<font color="maroon" size=2><b>[Breaking News]</b></font><br>North to seize South Korean assets at Mount Kumgang

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[Breaking News]
North to seize South Korean assets at Mount Kumgang

North Korea said today it will seize frozen South Korean assets at the Mount Kumgang resort. The decision came after two days of inspection by North Korean military officials.

These facilities, including a South Korean government-run fire station, family reunion center and a duty-free shop, were frozen last week, and the North had evicted South Korean workers from the facilities on April 8. The North said it will either take ownership of the assets or hand them over to a new partner.

In addition, the North said all privately-owned assets at the resort will be frozen and South Korean employees will be asked to leave the area.

North Korea has been pressing South Korea to agree to resume tours to Mount Kumgang. The tour programs have been suspended since July 2008, when a South Korean woman was shot dead by a North Korean soldier in a restricted military zone near the resort.

South Korea has asked for security assurances and an apology from Pyongyang. North Korea has responded that it has already done enough to meet Seoul's demands and would take "extreme steps" if the tours didn't begin by April 1.

By Yoo Jee-ho

"몰수 부동산, 공화국 소유 또는 새 사업자에 넘길 것"

나머지 금강산 부동산도 동결..관리인원 추방 (연합뉴스)

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