Inter-Korean economic cooperation: more myth than reality?
Any future projects will likely need to be tied to concrete action towards denuclearization
The Panmunjom Declaration stated that North and South Korea “agreed to actively implement the projects previously agreed in the 2007 October 4 Declaration, in order to promote balanced economic growth and co-prosperity of the nation.”
Recent events suggest that in spite of the restrictions, the two Koreas are actively pursuing negotiations towards economic cooperation vis-à-vis transportation corridors, particularly following the recent visit of Moon Jae-in to Moscow.
This analysis agrees that the easing of UNSC sanctions are a vital lifeline towards fostering greater inter-Korean economic cooperation, and that recent discussions regarding the cultivation of transportation links
- 01No matter what Biden does, North Korea will still accuse him of ‘hostile policy’
- 02Why South Korea’s Democrats are still the best of a bad bunch for North Korea
- 03Kim Jong Un’s battle with teen spirit, foreign media and bureaucracy goes public
- 04The US policy review is finished, but it’s same old, same old to North Korea
- 05Timeline: From Kim Jong Un’s famine reference to a signed cost-sharing deal
- 06Why South Korea can’t stop — and won’t stop — its North Korea outreach
- 07What we lost with North Korea’s dwindled expat population: A diplomat’s account
- 08How Russia and the US could work together on North Korea denuclearization