SEOUL: South Korea says is debating lifting sanctions imposed on North Korea after the 2010 sinking of a South Korean warship. South Korea’s opposition argues the trade limits originally aimed at punishing North Korea for sinking the ship are also hurting South Korea.
South Korea’s top official on North Korea relations says the government is considering calls to end the punitive sanctions. Known as the “May 24th sanctions,” they ban all trade and investment with the North.
The only exception to the sanctions is the joint Kaesong industrial park. But on Friday South Korea’s Unification Minister, Ryoo Kihl-jae, said the government was examining the possibility of lifting the sanctions.
“Public opinion on lifting the May 24 measures is divided. A decision by the government can be considered but they first need to take a look at the situation,” he said. Agencies