The U.N. Development Program (UNDP) will likely resume stalled operations in North Korea in March.

The executive board of the UNDP held its first regular session this year on Friday in which it approved the resumption of UNDP operations in North Korea.

The program’s presence in the North has been suspended since March 2007, when its staff was withdrawn following U.S. allegations of funds embezzlement by Pyongyang.

The executive board said the final approval came after Pyongyang successfully met the four preconditions for resumption set by the program, including third-party audits.

An official at the South Korean mission to the United Nations said that if the UNDP resumes its operations in North Korea, the program will be in charge of the activities of the other UN agencies there.