RoK pledges to work for resumption of economic cooperation with DPRK

President of the Republic of Korea (RoK) Moon Jae-in on February 25 announced that his country will work hard to prepare for the resumption of economic cooperation with the Democratic People’s Republic of Korea (DPRK), stressing the need for the RoK to help the latter escape poverty.
President of the Republic of Korea (RoK) Moon Jae-in (Photo: AFP/VNA)
President of the Republic of Korea (RoK) Moon Jae-in (Photo: AFP/VNA)

Speaking at a weekly meeting with his aides in Seoul, the RoK leader said that if the DPRK opens up its economy, its neighbouring countries, international organisations and global funds will engage in the process.

He further stated that during the process, the RoK should not lose its role as pioneer, but master its destiny in the Korean Peninsula.

Moon’s announcement came one week after he offered the resumption of RoK-DPRK economic cooperation as part of measures that the US may offer to the DPRK in exchange for denuclearisation.

In a latest development, the UN Security Council Sanction Committee on North Korea allowed three international organisations to transport goods to the DPRK for humanitarian assistance programmes. They are the World Health Organisation (WHO), Ireland’s Concern Worldwide, and Germany’s Welthungerhilfe.

The organisations presented plans to bring goods to the DPRK which were subsequently approved. These included washing equipment, and radiation testing and telecommunications devices from the WHO to use in their offices; as well as food and production equipment from Welthungerhilfe. 

However, the committee will not announce a specific list of the goods and their values.

So far, a total of 15 projects for the DPRK have received approval, including those from UNICEF, the Eugene Bell Foundation, and the International Federation of Red Cross and Red Crescent Societies. The list of projects is available at the committee’s website. 

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