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Possibilities for S'pore businesses strong if Korean relations are better
By Channel NewsAsia's Maria Siow | Posted: 11 May 2008 2021 hrs

  George Yeo (file pic)
 
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George Yeo's first visit to North Korea


PYONGYANG: Singapore Foreign Minister George Yeo has said that possibilities for Singapore businesses would be stronger if relations between North and South Korea are better.

Mr Yeo was speaking in the North Korean capital Pyongyang where he is on an official visit.

Mr Yeo noted that if North-South Korean relations are better, the potential for the development of Kaesong Industrial Park will be enormous.

That's because North Koreans are smart, hardworking, highly-disciplined and competitive in international wages.

He said that based on what he had seen, North Korea has witnessed progress, though it is encountering some difficulties. - CNA/ir

 


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