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S Korea to dismantle support foundation for Kaesong complex as early as next week

South Korea is expected to pass a proposal to shut down a support foundation for the now-shuttered inter-Korean industrial complex in the North's border city of Kaesong as early as next week, the unification ministry said Sunday. The revision to the decree on support for the Kaesong Industrial Complex will be presented at a Cabinet meeting Tuesday, which will entrust the foundation's tasks to the civilian s.

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Why did S Korea shut down Kaesong complex support body without informing businesses?

While the decision to dissolve the foundation could have a serious impact on the property rights of the tenant companies at the complex, the government didn’t discuss its decision with the tenant companies or even notify them in advance

South koreaNorth koreaKaesong siSouth koreanNorth koreanLee je hunYoon suk yeolUnification ministryCooperation support associationMinistry of unificationGaeseong industrial district foundationWorker party of koreaKorea support ministryPresident yoon suk yeolNorth korea support ministryKim jong un

Seoul to intensify penalties for unauthorized civilian inter-Korean exchanges

The Yoon Suk Yeol government is set to strengthen legal consequences aimed at preventing unauthorized interactions between South and North Korean individuals. A new center will be launched this month to strengthen monitoring of such illicit exchanges, the Unification Ministry said Tuesday. The Unification Ministry plans to issue a legislative pre-announcement of the proposed amendments to the Inter-Korean Exchange an.

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Unification Ministry to downsize inter-Korean dialogue units

South Korea's Unification Ministry will undergo significant restructuring and downsizing, after President Yoon Suk Yeol urged for a structural shake-up amid the prolonged deadlock in inter-Korean relations. Under the guidance of the presidential office, Vice Unification Minister Moon Seoung-hyun, who assumed office early this month, has been at the forefront of reorganizing internal divisions as well as affiliat.

South koreaNorth koreaP yongyang siCh ungch ong buktoNorth koreanSouth koreanLee myung bakYoon suk yeolKorean transit officeOffice of the interOffice of interKorea unification ministryKaesong industrial district foundationUnification ministryCooperation support associationUnification ministry on

Unification ministry to downsize agencies handling North Korea cooperation

Unification ministry to downsize agencies handling North Korea cooperation
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South koreaKaesong siNorth koreaCooperation support associationKaesong industrial district support foundationSouth north exchange