According to a ministry official, a total of 66 companies have asked to borrow government money on a 2 percent interest rate. The ministry began reviewing 155 applications on Aug. 2, the official added.
- China bolsters regional clout as North Korea extends survival: experts
- N. Korean leader gives Carter cold shoulder in possible message to U.S.
- N. Korean leader in China to clinch deal on successor: analysts
- Lee's speech hints at no change in N. Korea policy
- South Korea comes away with a partial victory at ARF
- Obama gives political 'gift' to Seoul, may hope for trade deal in return
- N. Korea's exit strategy may be hidden in foe's words
- Wind of animosity gusts across peninsula, swinging S. Korean voters
- Is there way out of chicken game on Korean Peninsula?
Home > NorthKorea
2010/09/04 10:50 KST
Banned S. Korean traders with N. Korea apply for government loans
SEOUL, Sept. 4 (Yonhap) -- South Korean companies hampered by Seoul's ban on their trade with North Korea have signed up for government loans amounting to 17.4 billion won (US$14.8 million), the unification ministry here said Saturday.
According to a ministry official, a total of 66 companies have asked to borrow government money on a 2 percent interest rate. The ministry began reviewing 155 applications on Aug. 2, the official added.
According to a ministry official, a total of 66 companies have asked to borrow government money on a 2 percent interest rate. The ministry began reviewing 155 applications on Aug. 2, the official added.
