The move came as Daewha Fuel Pump Industrial Ltd. failed to deliver parts to the Indian company due to the suspension of operations at the factory. The Indian company told the South Korean company that it will switch to a U.S. company instead.
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Home > NorthKorea
2013/04/20 12:10 KST
S. Korean firm says Indian partner has canceled deal over Kaesong complex suspension
SEOUL, April 20 (Yonhap) -- A South Korean auto parts supplier said Saturday that its Indian business partner has canceled a deal due to the ongoing suspension of the inter-Korean joint industrial complex in North Korea, a South Korean company official said Saturday.
The move came as Daewha Fuel Pump Industrial Ltd. failed to deliver parts to the Indian company due to the suspension of operations at the factory. The Indian company told the South Korean company that it will switch to a U.S. company instead.
The move came as Daewha Fuel Pump Industrial Ltd. failed to deliver parts to the Indian company due to the suspension of operations at the factory. The Indian company told the South Korean company that it will switch to a U.S. company instead.
