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Joint Press Release of Inter-Korean Road Cooperation Talks

writer
고민석
created
2018-06-29
hit
18698

Joint Press Release of Inter-Korean Road Cooperation Talks

The South and the North held Inter-Korean Road Cooperation Talks at Panmunjeom on June 26, 2018 to carry out the historic Panmunjeom Declaration. The two sides agreed to take practical measures for the road modernization of the Donghae and Gyeongui lines.

1. The South and the North confirmed that the modernization of the Donghae and Gyeongui roads hold significant importance in achieving a balanced development of national economy and co-prosperity, and agreed to carry out the projects simultaneously.

2. The South and the North agreed to discuss and finalize practical measures including the scope, object, level, and method of road modernization.

   ① The section to be modernized for the Donghae Line is from Goseong to Wonsan, and from Gaeseong to Pyeongyang for the Gyeongui Line. The two sides agreed to further expand such modernization projects in time to come.

   ② The scope of construction and the level of modernization of all concerned subjects(road, infrastructure, safety and operation facilities) will be determined considering international standards and regional characteristics.

   ③ The South and the North will jointly design and carry out constructions for the modernization of roads.

   ④ The groundbreaking ceremony will be held at the earliest possible date, when necessary preparations are made.

  3. The South and the North agreed to precede with joint survey of the section of roads to be modernized.

   ① To this end, a joint research team for the connection and modernization of inter-Korean roads will first be formed.

   ② The joint on-site survey will start from the Gyeongui line in early August, followed by the Donghae line.

  4. The South and the North agreed to work together to jointly develop advanced technology necessary for road construction and operation in order to lay technological foundation for the road modernization.

  5. The South and the North agreed to discuss practical matters related to the joint survey on the modernization of the Donghae and Gyeongui road portion through document exchange, and carry out bilateral working-level contacts if necessary.

June 28, 2018
Panmunjeom

* Unofficial translation