North Korea suspended operations of the joint venture Gaeseong Industrial Complex this week. The site makes low-tech goods such as appliances in additional to clothing. According to the Korea Times, 123 manufacturing companies employee 479 South Koreans and 53,000 North Korean factory workers.
$87 million in wages are paid to the North Korean workers each year. The Joint complex is located 10 miles north of the DMZ and opened in 2005. This is the first time that it has been closed. More here.
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