Trade between North and South Korea fell over 99 percent in March, following the closure of the Kaesong Industrial Complex (KIC) in February, figures from the Korean International Trade Association (KITA) show.
After Seoul called the project to a halt in response to the DPRK's nuclear and ballistic missile tests, both imports and exports crashed from totals of over $100 million in January to just over to only a fraction of that by March. Figures for the more recent months have not yet been made available.
Trade between North and South Korea fell over 99 percent in March, following the closure of the Kaesong Industrial Complex (KIC) in February, figures from the Korean International Trade Association (KITA) show.
After Seoul called the project to a halt in response to the DPRK's nuclear and ballistic missile tests, both imports and exports crashed from totals of over $100 million in January to just over to only a fraction of that by March. Figures for the more recent months have not yet been made available.
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