South Korean President Moon Jae-in orders joint research effort for inter-Korean economic cooperation

Posted on : 2018-05-01 17:25 KST Modified on : 2019-10-19 20:29 KST
President Moon reportedly gave Kim a pamphlet and USB device regarding a “new economic vision”
President Moon Jae-in speaks to North Korean leader Kim Jong-un as the two take a friendly stroll across a pedestrian bridge in Panmunjeom during their summit on Apr. 27.
President Moon Jae-in speaks to North Korean leader Kim Jong-un as the two take a friendly stroll across a pedestrian bridge in Panmunjeom during their summit on Apr. 27.

South President Moon Jae-in ordered a joint inter-Korean research effort to examine future economic cooperation ahead of the anticipated lifting of international sanctions against North Korea following an upcoming North Korea-US summit, which will follow up the inter-Korean summit that was held on Apr. 27.

Speaking on Apr. 30 at the first Blue House senior secretaries’ and aides’ meeting since the inter-Korean summit, President Moon said he “look[ed] forward to us being able to carry out a joint inter-Korean research effort for implementation of the Oct. 4 Summit Declaration [of 2007] and inter-Korean economic cooperation,” a key Blue House official reported.

“He was saying we need joint research to examine what kinds of economic cooperation the South and North can engage in ahead of [sanctions against North Korea] being lifted,” the official explained.

During their summit, President Moon also personally gave North Korean leader Kim Jong-un a pamphlet on his “new economic vision” and a USB device containing a presentation video, the Blue House reported.

The materials reportedly contained details on power plant construction and other economic cooperation measures that could be implemented once inter-Korean relations gain momentum and sanctions against North Korea are lifted.

During the Apr. 30 meeting, President Moon described the Panmunjeom Declaration as “a peace declaration proclaiming to the world that there will be no more threat of war or nuclear weapons on the Korean Peninsula.”

“We need to turn the era of peace and prosperity for the Korean Peninsula into irreversible history,” he declared.

By Seong Yeon-cheol, staff reporter

Please direct questions or comments to [english@hani.co.kr]

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