North Korea announced that South Korean authorities to freeze assets in the Mount Kumgang area

Korean spots to guide the comprehensive development of 8 spokesman in Pyongyang issued a statement declaring that the crisis in the Mt irreversible situation, the DPRK will take four new measures.

This four new measures include: frozen Korean authorities in the Mount Kumgang region’s assets, including meeting with the Mount Kumgang, fire brigade and the Korea Tourism Organization has a cultural center, spa field and duty-free shops; deprivation such as South Korea’s Hyundai Securities Company 3 participation on the Mount Kumgang tourism, these three companies do not allow staff access to Mount Kumgang; North Korea and Hyundai Group signed tourism agreements and contracts are no longer valid, the DPRK will be looking for new partners to open Mt abroad tourism; if the South Korean authorities continue to ignore North Korea’s sincerity and efforts, the Korean Kaesong industrial park will reissue

of a comprehensive assessment.

It is reported that North Korea March 25 to 31 enterprises in the Mount Kumgang Koreaconducted a survey of real estate, and asked South Korea to participate in the relevant departments and enterprises to the scene investigation shows will be Spots to guide the comprehensive development of the Korean spokesman said in a statementthe same day, South Korean authorities to take on the challenge of this survey approach, notonly its own does not respond to the survey, and to block South Korean related companiesunder investigation. This shows that the South Korean authorities did not want to restore Mount Kumgang tourism, there is no point will improve inter-Korean relations.

In the Mount Kumgang tourism crisis has irreversible situation, the DPRK decided to take these measures. Mt Korean Asia-Pacific Peace Committee and Hyundai Group, started from November 1998 co-operation projects. July 2008, a South Korean female tourist in the tourist areas near the military restricted area shot and killed by North Korean guards. Since then, South Korea proposed a joint investigation because such requirements are not met, the tourism project

North Korea announced that South Korean authorities to freeze assets in the Mount Kumgang area « Chinese News 16.05.10 12:58

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announced interruption.

February 8 this year, opening north of the city in the South Korean firm by the Associationon the restoration of the Mt held working talks. The ROK reaffirmed in the talks to resume tourism projects must meet the proposed “three conditions”, namely to identify tourists shot dead the truth, prevent the recurrence of similar incidents, establishing personal safety and security system for visitors. North Korea believes that the “three conditions” have been resolved, and stressed the need for an early resumption of tourism projects. The talks failed to bear fruit.

March 4, North Korea Asia Pacific Peace Committee issued a statement a spokesman said in Pyongyang, North Korea despite opposition from South Korea to resume in March Kaesong Tourism, in April to restore Mt. If the South Korean authorities in the way, North Korea will “take special measures.”

These measures include the abolition of the special care given to South Korea

of all tourism-related agreements and contracts, freezing parts of South Korea

in the tourism and real estate.

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