March 19, 2024
News

Seoul reiterates KIC funds N.Korean missile, nuclear program

Despite President's remarks and additional statement, evidence remains unclear

The South Korean government again argued on Tuesday that money from the Kaesong Industrial Complex (KIC) was used for North Korea's nuclear program and missile development, with the allegation this time coming from President Park Geun-hye.

Park told lawmakers on Tuesday morning at the National Assembly about the necessity of blocking the flow of funds into the KIC to prevent North Korea from improving its nuclear and missile capacities.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.