S. Korea to spend over USD$3 million on KIC joint liaison office this year: MOU | NK News
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November 04, 2024
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S. Korea to spend over USD$3 million on KIC joint liaison office this year: MOU

Funds will "contribute to round-the-clock dialogue" with the North, unification ministry says

Seoul has approved close to KRW3.5 billion (USD$3.1 million) in funding for the operation of an inter-Korean joint liaison office at the now-shuttered Kaesong Industrial Complex (KIC) this year, the South Korean Ministry of Unification (MOU) announced on Thursday.

The bill was passed at the 295th Inter-Korean Exchange and Cooperation Promotion Council, held between August 6 and 14, the ministry said in a written statement.

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