The Latest: South Korea considers lifting sanctions on North
SEOUL, South Korea (AP) – The Latest on South Korea saying it’s considering lifting sanctions against North Korea to help diplomacy (all times local):
South Korea’s foreign minister says Seoul is considering lifting some of its unilateral sanctions against Pyongyang to create more momentum for diplomacy aimed at improving relations and defusing the nuclear crisis.
Kang Kyung-wha told lawmakers on Wednesday that the government is reviewing whether to lift sanctions South Korea imposed on the North in 2010 following a deadly attack on a warship that killed 45 South Korean sailors.
Seoul then effectively shut down all cross-border economic cooperation except for a joint factory park in the North Korean border town of Kaesong, where business activities and investment were also scaled back. Seoul shut down the Kaesong factory park in February 2016 in retaliation of a North Korean nuclear test and long-range rocket launch.
Seoul’s potential removal of unilateral sanctions would be a largely symbolic move as it’s virtually impossible for South Korea to resume joint economic projects with North Korea under U.S.-led international sanctions, which have been strengthened considerably since 2016 as the North accelerated its nuclear and missile tests.