Koreas to convene first meeting of Gaeseong joint committee on Sept. 2nd
The two Koreas will convene a first meeting of their joint committee on the management of the Gaeseong Industrial Complex on Monday in Gaeseong.
The two sides agreed on the specifics of the joint committee on Wednesday and exchanged their finalized documents on Thursday.
"North Korea agreed this morning to hold the first meeting of the joint committee on the Gaeseong Industrial Complex on September 2nd, as proposed by the South."
The joint committee, which will be headed by Kim Ki-woong from the South and Park Chol-su from the North, will allow the Koreas to oversee the management of their joint business park together.
The formation of such a committee was agreed upon by the two sides earlier this month as one of the safeguards against future unilateral closures.
Operations at the factory zone have been suspended since April, after the North unilaterally withdrew all of its workers amid an escalation in inter-Korean tensions.
To prevent such a shutdown from happening again, the joint committee will hold a meeting once every quarter and hold additional discussions if needed.
The two sides will also create four subcommittees to ensure the safety of South Korean workers in Gaeseong.
One subcommittee will ensure the safety of South Korean workers in Gaesong, one will look after the protection of South Korean assets, another will work toward raising the international competitiveness of the complex and the last will oversee commutes in and out of the complex, communications and the customs of South Korean workers.
The subcommittees will hold meetings at least once a month.
An official at Seoul's unification ministry said that once the joint committee holds its first meeting, it will be only a matter of time before operations resume at the business park as the issue will surely be discussed.
Hwang Sung-hee, Arirang News.
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