The South Koreans have historically been susceptible to the whims of the norK regime during various cooperation schemes. It appears the ROK’s feel they are about to be burned again. Certainly, the Chaebols and business community are worried they may lose access to a much treasured supply of norK near-slave labor. One should not enter business dealings with a country one is at war with – and has a track record of being unpredictable.
South Korea on Thursday warned of an unspecified “grave measure” if North Korea rejects talks on a jointly run factory park shuttered for nearly a month — setting up the possible end of the last remaining major symbol of inter-Korean cooperation.
In a televised briefing with reporters, Unification Ministry spokesman Kim Hyung-suk refused to describe what Seoul would do if Pyongyang doesn’t respond by a deadline Friday to a demand for formal working-level talks on the industrial complex just over the heavily armed border in the North Korean town of Kaesong. But Seoul’s talk of a “grave measure” may be an attempt to signal it will pull out its remaining workers from the complex… [Houston Chronicle]