Tag: North Korea’s missile test response

South Korea reaffirms allegation Pyongyang took majority of Kaesong cash, defends THAAD

SEOUL, South Korea (Reuters) — South Korean Unification Minister Hong Yong-pyo on Thursday (February 18) reaffirmed the allegation that 70 percent of U.S. dollars paid as wages and fees for the suspended Kaesong industrial project, run jointly with the North, had been diverted for use in Pyongyang’s weapons program. Last week, South Korea suspended the project as punishment for the North’s rocket launch on February 7 saying it would no longer allow the funds paid […]