BREAKING NEWS

North and South Korea to re-open joint factory park in trial run

By REUTERS

SEPTEMBER 11, 2013 02:39

SEOUL - North and South Korea have agreed to re-open a shuttered industrial park on a trial basis starting on Monday, the South's Unification Ministry said in a statement.

The industrial zone is located a few kilometers inside North Korea and was closed when Pyongyang pulled its 53,000 workers out amid rising tensions between the two Koreas earlier this year.

The two Koreas will aim to attract foreign investors into the zone, a key foreign currency earner for the North, said the ministry, which is responsible for handling South Korea's stance on inter-Korean relations.

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