inter-Korean trade Archives

Volume of Inter-Korean Trade Recovers to Pre-sanctions Levels

SEJONG, Sept. 3 (Korea Bizwire) — Inter-Korean trade in the first seven months of this year recovered to levels before Seoul imposed blanket sanctions against the North for the sinking of its naval ship, government data showed Thursday, thanks to increased exchange via a joint industrial complex. According to the Korea Customs Service (KCS) data, the [...]

Inter-Korean trade hits record high in 2014: Seoul

SEOUL, April 30 (Korea Bizwire) — South Korea said Thursday that the volume of inter-Korean trade hit a record high in 2014 on growth in exchanges at a joint industrial complex in the North despite Seoul’s punitive sanctions on Pyongyang. The value of inter-Korean trade reached US$2.343 billion last year, up 106.2 percent from a [...]