South Korea issues Kaesong ultimatum
Source: The Guardian
South Korea has warned North Korea that it faces unspecified "grave measures" unless it agrees to urgent talks on reopening the Kaesong industrial complex, a jointly run project that brings much-needed income to the North but has remained closed for almost a month.
The South's unification ministry did not give details of possible punitive measures but observers believe it could mean the complete withdrawal of the 175 South Korean managers still living near the plant.
Their withdrawal would effectively bring an end to the only remaining symbol of cross-border cooperation and mark a dramatic decline in ties already damaged by weeks of North Korean threats against the South and its allies.
The complex, located six miles north of the heavily fortified border separating the two Koreas, employs tens of thousands of North Korean workers and is funded and managed by South Korean firms.
Read more: http://www.guardian.co.uk/world/2013/apr/25/south-korea-issues-kaesong-ultimatum