News / Asia

Koreas Set Date for Reopening Shuttered Industrial Park

The inter-Korean Kaesong Industrial Complex is seen in this picture taken near the truce village of Panmunjom in Paju, about 55 km (34 miles) north of Seoul April 23, 2013.
The inter-Korean Kaesong Industrial Complex is seen in this picture taken near the truce village of Panmunjom in Paju, about 55 km (34 miles) north of Seoul April 23, 2013.
VOA News
North and South Korea have agreed to reopen a jointly-run industrial park just inside the North Korean border on a trial basis starting next Monday.

The South's Unification Ministry says negotiators reached the deal on the Kaesong industrial complex following lengthy negotiations that lasted through early Wednesday.

The two sides tentatively agreed last month to re-open the facility, which was effectively closed by the North in April. But the South was still looking for compensation for its companies hit by the closure and for assurances a shutdown would not happen again.

The South's statement said the two sides agreed that South Korean companies would not pay taxes for this year. They also agreed to open the complex to foreign investors, which could make it harder to shut down operations in the future.

North Korean state media confirmed the September 16 re-opening date, but offered no other details.

Troy Stangarone, the Senior Director of the Korea Economic Institute of America, tells VOA the deal is an important step for Korean relations. But he is skeptical that international companies will want to invest in Kaesong under the current circumstances.

"The challenge is going to be that most of these companies are going to want to see how the process moves forward," he said. "Are there any real assurances that the North Koreans will (keep) the complex open?"

North Korea pulled its 53,000 workers from Kaesong in April. It blamed rising tensions from joint U.S.-South Korean military exercises. It was also angry over expanded U.N. sanctions in response to its third nuclear test.

Since 2004, Kaesong has been an important symbol of cooperation between Seoul and Pyongyang, which remain in a technical state of war since their 1950s conflict ended only in a truce.

Over 120 South Korean businesses use Kaesong to manufacture a variety of products with cheap North Korean labor. In turn, the industrial park serves to provide vital foreign currency to the impoverished North.

Stangarone says the loss of this cash was likely a motivation for North Korea in re-opening the factory. But he says Pyongyang was also eager to find jobs for its workers.

"While they found many of them jobs within North Korea, these jobs were not as high of quality. Conditions were not as good, the pay was not as good," he said. "There's an important domestic reason for this as well beyond the international hard currency they earned from the project."

Wednesday's announcement is the latest sign of easing tensions on the Korean peninsula. Last month the two Koreas also agreed to resume stalled talks on reuniting families forcefully separated six decades ago by the Korean War.

Last week, the North also restored a military hotline on the countries' tense, heavily armed border that was severed at the height of this year's tensions.

You May Like

Hezbollah Chief Says Does Not Want War But Ready for One

VOA's Jerusalem correspondent reports that with an Israeli election looming and Hezbollah's involvement in Syria, neither side appears interested in a wider conflict More

Multimedia VOA SPECIAL REPORT: Despite Danger, Best US Minds Battle Deadly Virus

Scientists at America's premier biological research center race in military confinement to find effective drugs, speedier tests and a safe vaccine amid the deadliest outbreak of Ebola in history More

Kurdish Poet Battles to Defend Language, Culture

Kawa Nemir's work is an example of what he sees as an irreversible cultural and political assertiveness among Kurds in Turkey More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Egypt's Suez Canal Dreams Tempered by Continued Unresti
X
Heather Murdock
January 30, 2015 8:00 PM
Egypt plans to expand the Suez Canal, raising hopes that the end of its economic crisis may be in sight. But some analysts say they expect the project may cost too much and take too long to make life better for everyday Egyptians. VOA's Heather Murdock reports.
Video

Video Egypt's Suez Canal Dreams Tempered by Continued Unrest

Egypt plans to expand the Suez Canal, raising hopes that the end of its economic crisis may be in sight. But some analysts say they expect the project may cost too much and take too long to make life better for everyday Egyptians. VOA's Heather Murdock reports.
Video

Video Threat of Creeping Lava Has Hawaiians on Edge

Residents of the small town of Pahoa on the Big Island of Hawaii face an advancing threat from the Kilauea volcano. Local residents are keeping a watchful eye on creeping lava. Mike O’Sullivan reports.
Video

Video Pro-Kremlin Youth Group Creatively Promotes 'Patriotic' Propaganda

As Russia's President Vladimir Putin faces international pressure over Ukraine and a failing economy, unofficial domestic groups are rallying to his support. One such youth organization, CET, or Network, uses creative multimedia to appeal to Russia's urban youth with patriotic propaganda. VOA's Daniel Schearf reports.
Video

Video Mobile Infrared Scanners May Help Homeowners Save Energy

Mobile photo scanners have been successfully employed for navigational purposes, such as Google Maps. Now, a group of scientists from the Massachusetts Institute of Technology says the same technology could help homeowners better insulate their houses and save some money. VOA’s George Putic has more.
Video

Video Filmmakers Produce Hand-Painted Documentary on Van Gogh

The troubled life of the famous 19th century Dutch painter Vincent van Gogh has been told through many books and films, but never in the way a group of filmmakers now intends to do. "Loving Vincent " will be the first ever feature-length film made of animated hand-painted images, done in the style of the late artist. VOA’s George Putic reports.
Video

Video Issues or Ethnicity? Question Divides Nigeria

As Nigeria goes to the polls next month, many expect the two top presidential contenders to gain much of their support from constituencies organized along ethnic or religious lines. But are faith and regional blocs really what political power in Nigeria is about? Chris Stein reports.
Video

Video Rock-Consuming Organisms Alter Views of Life Processes

Scientists thought they knew much about how life works, until a discovery more than two decades ago challenged conventional beliefs. Scientists found that there are organisms that breathe rocks. And it is only recently that the scientific community is accepting that there are organisms that could get energy out of rocks. Correspondent Elizabeth Lee reports.
Video

Video Paris Attacks Highlight Global Weapons Black Market

As law enforcement officials piece together how the Paris and Belgian terror cells carried out their recent attacks, questions are being asked about how they obtained military grade assault weapons - which are illegal in the European Union. As VOA's Jeff Swicord reports, experts say there is a very active worldwide black market for these weapons, and criminals and terrorists are buying.
Video

Video Activists Accuse China of Targeting Religious Freedom

The U.S.-based Chinese religious rights group ChinaAid says 2014 was the worst year for religious freedom in China since the end of the Cultural Revolution. As Ye Fan reports, activists say Beijing has been tightening religious controls ever since Chinese leader Xi Jinping came to office. Hu Wei narrates.
Video

Video Theologians Cast Doubt on Morality of Drone Strikes

In 2006, stirred by photos of U.S. soldiers mistreating Iraqi prisoners, a group of American faith leaders and academics launched the National Religious Campaign Against Torture. It played an important role in getting Congress to investigate, and the president to ban, torture. VOA's Jerome Socolovsky reports.
Video

Video Former Sudan 'Lost Boy' Becomes Chess Master in NYC

In the mid-1980’s, thousands of Sudanese boys escaped the country's civil war by walking for weeks, then months and finally for more than a year, up to 1,500 kilometers across three countries. The so-called Lost Boys of the Sudan had little time for games. But one of them later mastered the game of chess, and now teaches it to children in the New York area. VOA’s Bernard Shusman in New York has his story.
Video

Video NASA Monitors Earth’s Vital Signs From Space

The U.S. space agency, NASA, is wrapping up its busiest 12-month period in more than a decade, with three missions launched in 2014 and two this month, one in early January and the fifth scheduled for January 29. As VOA’s Rosanne Skirble reports, the instruments being lifted into orbit are focused on Earth’s vital life support systems and how they are responding to a warmer planet.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid