Gov't Allows Remittance for Imports from N.Korea

The Ministry of Unification authorized remittance payments to North
Korea upon receiving processed products from the North. A ban was
imposed on payments after the North was accused of sinking the
South Korean Navy corvette Cheonan.
According to the ministry, the payments are for importing products
manufactured from raw materials sent to North Korea before the ban
was imposed on May 24.
Since the ban, South Korean firms producing clothes in the joint
Kaesong Industrial Complex have raised complaints over economic
losses of more than US$180 million.
Meanwhile, the ministry also approved additional shipments of
humanitarian aid to the North worth around $250,000.