North Korea has unveiled a new law that would allow foreign investors to invest in a mountain resort once operated exclusively by a South Korean corporation. The law calls for transforming Mount Kumgang into a special zone for international tours. It also ends Hyundai Asan’s monopoly over the resort, which attracted scores of South Korean […]
Pyongyang Strips South Korean Firm of Tourist Mountain Monopoly
Seoul Acknowledges Secret Beijing Meeting With North Korea
South Korea has acknowledged its officials attended a secret meeting with North Korean officials in Beijing, but challenged details in Pyongyang’s account of the meeting. Unification Minister Hyun In-taek was questioned about the meeting in parliament Thursday, a day after the North’s official KCNA news agency provided an account of last month’s meeting. KCNA said […]
North Korea Claims South Secretly Offered Series of Summits
North Korea says it has turned down a secret proposal from its southern neighbor for a series of three summit meetings to be held over the next 10 months. The North’s official Korean Central News Agency reported the offer Wednesday, saying it was made on May 9 at a previously undisclosed meeting in Beijing. It […]
North Korea Claims South Secretly Offered Series of Summits
North Korea says it has turned down a secret proposal from its southern neighbor for a series of three summit meetings to be held over the next 10 months. The North’s official Korean Central News Agency reported the offer Wednesday, saying it was made on May 9 at a previously undisclosed meeting in Beijing. It […]
South Korean Military Bans Kim Jong Il Images in Target Practice
South Korea’s defense ministry says it will instruct training centers not to use images of North Korean leader Kim Jong Il and his family as targets at their shooting ranges. The Chosun Ilbo newspaper says some units have been using pictures of Mr. Kim, his late father, North Korean founder Kim Il Sung, and Mr. […]