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South Korea seeks talks with North on factory park
Published in Saudi Press Agency on 15 - 05 - 2009


South Korea is requesting rare
talks with North Korea over the fate of a joint industrial park
that has become a focal point of friction between the rival
states, an official said on Friday.
North Korea, stung by tightened trade sanctions in
response to its rocket launch in April and decision to
back away from a nuclear disarmament-for-aid deal, has been
looking to obtain more money from South Korean companies at the
park, which is the last major economic tie between the Koreas.
"We will send a proposal to the North ... asking for a
meeting with us early next week," Unification Ministry spokesman
Kim Ho-nyoun told reporters.
The two Koreas held their first economic talks in more than a
year in April at the Kaesong Industrial Park, where scores of
South Korean firms use cheap North Korean labour and land to make
goods at the complex just north of their border.
North Korea said it wanted to revise the terms of operation
to increase the wages for its more than 30,000 workers at
Kaesong, whose basic minimum monthly salary of $70 is paid to the
North Korean state, and renegotiate land lease terms.


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