Benjamin Katzeff Silberstein
Reports Yonhap, with comments by ever-optimistic Hyundai Asan officials:
The head of Hyundai Group on Monday expressed reservations about any quick resumption of a stalled tour program to North Korea’s scenic mountain resort.
“At this point, the situation is difficult for the tour program to be resumed within this year, but I think it will be done in the near future,” Hyundai Chairwoman Hyun Jeong-eun told reporters after returning from Mount Kumgang on the North’s east coast.
She made a two-day visit to Mount Kumgang to celebrate the 20th anniversary of the cross-border tour program.
Earlier in August, Hyun had said she expects the project to be resumed within this year.
She said no detailed discussions on economic cooperation between the two Koreas had been made during her visit.
“We are preparing so that the inter-Korean economic projects can be resumed when the U.S. lifts sanctions,” Hyun said, adding that there is not much for a private enterprise to comment on the matter.
About 100 South Koreans and 80 North Koreans officials, as well as some 500 North Korean residents, attended the first celebratory event in four years at the east coast resort. It was jointly organized by Hyundai Group and the North’s Korean Asia-Pacific Peace Committee, a North Korean body that handles inter-Korean affairs.
Full article:
Tour program to Mount Kumgang unlikely to be resumed this year: Hyundai chief
Yonhap News
2018-11-19
Tags: 2018 sanctions
