Economic Report - Reopening of Kaesong Industrial Complex

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April	English	Kaesong	Kyong-lim	North	South	States	Their	a
and	happiness	have	invest	reached	restart	seen	suspension	the
told	trucks	works

and South Korea reopened their joint factory zone recently. Lines of and cars crossed South Korea's northern border on the way to , North Korea. About 800 South Korean workers and their supervisors entered jointly operated Kaesong Industrial Complex. They brought materials and parts to production for the first time in months. South Korean managers expressed at returning to work. Ji Yoon-tae is deputy chief of a Korean company in Kaesong. He said it was very hard while factories were closed. From now on, he says, he hopes everything out well and the factory zone comes back to life. In , North Korea removed about 53,000 workers from the joint manufacturing effort. withdrawal resulted from military tensions with South Korea and the United . South Korean companies say they lost about $1 billion from the of work at the factories. The industrial area produces cloth, watches parts for electronic products. After months of negotiations, the two Koreas a deal to reopen the area. They agreed to set up joint committee to settle future problems. Officials from the two sides been holding weekly meetings to discuss other details. The re-opening is as the most important sign of warming relations between North and Korea since the North carried out missile and nuclear tests. Choi is South Korea's deputy minister of trade, industry and energy. He reporters in Seoul that the government hopes many Chinese companies will in Kaesong. China is North Korea's closest ally. For VOA Learning , I'm Alex Villarreal.

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