(MENAFN- Qatar News Agency) South Korea said Thursday that it will push for a deal with North Korea to build a peace park on the heavily fortified border, a project that could help ease cross-border tensions.
South Korea also plans to embark on the project and hold talks with North Korea on the issue in the coming months, though it did not provide any specific time fram
"We will push to reach a deal with North Korea" on the project within this year, the unification ministry said in a report of this year's major policies to President Park Geun-hy
Last year, Park proposed that the two Koreas build a park inside the Demilitarized Zone, a four-kilometer-wide buffer border zone, as part of efforts to improve their relation
Still, the National Assembly has earmarked 30.2 billion won (US$28.7 million) for Park's pet project, 10 billion won less than requested by the ministry in charge of inter-Korean affair
The Assembly cited a lack of feasibility as the reason for the reductio
The project requires cooperation from North Korea as well as the U.S.-led United Nations Command, which oversees the Armistice Agreement that ended the 1950-53 Korean Wa
The ministry also said it plans to explore measures to support a North Korea-Russian project that calls for renovation of a 54-kilometer track linking the Russian eastern border town of Khasan to the North's port of Rajin, as well as modernization of the por
In November, Park and her Russian counterpart Vladimir Putin signed a memorandum of understanding to help South Korean companies join the Rajin-Khasan development projec
South Korea hopes to eventually link its railway to the Trans-Siberian Railway and Trans-China Railway, an ambitious project that will cut logistics costs for South Korea's Europe-bound export
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