China and South Korea have also agreed that if North Korea undertakes complete denuclearisation, it should be guaranteed economic aid. That could start with railway projects connecting China and South Korea through North Korea. Shares of South Korea's construction and railway firms such as Hyundai Rotem and Seoam Machinery Industry Co have soared on hopes of such projects. Border property prices spiked when former President Roh Moo-hyun met with North Korea's Kim Jong Il in 2007. "I have a firm belief that this time North Korea would pursue an open economy like Vietnam," Kang said.

Source: dna May 14, 2018 04:54 UTC