To entice the North to allow the historic rail crossing, Seoul has offered $80 million in aid for its light industries.<\/p>\n
Eventually, South Korea wants to send passengers and cargo via its neighbor into China and Russia and link with the Trans-Siberian railway.<\/p>\n
Export-dependent South Korea could see huge savings in moving cargo if North Korea allowed the rail link to develop.<\/p>\n
The links it rebuilt are designed to help serve two projects in the North.<\/p>\n
One is a mountain resort built by an affiliate of the Hyundai Group where South Koreans can visit. The other is a factory park where companies from the South use cheap North Korean labor and land to make goods.<\/p><\/blockquote>\n
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I’d heard some people talk about train links between North and South Korea when I was there last month, and now, it’s finally happened. For the first time since the Korean War that a train has crossed the DMZ. Yes, it’s historic and emotional and all that, but really, as Reuters points out, this deal is all about the money: To entice the North to allow the historic rail crossing, Seoul has offered $80 million in aid for its light…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[138,173],"tags":[],"class_list":["post-1315","post","type-post","status-publish","format-aside","hentry","category-north-korea","category-south-korea","post_format-post-format-aside"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4uks-ld","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/posts\/1315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/comments?post=1315"}],"version-history":[{"count":0,"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/posts\/1315\/revisions"}],"wp:attachment":[{"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/media?parent=1315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/categories?post=1315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cyrusfarivar.com\/blog\/wp-json\/wp\/v2\/tags?post=1315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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