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North Korea raises issue of Mount Geumgang complex again
Posted : 2020-12-20 15:35
Updated : 2020-12-20 19:18
North Korean Premier Kim Tok-hun, center, speaks during his visit to the formerly jointly-run resort complex on Mount Geumgang in this photo released by the North s Korean Central News Agency, Sunday. Yonhap
By Yi Whan-woo
North Korea s top economic policymaker re-affirmed Sunday the country s commitment to develop an abandoned inter-Korean resort complex on Mount Geumgang on its own, fueling speculation over the motive behind the statement.
South Korean analysts say such a reaffirmation is associated with the eighth congress of the Workers Party of Korea (WPK) to be held in January, during which a new five-year economic development plan is expected to be announced
North Korean leader tightens control amid faltering economy
Posted : 2020-12-20 16:32
By Kang Seung-woo
North Korean leader Kim Jong-un has stepped up a wide range of efforts to strengthen his grip on power, as the reclusive state s current unfavorable conditions, dented by COVID-19 and its bleak economy, are feared to pose a threat to the regime s survival.
The totalitarian state recently passed new laws, including those on foreign culture and telecommunications, and has carried out executions related to the pandemic. Pyongyang watchers believe such steps are mainly aimed at stopping possible cracks in the rent-seeking North Korean elite, who have fallen victim to decreased cross-border trade with China since the pandemic began.
North Korea raises issue of Mount Geumgang complex again
Posted : 2020-12-20 15:35
Updated : 2020-12-20 19:18
North Korean Premier Kim Tok-hun, center, speaks during his visit to the formerly jointly-run resort complex on Mount Geumgang in this photo released by the North s Korean Central News Agency, Sunday. Yonhap
By Yi Whan-woo
North Korea s top economic policymaker re-affirmed Sunday the country s commitment to develop an abandoned inter-Korean resort complex on Mount Geumgang on its own, fueling speculation over the motive behind the statement.
South Korean analysts say such a reaffirmation is associated with the eighth congress of the Workers Party of Korea (WPK) to be held in January, during which a new five-year economic development plan is expected to be announced
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