Vehicles believed to be carrying South Korean officials cross the border into North Korea on Wednesday - as progress towards reopening a jointly run industrial park continues. They're coming here, to the Kaesong complex, which has been shut for several months. The two sides are discussing steps to reopen the facility, with over 100 South Korean officials and businessmen visiting the site. This South Korean delegate said this was the first step towards building trust, adding that talks centred on the normalisation of Kaesong's operations. An inspection of the facility was also part of the visit, amid concerns that heavy rains may have affected operations and raw materials. The visit is the first since April when North Korea closed the complex, withdrew all of its 53,000 workers, and banned South Korean firms from crossing the border. The closure came amid rising tensions between Seoul and Pyongyang, when the North threatened strikes against the South and the United States after the U.N. imposed tough sanctions for conducting a nuclear test.
July 10 - South Korean delegates, businessmen and officials cross to North Korea to discuss opening the jointly run Kaesong Industrial Park. Simon Hanna reports. ( Transcript )
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.