The South Korean government announced this morning that the two Koreas will open their joint liaison office this week at the Kaesong Industrial Complex, and it will start operations on Friday right after an opening ceremony is held earlier in the day.
The office will be in charge of overseeing constant contact between the two Koreas, discussion for inter-Korean talks and providing support for civilian exchanges.
Heading the office will be vice ministerial-level officials from the two Koreas. South Korea will be appointing the vice unification minister Chun Hae-sung as its head, and North Korea plans to appoint its vice-head of the reunification committee as Chun's counterpart.
Moving on, the South Korean government has submitted a motion for the parliamentary ratification of the Panmunjom Declaration.
It's seeking to secure bipartisan support for its enforcement ahead of next week's inter-Korean summit.
The motion, sent by the Unification Ministry on Tuesday, is aimed at enhancing cross-border cooperation and exchanges, and pursuing the "complete denuclearization" of the Korean peninsula.
It also attached the estimate for the cost of implementing part of the agreement next year, which amounts to over 2-hundred-60 million US dollars.
The cost includes, the estimated outlays for inter-Korean cooperation over railways, roads and forestry.
Source: Arirang News
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