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Koreas Debate Mineral Exploration Rights

Thursday, June 07, 2007 3:31:37 AM

South Korean Vice Unification Minister Shin Eon-sang talks to the media during a press conference at the Unification Ministry in Seoul, Thursday, June 7, 2007. Shin said that North and South Korea opened working-level talks Thursday to work out a deal swapping raw materials for mineral exploration rights at the North's border city of Kaesong in North Korea.(AP Photo/Ahn Young-joon)SEOUL, South Korea (AP) - North and South Korea opened working-level talks Thursday to work out a deal swapping raw materials for mineral exploration rights, the South's Unification Ministry said.

The two-day meeting at the North's border city of Kaesong comes a month after Seoul agreed to give Pyongyang $80 million worth of raw materials for making clothes, shoes and soap in exchange for rights to develop mineral resources in the North, the ministry said.

A 10-member South Korean delegation, led by a senior ministry official, will "discuss the prices and number of each raw materials and preparations for a joint study for mineral resources," with their counterparts from the North, Vice Unification Minister Shin Eon-sang told in a briefing.


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