S. Korean company permitted to participate in project with N. Korea : North Korea : Home
▻http://english.hani.co.kr/arti/english_edition/e_northkorea/611165.html
Permission has raised discussion over whether Seoul might start to loosen May 24 Measures
By Choi Hyun-june, staff reporter
The South Korean government granted a South Korean company permission to take part in the Najin-Hasan Project, a collaborative project between North Korea and Russia. The decision is leading to predictions that the government could start to loosen the May 24 measures.
The measures were adopted by the administration of former President Lee Myung-bak after the sinking of the Cheonan warship in March 2010. The measures are sanctions by Seoul against the North that cut off all economic, culture exchange, and cooperation projects between South and North Korea The Kaesong Industrial Complex was the only inter-Korean economic cooperation project that was exempted from the measures.
