S Korea approves business consortium’s trip to N Korea

S  Korea approves business consortium’s trip to N  Korea

The South Korean government has given officials
of a business consortium the nod of approval to travel to North Korea for a project that
involves the two Koreas and Russia. The unification ministry said Sunday a team
of 38 government officials and representatives from the consortium comprising three South
Korean companies will visit the North on Tuesday. The group is there for a week-long feasibility
study on the so-called Rajin-Khasan logistics project.
The project, closely linked to South Korean President Park Geun-hye’s Eurasian Initiative,…
is designed to make the North Korean northeastern port city of Rajin a logistics hub by linking
it to Russia’s Trans-Siberian railway. This will be the second on-site inspection
since February. Any trip to the North requires Seoul’s approval
as well as the consent of Pyongyang… as the two Koreas are technically in a state
of armistice since the Korean War ended in a truce, not a peace treaty.

You May Also Like

About the Author: Oren Garnes

Leave a Reply

Your email address will not be published. Required fields are marked *