Joint Statement from Hyundai Group in the South
and KAPPC in the North
Overview
Hyun Jung-eun, chairwoman of Hyundai Group visited the North
from August 10 to 17 and had a meeting with Kim Jong-Il on August 16.
After the meeting, Hyundai Group and Korea Asia Pacific Peace
Committee (KAPPC) issued a joint statement on August 17.
Main Contents
< Kim Jong-Il met with Hyundai chairwoman of the South>
(Aug 16, Korean Central Television, Korean Central News Agency,
Central Broadcasting Station)
At the invitation of KAPPC, Hyun Jung-eun visited Pyongyang and met
with the North Korean leader Kim Jong-Il on August 16.
- Kim Yang-gun Kim Yang-gon, the commissioner of KAPPC has
participated in this meeting.
Kim Jong-Il reminded fond memories of predecessors from Hyundai
Group and had talks in a friendly atmosphere. Kim Jong-Il hosted a
breakfast meeting for Hyun Jung-eun and her delegation.
< Joint Statement from KAPPC and Hyundai Group >
(Aug 17, Korean Central News Agency, Rodong Sinmun)
DPRK’s leader Kim Jong-Il met with Hyun Jung-eun and her delegation
on August 16, 2009. They talked for a long time in a friendly mood and
accepted all her requests.
Accordingly, KAPPC and Hyundai Group will implement the
followings :
1. The suspended Mt.Geumgang tourism will be resumed soon and new
tour for Birobong will start in Mt. Geumgang. According to special
measures taken by Kim Jong-Il, all conveniences and safety will be
strictly guaranteed for the tourism projects.
2. South Korean nationals’ DMZ border passage and their
staying in the North will return to the original status in Mt.
Geungang according to Oct.4 Declaration.
3. AS the DMZ border passage normalizes, Gaeseong Tourism will
resume soon and Gaeseong Industrial Complex Projects will be revitalized.
4. Hyundai agreed to start Mt. Baekdu tourism according to
preparation works.
5. Separated families will be reunited on the upcoming Chuseok
Holiday in Mt. Geunmgang.
The two sides announced their willingness to develop many
cooperative projects to upgrade inter-Korean relations and realize
mutual prosperity according to historical June 15 Joint Declaration
and Oct 4 Declaration.
Analysis
This joint statement is an agreement between Hyundai, the main
player of these projects, and KAPPC.
- This agreement is meaningful and it is a private-level one. For
detailed implementation plans, inter-Korean dialogues are needed in detail.
