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Home >> World
UPDATED: 17:46, April 03, 2007
Inter-Korean industrial complex to benefit from FTA with U.S.: PM
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South Korean Prime Minister Han Duck- soo said Tuesday that the inter-Korean industrial complex in the Democratic People's Republic of Korea (DPRK) will benefit from a free trade agreement between South Korea and the United States.

South Korea and the United States have cleared the way for treating goods produced in the Inter-Korean Industrial Complex in DPRK's Kaesong as made in South Korea, South Korea's Yonhap News Agency quoted Han as saying.

"The media reports that the Kaesong Industrial Complex was put on as a 'built-in' agenda are not true," Han, who took office early in the day, told reporters.

A "built-in" agenda refers to a negotiating scheme for sensitive issues in which the countries involved agree to put them on hold and discuss them in the future.

The agreement is in line with South Korea's constitution that its territory is the entire Korean Peninsula, and it does not recognize DPRK as a state, Yonhap quoted Han as saying.

The South Korean government will make public all of the contents of the FTA in mid-May when it is expected to be completed, and all the documents related to the agreement will be released three years later, Han told reporters.

Officials of South Korea and the United States announced Monday in Seoul that they have reached a final pact of the FTA. The FTA needs to be approved by the parliaments of the two nations before it takes effect.

According to South Korea's Unification Ministry, 11,160 DPRK workers are employed in 21 labor-intensive South Korean firms in Kaesong's inter-Korean industrial complex.

Source: Xinhua


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