Sunday, June 13, 2010

Companies in Gaeseong Want Lifting of Restrictions

Officials of an association representing South Korean companies that are running in the Gaeseong Industrial Park in North Korea reportedly visited the park on Tuesday to check business operations.

The officials quoted factory supervisors in the industrial complex as saying that their operations were being affected by the South Korean government’s restriction on the number of South Koreans staying at the complex.

The association plans to submit a proposal to the Unification Ministry to lift the restriction to ensure smooth business activities at the inter-Korean industrial complex.

The Unification Ministry ordered South Korean companies to cut the number of their workforce in the Gaeseong complex late last month after investigators announced that the Cheonan warship was sunk by a North Korean torpedo.

Meanwhile, companies that set up enterprises at the joint industrial park after the Lee Myung-bak government took office held a separate meeting. They reportedly plan to ask the government to provide insurance coverage for losses incurred from the imposed travel restrictions to the Gaeseong complex.

http://world.kbs.co.kr/news_print.htm?lang=e&No=73198&Category=News

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