this is the Economics Report.
their joint factory zone this week.
Lines of trucks and cars
crossed South Korea's northern border Monday
on the way to Kaesong, North Korea.
About 800 South Korean workers and their supervisors
They brought materials and parts
to restart production for the first time in months.
South Korean managers expressed happiness at returning to work.
Ji Yoon-tae is deputy chief of a South Korean company in Kaesong.
He says it has been very hard
while the factories were closed.
From now on, he says,
and the factory zone comes back to life.
In April, North Korea removed about 53,000 workers
from the joint manufactoring effort.
Their withdrawl resulted from military tensions
with South Korea and the United States.
South Korean companies say they lost about $1 billion
The industrial area produces cloths, watches,
and parts for electronic products.
After months of negotiations,
They agreed to set up a joint committee to settle future problems.
Officials from the two sides have been holding weekly meetings
to discuss other details.
warming relations between North and South Korea
since the North carried out missile and nuclear tests.
Choi Kyong-lim is South Korea's Deputy Minister of
Trade, Industry and Energy.
He told reporters in Seoul that the government
He says it is important for Chinese companies
to use North Korean labor at Kaesong
where pay is low but productivity is high.
China is North Korea's closest ally.
It also is believed to have some limited influence
over the government in Pyongyang.
Cho Bong-hyun is with the Economic Research Center of
the Industrial Bank of Korea.
He says Kaesong offers better guarantees
than other investments in North Korea.
He says investment in other cities has more risk.
And that's the Economics Report from VOA Learning English.
🎵 LRC歌词版本
[00:02.760]this is the Economics Report.
[00:09.280]their joint factory zone this week.
[00:11.870]Lines of trucks and cars
[00:14.910]crossed South Korea's northern border Monday
[00:18.840]on the way to Kaesong, North Korea.
[00:22.120]About 800 South Korean workers and their supervisors
[00:33.370]They brought materials and parts
[00:36.560]to restart production for the first time in months.
[00:41.840]South Korean managers expressed happiness at returning to work.
[00:48.270]Ji Yoon-tae is deputy chief of a South Korean company in Kaesong.
[00:55.490]He says it has been very hard
[00:59.170]while the factories were closed.
[01:01.660]From now on, he says,
[01:06.880]and the factory zone comes back to life.
[01:10.120]In April, North Korea removed about 53,000 workers
[01:16.200]from the joint manufactoring effort.
[01:19.580]Their withdrawl resulted from military tensions
[01:23.760]with South Korea and the United States.
[01:27.740]South Korean companies say they lost about $1 billion
[01:36.060]The industrial area produces cloths, watches,
[01:40.990]and parts for electronic products.
[01:44.400]After months of negotiations,
[01:53.450]They agreed to set up a joint committee to settle future problems.
[01:59.790]Officials from the two sides have been holding weekly meetings
[02:04.820]to discuss other details.
[02:11.840]warming relations between North and South Korea
[02:16.270]since the North carried out missile and nuclear tests.
[02:21.500]Choi Kyong-lim is South Korea's Deputy Minister of
[02:27.580]Trade, Industry and Energy.
[02:30.970]He told reporters in Seoul that the government
[02:39.830]He says it is important for Chinese companies
[02:44.110]to use North Korean labor at Kaesong
[02:47.260]where pay is low but productivity is high.
[02:52.240]China is North Korea's closest ally.
[02:56.970]It also is believed to have some limited influence
[03:02.100]over the government in Pyongyang.
[03:05.230]Cho Bong-hyun is with the Economic Research Center of
[03:11.060]the Industrial Bank of Korea.
[03:14.390]He says Kaesong offers better guarantees
[03:19.520]than other investments in North Korea.
[03:22.560]He says investment in other cities has more risk.
[03:28.390]And that's the Economics Report from VOA Learning English.
this is the Economics Report.
their joint factory zone this week.
Lines of trucks and cars
crossed South Korea's northern border Monday
on the way to Kaesong, North Korea.
About 800 South Korean workers and their supervisors
They brought materials and parts
to restart production for the first time in months.
South Korean managers expressed happiness at returning to work.
Ji Yoon-tae is deputy chief of a South Korean company in Kaesong.
He says it has been very hard
while the factories were closed.
From now on, he says,
and the factory zone comes back to life.
In April, North Korea removed about 53,000 workers
from the joint manufactoring effort.
Their withdrawl resulted from military tensions
with South Korea and the United States.
South Korean companies say they lost about $1 billion
The industrial area produces cloths, watches,
and parts for electronic products.
After months of negotiations,
They agreed to set up a joint committee to settle future problems.
Officials from the two sides have been holding weekly meetings
to discuss other details.
warming relations between North and South Korea
since the North carried out missile and nuclear tests.
Choi Kyong-lim is South Korea's Deputy Minister of
Trade, Industry and Energy.
He told reporters in Seoul that the government
He says it is important for Chinese companies
to use North Korean labor at Kaesong
where pay is low but productivity is high.
China is North Korea's closest ally.
It also is believed to have some limited influence
over the government in Pyongyang.
Cho Bong-hyun is with the Economic Research Center of
the Industrial Bank of Korea.
He says Kaesong offers better guarantees
than other investments in North Korea.
He says investment in other cities has more risk.
And that's the Economics Report from VOA Learning English.
🎵 LRC歌词版本
[00:02.760]this is the Economics Report.
[00:09.280]their joint factory zone this week.
[00:11.870]Lines of trucks and cars
[00:14.910]crossed South Korea's northern border Monday
[00:18.840]on the way to Kaesong, North Korea.
[00:22.120]About 800 South Korean workers and their supervisors
[00:33.370]They brought materials and parts
[00:36.560]to restart production for the first time in months.
[00:41.840]South Korean managers expressed happiness at returning to work.
[00:48.270]Ji Yoon-tae is deputy chief of a South Korean company in Kaesong.
[00:55.490]He says it has been very hard
[00:59.170]while the factories were closed.
[01:01.660]From now on, he says,
[01:06.880]and the factory zone comes back to life.
[01:10.120]In April, North Korea removed about 53,000 workers
[01:16.200]from the joint manufactoring effort.
[01:19.580]Their withdrawl resulted from military tensions
[01:23.760]with South Korea and the United States.
[01:27.740]South Korean companies say they lost about $1 billion
[01:36.060]The industrial area produces cloths, watches,
[01:40.990]and parts for electronic products.
[01:44.400]After months of negotiations,
[01:53.450]They agreed to set up a joint committee to settle future problems.
[01:59.790]Officials from the two sides have been holding weekly meetings
[02:04.820]to discuss other details.
[02:11.840]warming relations between North and South Korea
[02:16.270]since the North carried out missile and nuclear tests.
[02:21.500]Choi Kyong-lim is South Korea's Deputy Minister of
[02:27.580]Trade, Industry and Energy.
[02:30.970]He told reporters in Seoul that the government
[02:39.830]He says it is important for Chinese companies
[02:44.110]to use North Korean labor at Kaesong
[02:47.260]where pay is low but productivity is high.
[02:52.240]China is North Korea's closest ally.
[02:56.970]It also is believed to have some limited influence
[03:02.100]over the government in Pyongyang.
[03:05.230]Cho Bong-hyun is with the Economic Research Center of
[03:11.060]the Industrial Bank of Korea.
[03:14.390]He says Kaesong offers better guarantees
[03:19.520]than other investments in North Korea.
[03:22.560]He says investment in other cities has more risk.
[03:28.390]And that's the Economics Report from VOA Learning English.
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