SKorea to pay $2.6 million for North’s Olympic presence - News Summed Up

SKorea to pay $2.6 million for North’s Olympic presence


SEOUL: Seoul on Wednesday approved a $2.6 million budget to cover expenses for North Koreans visiting for the Pyeongchang Winter Olympics, officials said, after the North’s leader praised the South’s hospitality. The 2.86 billion won will cover transport, hotel, food and other cost for 229 cheerleaders, a taekwondo demonstration team, and around 140 art performers, the Unification Ministry said in a statement. The bill for 22 North Korean athletes attending the Games will be paid separately by the International Olympic Committee, officials said. Seoul has been careful to try to ensure that the North Koreans’ visit does not lead to a breach of the many different sanctions imposed on Pyongyang over its nuclear and ballistic missile programs, and the money is expected to be paid directly to service providers, rather than Northern officials.


Source: Manila Times February 14, 2018 06:33 UTC


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