Saudi Arabia and Qatar sign agreement to avoid double taxation    Saudi and Chinese foreign ministers meet in Beijing    Saudi Arabia to participate in Beijing International Book Fair 2024 as guest of honor    Aramco acquires 40% stake in Gas & Oil Pakistan    ROSHN revamps Waterfront walkway in Jeddah    Unstoppable OMODA & JAECOO global export sales volume surpassed 220,000! Now joining the KSA market with their pre-sales campaign    Moscow warns West after Ukraine told it can hit Russia with Western weapons    Trump found guilty in hush money trial    US and UK carry out strikes against Houthi targets in Yemen for first time in months    Bangladeshi pilgrim's life saved after suffering from heart attack    Transport minister opens 2nd Ring Road costing SR660 million in Jeddah    Jail for 4 Arab nationals for sexually harassing an Asian expat    Cristiano Ronaldo collects 2023-24 RSL top scorer award    Al Hilal's Bono named best goalkeeper of Saudi League    Saudi Pro League fan turnout up by 11% in 2023-24 season    Jorge Jesus wins Saudi League Manager of the Season award    Diriyah Contemporary Art Biennale concludes with massive attendance    Man opens ice cream shop in seaside telephone box    Nepali climber sets record for fastest ascent of Mount Everest by a woman    World's rarest album to go on display in Australia    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Koreas take first step to re-opening joint industrial park
Published in Saudi Press Agency on 07 - 07 - 2013

North and South Korea agreed in principle to re-open
their joint industrial complex idled three months ago by heightened
tensions on the peninsula, dpa cited officials as saying Sunday.
Seoul's Ministry of Unification said the two sides were able to
find middle ground on various issues in 16 hours of talks, Yonhap
news agency reported.
It said southern businessmen with investments in the Kaesong
Industrial Complex will conduct inspections starting Wednesday with
the help of engineers. Pyongyang agreed to discuss ways to implement
safeguards to prevent a future shutdown of the park.
South Korea made clear Pyongyang must take responsibility for the
disruption in operations and guarantee such problems will not be
repeated, Yonhap said.
It also wanted the right to permit the retrieval of finished goods
from Kaesong investors hit hard by the work stoppage.
North Korea wanted operations to resume as soon as possible at the
complex that was created as a result of a historic 2000 summit
between the leaders of the two Koreas, the report said.
Suh Ho, director of the ministry's exchange and cooperation
bureau, said some areas of negotiation would be dealt with at future
talks.
The complex about 10 kilometres north of the border provides jobs
and foreign exchange to the North, and cheap labour to southern
industries.
It has been closed since Pyongyang pulled out all its 53,000
workers at the end of April. The last group of about 800 South Korean
managers left the zone on May 3.


Clic here to read the story from its source.