According to Yonhap:
South Korea began examining applications for low-interest loans Monday for companies troubled by a government ban on trade with North Korea, an official said.
The measure is part of the South Korean government’s efforts to alleviate the financial troubles of private enterprises that had to stop trading with North Korea after Seoul announced in May that Pyongyang was responsible for the March 26 sinking of its warship.
North Korean firms are moving business to China.
Read the full story here:
S. Korea launches support for companies banned from trading with N. Korea
Yonhap
8/2/2010
