On February 10, South Korean President Park Geun-hye announced that she would respond to North Korea’s recent nuclear test and rocket launch by closing the Kaesong Industrial Region, the last major effort at inter-Korean cooperation. In response, North Korean leader Kim Jong-un seized all South Korean assets in the region, giving the 248 managers living there only a few hours to pack their personal belongings and leave.
http://www.project-syndicate.org/commentary/south-korea-new-strategic-situation-by-christopher-r-hill-2016-02
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