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Hyundai Group gets initial gov't approval for memorial service in N. Korea

2018/07/12 16:42

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SEOUL, July 12 (Yonhap) -- Hyundai Group, a South Korean shipping-to-tourism conglomerate, said Thursday it has received initial approval from the government to hold a memorial service for its late Chairman Chung Mong-hun in North Korea next month.

Hyundai Group has held the memorial service for Chung, who spearheaded the now-suspended inter-Korean tour program at Mount Kumgang in North Korea, every year since August 2004, a year after his death on Aug. 4, 2003, a company spokesman said.

But the service was not held in 2016 and 2017 due to escalating tensions on the Korean peninsula over the North's nuclear and missile programs, he said.

A team of 20 Hyundai Group executives, led by Chairman Hyun Jeong-eun, are scheduled to visit the North for the 15th anniversary next month on final approval from the unification ministry, the spokesman said.