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Inter-Korean Economic Meeting Held

Korean Central News Agency of DPRK via Korea News Service (KNS)

   Seoul, December 6 (KCNA Correspondent) -- The first meeting of the north-south committee for economic cooperation was held in Seoul from Tuesday through Thursday.
    Present there were members of the north side's delegation led by Jon Sung Hun, vice-premier of the Cabinet who is chairman of the north side to the committee, and members of the south side's delegation with Kwon O Gyu, deputy prime minister and minister of Finance and Economy who is chairman of the south side to the committee, as chief delegate.
    Both sides at the meeting adopted an agreement after discussing specific issues arising in actively boosting the economic cooperation projects for the balanced development of national economy and co-prosperity according to the historic Oct. 4 declaration and the agreement reached at the north-south premier talks.
    According to the agreement, both sides agreed to positively propel the reconstruction projects of Kaesong-Pyongyang Motorway and Kaesong-Sinuiju railways for jointly using the road and railroad on the west coast and reenergizing the freight transport.
    They also agreed to cooperate with each other in different fields including the building of the zones for cooperation in shipping industry in Anbyon and Nampho areas, use of the sea route for direct sailing to Haeju by civilian ships, the revitalization of projects in the Kaesong industrial zone, the development of resources, agriculture, fishery, public health and environmental protection.
    They decided to hold the second meeting of the north-south committee for economic cooperation in Pyongyang in the first half of 2008.