Gov't Promises Subsidies for Inter-Korean Projects

  • By Lee Yong-soo, Shon Jin-seok

    September 15, 2021 13:36

    The government on Tuesday announced a package of steps to boost inter-Korean cooperation and aid projects even though the North Korean regime has not expressed the slightest interest.

    It urged all provincial governments to think up cross-border projects that will qualify for subsidies from the W1.24-trillion inter-Korean cooperation fund.

    In a session of the National Assembly Tuesday, Unification Minister Lee In-young also stressed the need to ease sanctions against the North and be "flexible."

    The announcement comes just days after the North tested two long-range cruise missiles that evaded South Korean detection.

    With their range of 1,500 km, they could strike any target in South Korea and Japan while avoiding anti-missile defense systems.

    Asked if there will be any change to the cooperation drive after the launch, a Unification Ministry spokesperson said, "The government has always maintained the position that humanitarian cooperation to help North Korean people should be pursued regardless of the political and military situation. And there's no change to that position." 

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