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
- 01Empty shelves and food shortages: Why things are looking grim in North Korea
- 02A titan among trucks: What North Korea’s ‘monster’ Hwasong-16 TEL really means
- 03North Korea building ‘youth theaters’ for political rallies, ping-pong and music
- 04Cyberwarfare will reshape Biden’s traditionalist approach to North Korea
- 05Who are Biden’s potential advisors, and how will they affect North Korea policy?
- 06Biden will fix the US-ROK alliance, but his agenda conflicts with Moon’s dreams
- 07Ri Son Gwon’s demotion teases major leadership changes at Party Congress
- 08Four years of Biden: Less summitry, more realistic plans for North Korea’s nukes