N Korea pressures South by shutting key industrial zone

  • 11 years ago
North Korea has closed access to a joint factory zone with South Korea jeopardising a crucial source of commerce and investment.

The Kaesong industrial zone has major symbolic value for both North and South Korea. It generates cash for the North and acts as beacon for the economic prosperity of the South inside the grim, centrally planned North Korean economy where jobs are scarce.

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