Two Koreas finally reach Kaesong minimum wage agreement | NK News
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December 29, 2024

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Two Koreas finally reach Kaesong minimum wage agreement

South, North decide on increase of 5 percent, following months of brinksmanship, stalled negotiations

North and South Korea have agreed on increasing the minimum salary of Kaesong Industrial Complex workers by 5 percent from $70.35 a month to $73.87.

Wages for July will be paid according to the new agreement.

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