Inter-Korean Meeting Held
KCNA
Seoul, August 28 (KCNA Correspondent) -- The sixth meeting of the North-South Committee for the Promotion of Economic Cooperation was held in Seoul from August 26 to 28.
At the meeting both sides shared the view that the north and the south can solve any problem successfully if they pool their strength and wisdom and proposed future action program of the committee and practical ways and discussed them.
An agreement was adopted today.
The agreement says:
First, the north and the south shall actively promote the project for reconnecting the rail and road links and finish by the end of this year the projects of constructing railways between Onjong-ri and Jojin on the east coast and between Kaesong and Munsan on the west coast and laying roadbed between them in the first phase.
To this end, the south side shall make efforts for an earlier provision of equipment and materials for the projects of reconnecting rail and road links on the east and the west coasts.
Second, the north and the south shall positively cooperate with each other to help start the construction of infrastructural network when the master plan for the first-phase development area of the Kaesong Industrial Zone is completed and institute and declare detailed regulations related to it and develop the zone in such a way as to ensure international economic competitiveness.
Third, the north and the south shall take necessary measures to reenergize the tour of Mt. Kumgang and actively cooperate with each other to have full agreements reached between those businessmen in charge of sea tour, overland tour and the development of tourist zone.
Fourth, the north and the south shall take positive measures for the effectuation of the follow-up measures to implement the four agreements on the institutional guarantee for economic cooperation and the north-south agreement on sea transport and the conclusion of a supplementary agreement.
In this regard both sides shall hold the third meeting of the Arrangement-Making Panel for Economic Cooperation and the third working-level contact on sea transport simultaneously around early in October.
Fifth, the north and the south shall promote the discussion of the agreement on the River Rimjin flood control measures now under discussion by way of exchanging documents and take specific measures for flood control.
Sixth, the north and the south shall expand the direct goods and bonded processing transactions between the north and the south and take practical measures such as opening a channel for discussion in this regard at an early date.
Seventh, the north and the south shall work together to realize the visit to the north by the south side's economic study group and the visit to the south by the north side's working economic study group at an appropriate time.
Eighth, the north and the south shall cooperate with each other as regards the food aid and the confirmation of its distribution on the spot under the agreement reached at the fifth meeting of the committee.
In this regard visiting groups, each having 5-7 members, shall visit three places in the east and west coastal areas within September for the confirmation of the distribution of 100,000 tons of food already provided.
Ninth, both sides agreed to hold the seventh meeting of the committee in Pyongyang toward the end of October.
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