Arab Today, arab today kaesong committee secretariat opens for business
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Kaesong committee secretariat opens for business

Arab Today, arab today

Arab Today, arab today Kaesong committee secretariat opens for business

Seoul - Yonhap

South and North Korea on Monday opened a joint body to coordinate in preventing another work stoppage at an inter-Korean factory zone that opened a fortnight ago after a five-month hiatus, the unification ministry said. The permanent secretariat in the North Korean border town of Kaesong, staffed by both South and North Korean government officials, will assist the joint management committee tasked with running the business park, the ministry said. This newly established steering committee gives Seoul an equal say as Pyongyang in the running of the complex, unlike in the past when the complex was run by a North Korean body, General Bureau for Central Guidance to the Development of the Special Zone. Initially eight South Koreans and five North Korean officials will be assigned to the secretariat, it said. In mid-August, Seoul and Pyongyang agreed to establish the secretariat as part of a landmark agreement that called for resuming operations at the Kaesong Industrial Complex, which had been shut for four months. The pact included setting up of various safeguards to prevent non-economic developments from disrupting operations at the industrial complex that is symbol of detente and economic cooperation between the two sides. All operations at the Kaesong were halted in early April after Pyongyang citing military and political provocations pulled out all of its 53,000 workers from the complex that is home to 123 South Korean factories. Work resumed on Sept. 16 after long-drawn negotiations secured a pledge from the North that it will take no future action to halt operations. The ministry in charge of overseeing all inter-Korean exchange, meanwhile, said the existing Kaesong Industrial District Management Committee, which had acted as the semi-official representative office for Seoul, will be maintained as an organization dedicated to helping businesses and their production activities.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kaesong committee secretariat opens for business Arab Today, arab today kaesong committee secretariat opens for business

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kaesong committee secretariat opens for business Arab Today, arab today kaesong committee secretariat opens for business

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday