Posted Date: 10/01/2019
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The South Korean economy faces difficulties to seize the opportunity to cooperate with North Korea.

The South Korean economy faces difficulties to seize the opportunity to cooperate with North Korea

At the New Year's press conference on January 10, Wen Zai said that the Korean economy faces structural problems, and the economic cooperation between the DPRK and the ROK will provide tremendous impetus.

South Korean President

South Korean President Wen Zai held a 2019 New Year press conference at the Qingwatai Guest House. Wen Zai said that the Korean economy faces structural difficulties, and economic cooperation between the DPRK and the ROK will provide tremendous impetus. He also said that once the sanctions against the DPRK are lifted, international capital will compete for the North Korean market, and South Korea should take the lead.

Wen Zai said that the Korean economy is now facing structural problems, and the scene of high-speed growth in the past cannot be reproduced. "Opportunities like the DPRK-ROK economic cooperation are unique to us. This is a blessing prepared for us."

Wen Zai said that when it comes to economic cooperation between the DPRK and the ROK, there is a misunderstanding of "Korea's free aid to North Korea." In fact, taking the Kaicheng Industrial Park as an example, although North Korean workers can also get wages and salaries, Korean companies will undoubtedly benefit more and will also greatly help the Korean economy.

After the international community lifted sanctions against the DPRK, North Korea will open its economy and engage in infrastructure construction. By then, international capital will compete to enter the North Korean market." Wen Zai stressed that "Korea should seize the opportunity to ensure leadership and not miss opportunities. ”

Wen Zai went on to say, “At present, due to the sanctions, it is impossible to act immediately. However, once the sanctions are lifted, it is necessary to conduct pre-investigation and research work as soon as possible.

The South Korean economy faces difficulties to seize the opportunity to cooperate with North Korea


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