April 19, 2024
Economy
Ex-ministers urge resumption of Kaesong complex
[THE INVESTOR] Three former South Korean ministers on March 24 agreed in principle on the need to reopen the Kaesong joint industrial complex in North Korea, but called for a cautious approach.
Former Foreign Minister Song Min-soon said Seoul‘s decision in 2016 to shut down the Kaesong Industrial Complex was a serious policy failure.
“Who would support the reopening of the factory zone at a time when North Korea is advancing its nuclear and missile programs?” said Song who served as the top diplomat in 2006-2008.
On Feb. 10, 2016, South Korea closed the factory zone in response to North Korea’s fourth nuclear test and long-range rocket launch last year.
By Alex Lee and newswires (alexlee@heraldcorp.com)
Former Foreign Minister Song Min-soon said Seoul‘s decision in 2016 to shut down the Kaesong Industrial Complex was a serious policy failure.
“Who would support the reopening of the factory zone at a time when North Korea is advancing its nuclear and missile programs?” said Song who served as the top diplomat in 2006-2008.
On Feb. 10, 2016, South Korea closed the factory zone in response to North Korea’s fourth nuclear test and long-range rocket launch last year.
By Alex Lee and newswires (alexlee@heraldcorp.com)
