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Regulations on Establishment and Operation of Kaesong Industrial Zone Management Institution Adopted

KCNA

    Pyongyang, December 17 (KCNA) -- The Presidium of the DPRK Supreme People's Assembly in its decision adopted the regulations on the establishment and operation of the Kaesong Industrial Zone Management Institution. The decision dated Dec. 11, Juche 92 (2003) consists of 21 articles.
    The regulations will contribute to increasing the function and role of the Kaesong Industrial Zone Management Institution by setting up a strict system and order in its establishment and operation.
    The regulations specify provisions including the status of the founder of the management institution and that of its general manager, the qualifications and conditions to become a member of the institution, the application for the registration of the management institution, its duty and the fund for its operation.