Arab Today, arab today south korea condemns north koreas decision on kaesong wages
Last Updated : GMT 12:12:24
Arab Today, arab today
Arab Today, arab today

South Korea condemns North Korea's decision on Kaesong wages

Arab Today, arab today

Arab Today, arab today South Korea condemns North Korea's decision on Kaesong wages

North Korea's border city
Seoul - MENA

 South Korea formally condemned North Korea Monday for unilaterally revising regulations on the minimum wage for its workers at an inter-Korean industrial complex in the North's border town of Kaesong, Yonhap News Agency reported.
At the weekend, the North announced its decision to remove the 5-percent on-year cap for wage increases for its 53,000 workers at the Kaesong Industrial Complex.
"It is regrettable that the North has violated the inter-Korean agreement on the operation of the joint venture," unification ministry spokesman Lim Byeong-cheol said at a press briefing.
As the South and the North have agreed to improve the wage system for the development of the complex in accordance with international standards, the two sides should handle the issue through bilateral consultations, he said.
The North's authorities have not informed the South directly of its decision on the matter, he added.
The South's government will take appropriate measures after talking with North Korean officials and gathering details of its next step, said Lim.
The complex, created in 2004, is designed to combine the North's cheap labor and the South's capital and technology.

 

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