In today’s Report:
I. United States
II. Republic of Korea
1. ROK-DPRK Trade Relations
The AP-Dow Jones News Service (“S. KOREA AUTHORIZES FIVE COMPANIES TO INVEST IN N. KOREA,” Seoul, 10/14/97) reported that the ROK government on Tuesday authorized the state-run Korea Land Corporation to build an industrial park in the DPRK’s Rajin-Sonbong free trade zone. The government also approved plans by four private companies to do business or invest in the free trade zone for general trading, building fishing and logistical facilities, and manufacturing bicycles. The action brought to 26 the total number of ROK firms that have been authorized to do business or invest in the DPRK.
2. DPRK-PRC Relations
The AP-Dow Jones News Service (“CHINA SENDS HIGH-LEVEL MILITARY MISSION TO N. KOREA – REPORT,” Beijing, 10/14/97) reported that the PRC’s state-run Xinhua News Agency said that a delegation of the People’s Liberation Army left Tuesday for the DPRK on the first high-level visit by PRC officials since Kim Jong-il’s appointment as Secretary General of the Workers Party.
3. US Position on ROK Presidential Elections
The AP-Dow Jones News Service (“U.S. DECLARES NEUTRALITY IN S. KOREA ELECTIONS,” Seoul, 10/14/97) reported that the US Embassy in Seoul issued a statement at the request of the ROK’s Foreign Ministry which said, “We do not favor any candidate over any other” in the upcoming ROK presidential election. “U.S. government policy on the (South Korean) election has been clear, firm and consistent: it is entirely up to the people of Korea to select their president,” the statement said. [Ed. note: See “Four Party Peace Talks,” in the US Section of the October 13 Daily Report.]
4. ROK President’s Son Convicted
The New York Times (Nicholas D. Kristof , “SEOUL’S MIGHTY, ONCE IMMUNE, NOW FEEL THE ARM OF THE LAW,” Tokyo, 10/14/97) carried an analysis which argued that the conviction of ROK President Kim Young-sam’s son for bribery and tax evasion “at one level … underscored the corruption of Korean politics and the trades of favors and money among politicians and tycoons. But at a broader level, what was most astonishing was not that graft occurred, … but rather that anyone so close to a president should actually be sentenced to prison for it.” The article quoted chief judge Sohn Ji-yeol as saying “Some members of the Korean public view this as a political trial or a trial of public opinion. But we have adhered strictly to the law in carrying out this trial.”
The Los Angeles Times (Sonni Efron, ” S. KOREA SPLIT ON SENTENCING OF PRESIDENT’S SON,” Seoul, 10/14/97) carried an analysis which said that, while to some ROK citizens, the conviction of President Kim Young-sam’s son is proof that the ROK is finally learning the rule of law, to others he is “a scapegoat for a changing Korean political culture that is retroactively applying new standards of accountability.” The report quoted Han Sang Jin, a p
Go to the article