North Korea says to Reopen Kaesong Factory Park

{{North Korea said on Wednesday it was reopening the shuttered Kaesong industrial zone run jointly with the South to South Korean businesses and proposed new talks on normalizing the troubled project to be held next week.}}

The North’s Committee for the Peaceful Reunification of Korea, which handles Pyongyang’s ties with Seoul, said the safety of South Koreans visiting the factory park will also be guaranteed in a statement carried by KCNA news agency.

The statement came about 90 minutes after South Korea announced steps to compensate its firms that operate factories in Kaesong for losses due to the suspension, a step widely seen as a move towards shutting down the rivals’ last symbol of cooperation.

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