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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Seoul vows support for NKorea estate AFP - Monday, May 18 SEOUL (AFP) - - South Korea vowed to do all it could to keep a joint industrial estate in North Korea in operation after the communist state scrapped wage and rent agreements there. ADVERTISEMENT South Korean Unification Minister Hyun In-Taek said Seoul would continue to pursue dialogue with Pyongyang to settle the dispute over the Kaesong estate, which lies just north of the border. "The Kaesong industrial complex is now at a critical juncture," he told a forum here. "But our government will make utmost efforts to ensure its stable development." Hyun called the estate "the last-remaining hope for the future" of the two Koreas and urged Pyongyang to discuss the issue. His remarks followed some media reports that Seoul may consider closing the Seoul-funded industrial park, opened in 2005 as a symbol of reconciliation but which has often been hit by political tensions. On Friday, the North declared all wage and rent agreements with the South "null and void" at the estate and ordered about 100 South Korean companies to leave unless they pay higher salaries and land-use fees. Seoul rejected the North's "unilateral" move, and says the fate of a South Korean manager, detained at the estate since March 30, must be settled before any other negotiations. The South proposed resuming inter-Korean talks Monday to tackle the issue, but Pyongyang has yet to reply, unification ministry spokeswoman Lee Jong-Joo said. "Inter-Korean talks should not stop here," Hyun told journalists ahead of the forum, saying the government planned dialogue "at an appropriate time and appropriate manner." Ties between the two Koreas have worsened since a conservative government took office in Seoul in February 2008 and vowed to link major economic aid to the North's progress in nuclear disarmament. At a rare meeting on April 21, the communist state demanded pay rises for its workers and land-use fees while denying Seoul access to the detained South Korean worker accused of criticising the North. The Seoul government and South Korean businesses have invested 730 billion won (548 million dollars) into the venture since construction began in 2002. More than 38,000 North Koreans work at 101 South Korean firms and produce items such as garments, kitchenware and watches. They are paid around 75 dollars a month, including insurance, but the money goes directly to the North's state bodies, which return only a portion to the workers. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Asia Pacific UN, World Bank pledge SE Asia disaster cooperationAFP - 1 hour 18 minutes ago Brazil's Lula in China to boost tradeAFP - Tuesday, May 19 WHO assembly opens amid flu pandemic fearsAFP - Tuesday, May 19 Indian markets surge on Congress victoryAFP - Tuesday, May 19 Japan reports 135 swine flu cases, closes schoolsAFP - Tuesday, May 19 Enlarge Photo Seoul vows support for NKorea estate Most Popular – Asia Pacific Viewed Popular cereal is a drug, US food watchdog says Astronauts to embark on last Hubble spacewalk Coral Triangle could die by century's end: WWF British store admits it boobed in bra row Australian zoo evacuated after orangutan escape View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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