March 29, 2024
News

Seoul reiterates the need for increased inter-Korean fund, undisclosed budget

Unification ministry maintains disclosure of budget may decrease its bargaining power in inter-Korean negotiations

The South Korean Ministry of Unification (MOU) on Thursday defended the need for an increased Inter-Korean Cooperation Fund and an “undisclosed budget” for economic cooperation.

The unification ministry said that the National Assembly and media have raised several issues during the course of the National Assembly's deliberations on next year's budget proposal and fund management plan.

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