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Joint Development of N. Korean Mines Expected to Create Over 90,000 Jobs Yearly in Two Koreas: Think Tank

Joint Development of N. Korean Mines Expected to Create Over 90,000 Jobs Yearly in Two Koreas: Think Tank

SEOUL, Mar. 19 (Korea Bizwire) — The two Koreas’ joint development of North Korean major mines, if implemented, is expected to create more than 90,000 jobs in the two Koreas annually, a report by a private think tank showed Sunday. The Seoul-based North Korea Resource Institute issued a report on the prospect of potential inter-Korean [...]

Ex-U.N. Ambassador Says N. Korea’s Paralympic Participation Can Improve Disability Rights

Ex-U.N. Ambassador Says N. Korea’s Paralympic Participation Can Improve Disability Rights

GANGNEUNG, South Korea, March 7 (Korea Bizwire) – Oh Joon, former South Korean Ambassador to the United Nations, said Wednesday he believes North Korea’s participation in the PyeongChang Winter Paralympics can be an opportunity to improve the rights of disabled people. Oh, who served as South Korean representative to the U.N. from 2013 to 2016, made his remarks at the Korea Paralympic Committee International [...]

S. Korean Military to Press Ahead with Joint Drills with U.S. This Year

S. Korean Military to Press Ahead with Joint Drills with U.S. This Year

SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s defense ministry affirmed Tuesday that the country’s troops will conduct combined command-post drills with the United States this year despite Olympics-driven rapprochement with North Korea. The allies will hold the Key Resolve (KR) and the Ulchi Freedom Guardian (UFG) exercises in order to develop their so-called 4D [...]

Seoul Approves Fund to Pay N. Korea’s Olympic Bills

Seoul Approves Fund to Pay N. Korea’s Olympic Bills

SEOUL, Feb. 14 (Korea Bizwire) — South Korea on Wednesday approved a plan to use a government fund to support North Korea’s participation in the PyeongChang Winter Olympics, officials said. The South and North Exchange and Cooperation Promotion Council passed $2.64 million (2.86 billion won) in spending from the government budget for inter-Korean cooperation to [...]