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Technicians tasked with setting up RFID system at Kaesong complex

SEOUL, Dec. 2 (Yonhap) -- Technicians have entered North Korea to set up wireless data transfer systems that can facilitate the movement of people and materials to and from the inter-Korean factory park in Kaesong, the government said Monday. The six-member team crossed over the demilitarized zone (DMZ) that separates the two countries earlier in the day and are checking sites that can be used to set up the radio frequency identification tag (RFID) system.

N. Korea's NLL economic zone separate from 14 special biz zones: official

SEOUL, Nov. 7 (Yonhap) -- A special economic zone that North Korea reportedly wants to set up near the western sea border with South Korea seems to be unrelated to Pyongyang's original plan to create 14 special business zones, a Seoul official said Thursday. The Asahi Shimbun reported Wednesday that the North seeks to establish beaches, golf courses and hotels in Kangryong County near the so-called Northern Limited Line (NLL) in an effort to lure foreign investors that may include South Korean companies.

S. Korea MPs to visit joint industrial park in North

South Korean lawmakers will make an inspection tour of the newly-reopened Kaesong industrial zone operated with North Korea after Pyongyang approved their visit, officials said Thursday. Kaesong lies 10 kilometers (six miles) inside North Korea and the tour will mark a rare cross-border trip by South Korean MPs. "Nothing has been decided on whether or not lawmakers will be able to meet North Korean officials," an official with the South's Unification Ministry told Yonhap news agency.

Gov't mulls more support for hard-pressed Kaesong firms

SEOUL, Oct. 17 (Yonhap) -- The government is considering giving more support to hard-pressed South Korean companies with factories in an inter-Korean factory park located in the North, an official said Thursday. The unification ministry source said that while Seoul does not plan to alter the contract regarding the return of insurance money given to companies prior to the reopening of the Kaesong Industrial Complex on Sept. 16, it is nevertheless looking at ways to alleviate their financial plight.

U.S. gov't hails upcoming resumption of Kaesong industrial park

By Lee Chi-dong WASHINGTON, Sept. 11 (Yonhap) -- The U.S. government expressed support Wednesday for an inter-Korean deal on reopening the Kaesong industrial zone after a five-month suspension. "We support improved inter-Korean relations and welcome news that the ROK (the South) and DPRK (the North) have agreed to reopen the Kaesong Industrial Complex," a State Department official said, adding it's the department's official stance on the issue. "We will continue close coordination with our allies and partners in the region."

S. Korean bizmen request Kaesong park resumption for next month

PAJU, South Korea, Aug. 23 (Yonhap) -- South Korean businessmen operating firms in the shuttered joint factory zone in the North's border city called Friday for resuming operations early next month. In a press conference wrapping up their two-day inspection into facilities that have remained idle for months, the operators also urged the government to allow them to bring back and forth raw materials. In addition, they requested that their workers stay on site to prepare for the park's resumption.

U.S. hails plans for inter-Korean talks on Kaesong

By Lee Chi-dong WASHINGTON, Aug. 7 (Yonhap) -- The U.S. government expressed typical support Wednesday for the upcoming resumption of inter-Korean talks on the fate of the Kaesong Industrial Complex, the last remaining joint venture between the two sides. "We certainly support improved inter-Korean relations," State Department spokeswoman Jen Psaki said at a press briefing. She was responding to Pyongyang's announcement that it wants to hold a new round of negotiations with the South next week.

S. Korea to pay $250 mn compensation to Kaesong firms

South Korea said Wednesday it had authorised a $250 million compensation payout to companies based in the inter-Korean Kaesong industrial zone, which was shut down due to surging military tensions in April. "Payment will begin Thursday," said Unification Ministry spokesman Kim Hyung-Suk. The move is seen by some as presaging the permanent closure of Kaesong, after six rounds of fruitless North-South negotiations aimed at resuming operations there.

S. Korea urges N. Korea to accept proposal for talks on Kaesong

SEOUL, Aug. 4 (Yonhap) -- South Korea called on North Korea Sunday to accept its week-old proposal for talks on reopening a suspended joint industrial park, saying the South Korean people are reaching the limit of their patience. "If North Korea truly considers the Kaesong Industrial Complex to be a touchstone of inter-Korean relations, it shouldn't stay silent but demonstrate its will through responsible words and actions," Kim Hyung-suk, a spokesman of Seoul's Ministry of Unification, said in a statement.

N. Korea stays silent on Seoul's offer for Kaesong talks

SEOUL, Aug. 1 (Yonhap) -- North Korea remained silent Thursday on South Korea's proposal for "final talks" to resolve all outstanding differences and reopen their joint industrial complex in the North Korean border city of Kaesong, the government said. Seoul made the final dialogue offer earlier this week after six rounds of working-level talks in July ended without the two Koreas reaching agreement on preconditions to resuming operations at the Kaesong Industrial Complex.
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