liaison office Archives | Be Korea-savvy

Hyundai Asan Devastated over Destruction of Inter-Korean Joint Liaison Office

SEOUL, June 18 (Korea Bizwire) – Staff members at Hyundai Asan Corp., the company that pioneered inter-Korean commercial ties, let out a long sigh when the liaison office building was destroyed by North Korean authorities on Wednesday. Hyundai Asan received 10 billion won (US$8.2 million) to renovate the inter-Korean liaison office in Sept. 2018. The [...]

N.K. Seeks to Distract from Domestic Hardships with Liaison Office Demolition

SEOUL, June 17 (Korea Bizwire) — North Korea’s demolition of an inter-Korean liaison office appears aimed at drawing public attention away from deepening economic hardships caused by the new coronavirus and sanctions, but signals Pyongyang’s desire to maintain diplomacy with the United States, experts said Tuesday. In a body blow to President Moon Jae-in’s yearslong [...]