South Korea is hoping set up a number of international cooperation projects with neighboring countries in East Asia, including North Korea, members of the advisory council on state affairs said today in a major policy report.

At a special briefing session at the Blue House, the council announced what it called a “new economic map of Korean Peninsula,” consisting of three different economic belts around the Korean Peninsula, the seas to the east and west of Korea, and the DMZ.

The “Trans-East sea economic belt” is an energy and resource belt that will run along the coast of the Sea of