North Korea, South Korea sign deal on Kaesong committee
Seoul: The two Koreas formally signed an agreement on Thursday forming a joint committee that will meet next week and is tasked with re-opening and running a joint industrial park shut down in April.
The initial challenge facing the 12-member committee is hammering out a schedule that will lead to the resumption of operations at the Kaesong complex.
The South`s Unification Ministry, which handles inter-Korean affairs, said the first meeting would take place Monday in Kaesong, 10 kilometres inside the North Korean border.
The complex was established in 2004 as a rare symbol of North-South reconciliation and survived a series of crises on the Korean peninsula that saw other joint projects collapse.
But operations were suspended in April when the North withdrew all its 53,000 workers at a time of heightened military tensions.
Pyongyang said its hand had been forced by "provocative" South Korea-US joint military exercises.
The two Koreas agreed earlier this month to create the joint committee in an effort to get the complex, a valuable source of hard currency for the North, up and running again.
More from India
More from World
More from Sports
More from Entertaiment
- Congress workers blow up pigeons by blasting them inside rockets
- Indian Army 5th deadliest in the world: Report
- Beef row: Lalu Prasad Yadav contradicts his statements
- Lalu Yadav's son Tejasvi Yadav wants to change the face of Bihar education
- Indrani Mukerjea attains consciousness; is now out of danger
- Is Salman Khan - Aamir Khan friendship over?
- Parrikar hits out at Nawaz Sharif, says India doesn't need advice about troops in Siachen
- Prefer to ignore what Nawaz Sharif said at UN, says Manohar Parrikar
- Congressmen tie pigeon inside rocket to welcome their leader – A must watch for Rahul Gandhi
- Neither Dadri nor Babri: India is 'Muslim woman delivering 'Ganesha' inside temple'