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June Inter-Korean Trade Down 20%

Written: 2009-07-18 12:35:07Updated: 0000-00-00 00:00:00

June Inter-Korean Trade Down 20%

The volume of inter-Korean trade shrank 20 percent in June compared to the same month last year.

The Unification Ministry said the trade volume fell to 118 million U.S. dollars from 147 million dollars posted in June of 2008.

In particular, aid to North Korea plunged nearly 83 percent from almost five-point-seven million dollars to less than one million dollars year on year.

The trade volume of inter-Korean economic projects, including the Gaeseong Industrial Complex, shrank almost 12 percent.

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