The Panmunjom Declaration stated that North and South Korea “agreed to actively implement the projects previously agreed in the 2007 October 4 Declaration, in order to promote balanced economic growth and co-prosperity of the nation.”

Recent events suggest that in spite of the restrictions, the two Koreas are actively pursuing negotiations towards economic cooperation vis-à-vis transportation corridors, particularly following the recent visit of Moon Jae-in to Moscow.

This analysis agrees that the easing of UNSC sanctions are a vital lifeline towards fostering greater inter-Korean economic cooperation, and that recent discussions regarding the cultivation of transportation links