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S. Korea Firm in Inter-Korean Complex Folds

A South Korean company operating at an inter-Korean industrial complex in the North Korean border city of Kaesong is going out of business. This will be the first time a South Korean firm at the joint industrial complex has had to close its business because of financial pressure. South Korea’s Ministry of Unification announced Thursday that the South Korean company had submitted its intent to disband to the Kaesong Industrial District Management Committee, which manages the...

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