May 05, 2024
News

Two Koreas discussing visit by South Korean businesspeople to Kaesong: MOU

Visit would be first by former KIC CEOs since plant's closure in February 2016

Seoul and Pyongyang are discussing the possibility of a visit to North Korea by former owners of businesses at the now-shuttered Kaesong Industrial Complex (KIC), the South Korean Ministry of Unification (MOU) announced on Wednesday.

The businesspeople have not been allowed to visit their factories since the suspension of operations at the inter-Korean industrial park in February 2016 in the wake of North Korea’s fourth nuclear test and launch of the Kwangmyongsong-4 satellite.

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