On Wednesday, North and South Korea agreed to a deal to reopen the Kaesong industrial complex, though a date for renewed production there has not yet been set, Yonhap News Agency reported.
The accord between the two nations came after North Korea issued a resolution to not shut down the facility again “under any circumstances,” according to the Korean wire service. Additionally, the facility will “internationalize” by allowing foreign investors, a move that Seoul brought up during negotiations in an effort to make it less easy for North Korea to take action against the complex in the future, according to Yonhap.
A joint committee will be created to supervise the future of the industrial park and other issues that have arisen since its closure in early April, including restitution payments for lost revenue for South Korean plants, the wire service reported.
“Once the joint committee is set up and inspections and the refurbishment of manufacturing facilities takes place, companies will be allowed to go back to the complex and start operations,” said a unification ministry official, as quoted by Yonhap. The joint committee will be made up of officials from both North and South Korea who have been participating in the daily management of the facility, the wire service reported.
The announcement comes just a week after North Korea signaled it was ready to begin a seventh round of talks over the complex.
In other news, U.N. inspectors arrived in Panama on Tuesday to begin inspections of the North Korean freighter that was found to be transporting hidden military equipment as it attempted to pass through the Panama Canal a month ago, CNN reported.
The inspectors arrived at the behest of the Panamanian government, who insisted that the United Nations handle the case.
International investigators will not comment publicly during the inspection and will instead wait to compile and publish a report of their findings, according to a statement from Panama’s Security Ministry, cited by CNN. The inquiry is expected to end next Friday, according to the network.
The Chong Chon Gang’s 35-person crew is expected to be returned to North Korea “soon, like in a month,” although they could be “returned to Cuba and from there go to Korea,” said a government official, according to a report in the London Guardian.
What We're Following See More »
"According to a new POLITICO/Morning Consult poll, the first national post-debate survey, 43 percent of registered voters said the Democratic candidate won, compared with 26 percent who opted for the Republican Party’s standard bearer. Her 6-point lead over Trump among likely voters is unchanged from our previous survey: Clinton still leads Trump 42 percent to 36 percent in the race for the White House, with Libertarian nominee Gary Johnson taking 9 percent of the vote."
After a lighthearted beginning, Donald Trump's appearance at the Al Smith charity dinner in New York "took a tough turn as the crowd repeatedly booed the GOP nominee for his sharp-edged jokes about his rival Hillary Clinton."
Evan McMullin came out on top in a Emerson College poll of Utah with 31% of the vote. Donald Trump came in second with 27%, while Hillary Clinton took third with 24%. Gary Johnson received 5% of the vote in the survey.
A new Quinnipiac University poll finds Hillary Clinton leading Donald Trump by seven percentage points, 47%-40%. Trump’s “lead among men and white voters all but” vanished from the university’s early October poll. A new PPRI/Brookings survey shows a much bigger lead, with Clinton up 51%-36%. And an IBD/TIPP poll leans the other way, showing a virtual dead heat, with Trump taking 41% of the vote to Clinton’s 40% in a four-way matchup.