Word: kaesong
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...affirmation of the principle that the separate states of North Korea and South Korea nonetheless constitute a single nation. It is also a victory for Seoul, which has been pushing Pyongyang to agree to this for years. The two sides begin talks in the North Korean border town of Kaesong on Dec.7 to work out details. Gushed Korean Olympic Committee official Park In Kyo: "This is definitely going to have a positive influence in the Korean peninsula...
...rolling south from Pyongyang toward Kaesong near the DMZ, searching for signs of economic life in North Korea. Pyongyang, the capital, was like a ghost town?its spotless streets scrubbed clean of the messy bustle that defines most Asian capitals. The highway to the country's second-biggest city is nearly deserted. But our government handlers have promised to show us the Kaesong industrial park, where North Koreans are churning out watches, shoes and kitchenware in newly built South Korean-owned factories. After a two-hour drive, the bus stops on a bridge in the middle of nowhere. No industrial...
...South Korea's own economy for years to come. Seoul started to send aid across the Demilitarized Zone to help Pyongyang modernize and?it was hoped?gradually become more self-sufficient by substituting capitalism for Marxism. Seoul is building a massive factory complex in the North Korean city of Kaesong, not far from Ilsan, and South Korean tourists regularly visit a resort enclave on North Korea's southeastern coast. Last year, 27,000 southerners visited the North, up from 16,000 in 2003. While the U.S. pushes for economic sanctions, South Korean trade with North Korea soared from $403 million...
...cash, products and services to the North, according to government figures and Hyundai Asan, a company involved in joint North-South industrial projects. This year's transfers?if a planned donation of 500,000 tons of fertilizer goes ahead?will likely be at least $350 million. The new Kaesong industrial park, just north of the Demilitarized Zone, is the most visible symbol of economic cooperation between the two countries. In late 2004, the first of what South Korea hopes will be 2,000 factories built over the next 15 years?all funded by South Korean companies?started churning out stainless...
...humanitarian level" until the nuclear question is resolved. (The U.S. is also continuing food aid to starving North Koreans, despite the crisis.) But the policy shift?which would have been a major one?was fleeting. A day later, the South Korean Unification Ministry official in charge of the Kaesong project, Cho Myung Kyun, seemed to contradict Ban, saying "no particular decision has been made on the project yet" and that companies planning to invest there should assume it's business as usual...