ID :
190371
Wed, 06/22/2011 - 12:46
Auther :
Shortlink :
https://oananews.org//node/190371
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9 pct of goods from inter-Korean industrial park sold abroad
SEOUL, June 22 (Yonhap) -- The government said Wednesday that 9 percent of goods produced at an inter-Korean industrial park in the North Korean border town of Kaesong were sold abroad, while the rest were consumed in South Korea.
Since the Kaesong park produced its first goods in December 2004, it has made US$1.22 billion worth of products as of March this year, according to the Unification Ministry, which handles inter-Korean affairs.
Of that amount, exports to other countries, including Australia, the European Union and Russia, accounted for some $110 million, with textiles accounting for the majority, it said.
The figures came after U.S. President Barack Obama recently issued an executive order banning the direct and indirect entry of North Korean goods, ahead of the ratification of a free trade pact with South Korea. The move is seen as being partly aimed at banning imports from the industrial park in Kaesong.
hague@yna.co.kr
Since the Kaesong park produced its first goods in December 2004, it has made US$1.22 billion worth of products as of March this year, according to the Unification Ministry, which handles inter-Korean affairs.
Of that amount, exports to other countries, including Australia, the European Union and Russia, accounted for some $110 million, with textiles accounting for the majority, it said.
The figures came after U.S. President Barack Obama recently issued an executive order banning the direct and indirect entry of North Korean goods, ahead of the ratification of a free trade pact with South Korea. The move is seen as being partly aimed at banning imports from the industrial park in Kaesong.
hague@yna.co.kr
