Tuesday 10 September 2013

Koreas agree to re-open Kaesong zone

Source BBC News@ tienganhvui.com


Breaking news


North and South Korea have agreed to re-open the Kaesong joint industrial zone next week, officials in Seoul say.


The two sides set a date of 16 September after talks that went through the night, the South's Unification Ministry said.


Operations at the complex stopped in April when the North withdrew its workers amid political tension.


The zone, just inside North Korea, is home to 123 South Korean factories that employ more than 50,000 North Koreans.


It is the last functioning inter-Korean joint project and a key source of revenue for Pyongyang.


Last month, the South's Unification Ministry said a five-point accord had been agreed on re-opening the complex.


The owners of South Korean businesses at the zone had called for a deal and North Korea said re-opening Kaesong was in both nations' interests.





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