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S. Korean gov't to hold meeting to bankroll N. Korea's Olympic participation Updated: 2018-02-14 03:56:10 KST

The South Korean government will review this week a motion to bankroll North Korea's participation in the PyeongChang Winter Olympics.

The South and North Exchange and Cooperation Promotion Council under South Korea's unification ministry, and headed by Unification Minister Cho Myoung-gyon, will hold a meeting on Wednesday to deliberate on a motion to use some 2.six million U.S. dollars from this year's inter-Korean cooperation fund to cover expenses incurred by the North Korean delegation at PyeongChang.

Besides Olympic athletes and high-level officials, Pyongyang sent hundreds of North Koreans to South Korea, including cheerleaders, orchestra members and musicians, members of a taekwondo demonstration team, and journalists.

The South Korean government plans to hold another meeting concerning the participation of North Korea with a delegation of roughly 150 members, at the PyeongChang Paralympics to kick off in March.

During a high-level meeting early last month, the two Koreas agreed that Seoul will provide convenience for the North Koreans attending the Olympics.

This wouldn't be the first time for South Korea to bankroll the regime's participation at an international event, as Seoul previously bankrolled millions of dollars for North Korean participants during the Asian Games and the Summer Universiade held in South Korea.
Ji Myung-kil, Arirang News.
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