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Lotte Tourism has reportedly decided to accept an offer from North Korea to operate tours to the border town of Kaesong after the Stalinist country fell out with its original South Korean partner, Hyundai Asan.
In a fax earlier this week, Pyongyang told Lotte it would ditch the Hyundai Group, which had already started a trial run when it incensed Pyongyang by firing the Asan top executive who had for many years been its point man in negotiations with the North. The North told Lotte it could make the offer public if it wants.
Lotte has not officially announced its decision out of consideration for Hyundai Asan, but Korea¡¯s biggest travel operator reportedly made an internal decision to accept.
Lotte Tourism president Kim Ki-byung is reportedly to visit Pyongyang for direct negotiations with the North between Oct. 22 and 25.
(englishnews@chosun.com )
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