S. Korea to extend loans to companies under trade restrictions with DPRK
18:32, July 26, 2010

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The loans amount to 60 billion won (50 million U.S. dollars) and each company can lend 700 million won with a two percent interest rate, based on their trading records last year, unification ministry spokesman Chun Hae-sung told reporters in a press briefing.
The trade restrictions were put in place on May 24, when Seoul announced a slew of punitive measures against Pyongyang for sinking the South Korean warship in March. Hundreds of companies have been subject to the ban.
Source: Xinhua
(Editor:张茜)

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