Hyundai,NK May Continue Mt. Kumgang Project the Negotiations between Hyundai and North Korea to Prop Up the Debt- Ridden Mt.Kumgang Tours, Which for Months Have Been One of the Biggest Variables in Inter-Korean Relations, Could Be over as Soon as Next Week, Unification Minister Lim Dong-Won Said Yesterday

``Since both sides (Hyundai and North Korea's Asia-Pacific Peace Committee) made significant strides in (last week's) negotiations, I expect a wrap-up to be possible even next week,'' he told reporters, one day after coming back from Hawaii for talks with North Korea experts from the U.S.

and Japan.

After an agreement is reached between the two, the government could also take ``necessary measures'' after forming a ``national consensus,'' Lim said, adding that such could also contribute to development in inter-Korean relations.

A Hyundai official confirmed that they are planning for a final round of negotiations next week to strike an agreement.

As …

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Publication information: Article title: Hyundai,NK May Continue Mt. Kumgang Project the Negotiations between Hyundai and North Korea to Prop Up the Debt- Ridden Mt.Kumgang Tours, Which for Months Have Been One of the Biggest Variables in Inter-Korean Relations, Could Be over as Soon as Next Week, Unification Minister Lim Dong-Won Said Yesterday. Contributors: Not available. Newspaper title: Korea Times (Seoul, Korea). Publication date: June 2, 2001. Page number: Not available. © Not available. COPYRIGHT 2001 Gale Group.

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