Jong-un agreed in the Pyongyang joint statement in September that the Kaesong Industrial Complex and Mt. Some observers say that the US administration Donald Trump will complain about the rapidity of inter-Korean economic cooperation, faster and faster. A spokesman for Cheong Wa Dae said at a briefing on the subject: "We can not reactivate (Gaesong Industrial Complex) unless the solution to North sanctions is resolved."

Kaesong Industrial Corporation has shown expectations. Lee Jong Deok Young, a former underwear maker, said: "The persistent refusal of visits to North Korea has hurt me, but this time, I have the air of # 39; hope. " Lee Gyu-yong, head of quality team at SJ Tech, which manufactures auto parts, said: "We will be able to promise to resume the process after real changes, such as denuclearization or an agreement with north of the United States, will have been concluded ".

Hwang In-chan [email protected]

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