No thanks: Seoul resists sending more rice to North Korea

Article Abstract:

Widespread anger over North Korea's snubs currently bar South Korean President Kim Young Sam from offering more food to its hungry northern neighbor, but the US fears that intransigence may fuel further conflict. Pyongyang effusively thanked Japan for the 500,000 tonnes of rice it sent, but has attacked Kim despite his gift of 150,000 tonnes. Some in South Korea doubt the rumored famine is real, saying food shipments simply leave more resources for the military. A recent conference led to some agreements among the US, Japan, and South Korea.

Political aspects, Food relief, Food assistance

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Opening up the clam

Article Abstract:

Trade between North and South Korea has been expanding at a rapid pace since 1988. According to South Korean officials, exports to the North totalled US$26 million in 1991 while imports were valued at US$166 million. Direct trade between the two Koreas is still nonexistent but China usually serves as a conduit between the two countries. However, this setup has always been prone to fraud and abuse. Unscrupulous Chinese traders pass off their products as North Korean in order to exempt them from South Korean import duties.

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The price of unity

Article Abstract:

The planned Korean economic integration may cost from around US$200 billion to more than US$500 billion. These figures are the total amount of investments needed to make North Korea's economy comparable to that of the South. Plans are being drawn up for the creation of an international relief package for the North. However, experts contend that South Korea has to shoulder a large part of the cost. At the most, foreign contributions may amount to only US$37 billion.

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