S. Korea eases ban on products processed in NK - The Korea Times

S. Korea eases ban on products processed in NK

By Kang Hyun-kyung

Staff reporter

The Ministry of Unification lifted ban Tuesday on the shipment of four types of finished products, including 20 tons of garlic and garments, which completed consignment processing in North Korea, to South Korea.

It was the first time for Seoul to allow a shipment of products that had completed the consignment processing in North Korea since the ministry imposed a ban on their products in May.

The restriction was eased a day after the government announced a set of retaliatory measures after a multinational investigation team concluded that North Korea torpedoed the South Koran warship Cheonan.

Part of the package measures included a plan to halt inter-Korean trade.

The ministry said it would apply the rules of the trade embargo case by case, hinting that some products will be allowed.

The government took the measure in the face of mounting complaints from South Korean businesses, mostly small manufacturing firms, whose business partners are North Koreans.

These firms have suffered from the mounting tensions on the divided Korean Peninsula in the wake of the sinking of the corvette Cheonan in March as the North's provocation has led to the South's trade retaliation.

The Korea Logistics Forum, an association of businesses dealing with inter-Korean trade, estimated that the total losses these firms will record as a result of the trade ban will reach around 6 trillion won.

Owners of the firms sat down Tuesday to discuss possible solutions that would help them hedge their losses.

They requested the unification ministry to compensate them, but so far the government has remained silent to their demands.

Kang Hyun-kyung

I am an editorial writer at The Korea Times, focusing on foreign policy, North Korea and domestic politics. My key areas of interest include North Korea, foreign interference in elections, election integrity, cyberattacks and human rights. Prior to joining the Editorial Board, I served as both Politics Desk editor and Culture Desk editor. During my career, I have reported on the Presidential Office under the Lee Myung-bak administration, the Ministry of Foreign Affairs and the National Assembly.

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