position:staff reporter

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

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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.

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Companies urge full normalization on lawmakers’ visit to Kaesong

▻http://english.hani.co.kr/arti/english_edition/e_northkorea/609309.html

By Lee Seung-jun, staff reporter

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“Credit is a company’s lifeblood. But the long-term shutdown has left the credit here shattered like a broken jar.”

These were the words of Han Jae-kwon, head of an emergency committee set up to urge a full normalization of operations at the Kaesong Industrial Complex.

“Before anything else, we need to see authorities from North and South declaring their solid commitment to developing the complex,” Han continued.

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