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
- 01North Korea’s Central Bank: lender, regulator, and inflation fighter
- 02The “silent war”: Kim Jong Un’s battle for North Korean hearts and minds
- 03In review: inter-Korean relations, prospects for change since the Hanoi summit
- 04North Korean criticism of U.S. for joint drills could signal bigger policy shift
- 05The View from Jingshan: anniversary of Sino-DPRK ties passes without a summit
- 06North Korea in October 2019: a month in review and what’s ahead
- 07What to make of North Korea’s third successful MRLS test this year
- 08North Korean media coverage of the October 31 weapons test: some oddities