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  • » 10/06/2017, 09.38

    KOREA

    Pyongyang intends to reopen the Kaesong industrial complex, but without Seoul



    The Seoul Unification Ministry has asked North Korea not to violate South Korean property rights. In 2004, 124 Korean companies invested in clothing and utensils production facilities, with 54,000 Northern workers. The collaboration is worth over 500 million dollars a year to Pyongyang.

    Seoul (AsiaNews / Agencies) - North Korea is intent on re-opening and re-operating Kaesong's inter-industrial complex, which has been shut down since 2016.

    In February 2016, the South closed the complex in response to North’s missile launches and the fourth nuclear test. The propaganda site Uriminzokkiri said that the industrial zone is located within the territory under the sovereignty of North Korea and other nations [without naming South Korea] should not interfere with the issue.

    Uriminzokkiri adds that the manufacturing industries present there will be used even more actively. This means that Pyongyang will begin using kaesong production facilities, which are owned by South Korean companies.

    Already in recent days rumours circulated that North Korea was using clothes packing facilities in Kaesong.

    Opened in 2004, the Kaesong industrial area hosted 124 South Korean companies, with 54,000 Northern workers in clothing and utensils production. South Korean investments and salaries paid to North Korean workers made up a substantial foreign currency reserve package for Pyongyang: over US $ 500 million a year.

    Last year, North Korea said it would freeze all South Korean property in the industrial area. The Seoul Unification Ministry said Pyongyang should guard against taking over other people's property flouting the ownership rights of South Korean companies.

    According to analysts, the increasingly warlike attitudes of the North show a desperate attempt by Pyongyang to remain an important interlocutor on the peninsula, having lost China's support and underwritten the isolation of the international community.

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    See also

    08/06/2017 09:43:00 KOREA
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    05/04/2017 09:31:00 NORTH KOREA
    Pyongyang carries out new missile test, on the eve of Xi Jinping and Donald Trump

    This morning’s launch aimed at provoking greater disaccord between China and the United States. The medium-range missile launched from Sinpo landed in the Sea of ​​Japan. Beijing does not want the fall of Kim Jong-un, or the unification of the two Koreas.

     



    06/07/2017 10:14:00 KOREA-US-UN
    United States: Military option against Pyongyang, 'if we have to.' Moon: No to escalation

    At the UN Security Council's emergency meeting, the US ambassador urges new sanctions against countries that have relations with North Korea, namely China. Beijing and Moscow: reduce tensions. South Korean President: Sanctions and pressure have to push for dialogue and not to destroy peace.



    05/09/2017 09:58:00 UN-KOREA
    UN Security Council on North Korea: War, Sanctions, Dialogue

    US Ambassador: Pyongyang is beggingg for a war. The patience of the US "is not without limits". For China and Russia call for efforts to curb rising tensions. Stop joint military exercises in exchange for dialogue with the North. Putin on the phone with Moon Jae-in. Trump proposes arms sales to South Korea.



    20/09/2017 09:26:00 US-KOREA-UN
    Trump threatens the 'total destruction' of North Korea. Silence from Seoul and Tokyo

    Veiled criticism of China, Pyongyang's ally. The irony of Chinese newspapers. An attack on North Korea would hit the South, Japan, and the North Asia region.





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