South Korea says will provide financial support for Kaesong firms


  • World
  • Friday, 10 Nov 2017

FILE PHOTO: The inter-Korean Kaesong Industrial Complex is seen in this picture taken near the truce village of Panmunjom in Paju, about 55 km (34 miles) north of Seoul April 23, 2013. REUTERS/Lee Jae-Won/File Photo

SEOUL (Reuters) - South Korea will provide additional financial support for companies that formerly operated at the now shut-down Kaesong industrial complex inside North Korea, Seoul's Ministry of Unification said on Friday.

The ministry said financial support would total 66 billion won (£44.94 million) for 174 companies that had been affected by the closing of the complex in February last year after South Korea pulled out of the joint venture in response to the North's nuclear and missile tests.

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