September 26, 2023

“May 24” sanctions no longer a barrier to inter-Korean cooperation: MOU

South Korean official admits that unilateral sanctions have "lost their effect"

South Korea's so-called "May 24" Measures should no longer be viewed as a barrier to inter-Korean cooperation, a spokesperson for the country's Ministry of Unification (MOU) said on Wednesday, referring to a body of unilateral sanctions Seoul imposed against North Korea in 2010.

But the remarks, unexpectedly released by the ministry amid an ongoing lull in inter-Korean cooperation, do not constitute an official end to the ROK's unilateral sanctions regime, NK News has confirmed.