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Union again threatens strike

Written: 2002-04-04 00:00:00Updated: 0000-00-00 00:00:00

A day after ending a 38-day long strike, Korea's state power union is threatening a new walkout. This if the government goes forward with privatizing their electric plants. The union ordered its 5,000 members to return to work Wednesday, a day after its umbrella labor union, the Korean Confederation of Trade Unions, negotiated a compromise with the government on its behalf. The compromise called for the power union to exclude the issue of privatization in future talks. Many power workers complained about the compromise, calling it a "surrender document." Workers will vote on it later this week. But the government is playing down the union's new strike threat. A Labor Ministry official said that after a long protest, it's realistically impossible to organize a new strike in the near future. The government plans to offer one or two thermal power plants for sale this year. Privatizing power utilities and other inefficient state firms is one of President Kim Dae-jung's economic reform priorities following the Asian financial crisis which hit the nation in 19-97.

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