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(EDITORIAL from the Korea Times on Aug. 9)

2013/08/09 07:05

Time for decision

Reopen factory complex from longer, broader viewpoints

After many twists and turns, the two Koreas will hold a seventh round of talks on reopening the Gaeseong Industrial Complex next Wednesday. Officials should do their best to iron out their remaining differences and restart the joint park as soon as possible.

It's not completely certain why North Korea changed its mind at the last minute and decided to come back to the dialogue table. Pyongyang might badly need the hard cash of around $80 million a year, and wants to appear as a trustful business partner to potential foreign investors. Seoul's adamancy in risking permanent closure of the complex also could have facilitated the communist regime’'s decision.