North Korea scraps all economic cooperation with South Korea

North Korean leader Kim Jong Un attends the 10th Session of the 14th Supreme People's Assembly of the Democratic People's Republic of Korea, at the Mansudae Assembly Hall, in Pyongyang, North Korea, January 15, 2024. KCNA via REUTERS/ File photo

SEOUL (Reuters) -North Korea's Supreme People's Assembly has voted to scrap all agreements signed with South Korea on promoting economic cooperation, the North's official KCNA news agency reported on Thursday, as the two Koreas' relations continue to deteriorate sharply.

The assembly, which takes formal steps to adopt policy dictated by the ruling Workers' Party, also voted to abolish laws governing economic ties with Seoul, including the special law on the operation of the Mount Kumgang tourism project.