North Korea Ends Economic Cooperation with South, Deepening Inter-Korean Rift
The move to abolish economic cooperation laws, including those governing the Mount Kumgang tourism project, marks a significant escalation in tensions between the two Koreas.
- North Korea's Supreme People's Assembly voted to abolish all laws on inter-Korean economic cooperation, further straining relations with South Korea.
- The decision includes scrapping the law governing the Mount Kumgang tourism project, a symbol of past cooperation.
- South Korea's Unification Ministry stated it does not recognize the North's unilateral termination of the agreements, highlighting ongoing tensions.
- This development comes as North Korea intensifies its weapons tests and South Korea strengthens military ties with the US and Japan.
- Experts view the move as a step towards deepening North Korea's isolation while complicating efforts for regional diplomacy and peace.