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News North Korea Threatens Closure of Kaesong Industrial ComplexDevelopment comes amid South Korean threats of "preemptive strikes" on North Korea North Korea made a fresh threat to close down the Kaesong Industrial Zone and turn it back into a “military zone” if South Korea enforces UN sanctions on items made there. The development came amid tensions that have increased daily following speculation of an imminent North Korean nuclear test. A North Korean spokesman for the National Economic Cooperation Committee hit back at the South Korean Minister of Unification, who told the National Assembly on February 4 that there needed to be an “effective implementation of the UN resolution on sanctions against the North” and “corresponding payment be imposed upon the banned goods [from the Kaesong Industrial Zone / KIZ].” © Korea Risk Group. All rights reserved. |