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North and South Korea Repair Ties

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Hyundai Group Chairwoman Hyun Jungeun's visit to North Korea has lead to the potential strengthening of ties between North Korea and South Korea.

From Kim Sue-young, Korea Times:

The government called a five-point agreement signed between Hyundai Group and North Korea to resume joint projects "positive," Monday, but said a consensus between the governments was needed to implement them.

The reaction came after Hyundai and North Korea's Asia-Pacific Peace Committee agreed to resume joint projects, including tours to Mt. Geumgang in the North.

A five-point press release was signed following a meeting between North Korean leader Kim Jong-il and Hyundai Chairwoman Hyun Jung-eun Sunday.

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Other Related Topics: North Korea , South Korea Investments

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