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‘Unification Medals’ to Fund Humanitarian Programs with North Korea

‘Unification Medals’ to Fund Humanitarian Programs with North Korea

SEOUL, Aug. 11 (Korea Bizwire) – KOMSCO (the Korea Minting and Security Printing Corporation) unveiled ‘Unification Medals’ Thursday ahead of the 71st Liberation Day, celebrated yearly on August 15.  The medals come in four different types: a gold medal (62.2g gold; 5.5 million won), gold-silver medal (7.5g gold, 1kg silver; 2.97 million won), silver medal [...]

S. Korea Rejects Bartering with N. Korea

S. Korea Rejects Bartering with N. Korea

SEOUL, Dec. 17 (Korea Bizwire) – South Korea won’t accept North Korea’s demands simply to achieve its goal of regular reunions for families separated in the 1950-53 Korean War, Seoul’s point man on Pyongyang said Thursday. Unification Minister Hong Yong-pyo was referring to Pyongyang’s demand that the two sides resume a long-stalled tour program to [...]