Inter Korea trade and exchange

Last week, the Choson Ilbo reported on trade, tourism and other exchanges between the two Koreas:

The number of [South Korean] tourists to North Korea plunged more than 60 percent last month following the shooting death of a South Korean tourist at Mt. Kumgang resort.

The Unification Ministry says the number dropped to about 21,000, almost a 20 percent decrease from July of last year. The resort was closed after the shooting.

The amount of trade between the Koreas also dropped 1.5 percent from last year.

Although commercial transactions at the jointly-operated Kaesong Industrial Complex in the North increased more than 28 percent year on year, non-commercial transactions, such as aid to the North, plunged more than 80 percent.

Read more here:
Tourism to N. Korea Drops 60% in July
Choson Ilbo
8/18/2008

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One Response to “Inter Korea trade and exchange”

  1. […] projects on the west coast (Kaesong Industrial Zone and Kaesong tourism) remained unaffected.¬† The Kaesong Industrial Zone, the most ambitious and risky joint-Korean project, has continued to rec…, and the Kaesong tours have grossed the North Korean government nearly $10 million since the […]