Wednesday, March 18, 2015

Wage row in Kaesong Industrial Park between Pyongyang and Seoul


#southkorea #northkorea #kaesong #industrialzone #wagerow Even though there exists enmity between North Korea and South Korea, the joint industrial park in Kaesong has been seen a ray of light for the two countries to sink their differences. This unique venture is financed by the South while the workers belong to the North. Obviously, it benefits both the sides.
However, trouble seems to be brewing as a group of 14 South Korean businessmen on Wednesday travelled there to hold talks with North Korean officials in a bid to resolve an escalating row over wages at the park. This has been reported in zeenews.india.com/news dated 18 March 2015.
Pyongyang had announced a unilateral decision last month that it would hike the basic salary of some 54,000 North Korean workers employed across 125 South Korean firms in the complex from $155 to $164 monthly as of the end of last year.
This is not acceptable to the South because any such decision must be taken after a dialogue between both. Observers are of the opinion that this stance of North is a result of the plan of South Korea to send across propaganda balloon to coincide with the five-year anniversary of the sinking of a South Korean warship in 2010. A total of 46 sailors lost their lives in this and the South blamed it on the North.
Moreover, South Korean activists want to sneak copies of satirical Hollywood movie "The Interview" across the border. This would be in defiance of North Korea`s repeated threats of retaliation through military means.

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