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Halted Cross-border Tours Cause Huge Financial Losses

Written: 2009-10-21 13:50:59Updated: 0000-00-00 00:00:00

Halted Cross-border Tours Cause Huge Financial Losses

A Korea Tourism Organization report shows that the halt to cross-border tours has incurred financial losses totaling 322 billion won to South Korea.

The figures were revealed in a report presented by a Democratic Party lawmaker at the parliamentary audit of the state-run tourism organization Wednesday.

According to the report, the halted tours to Gaeseong and Mt. Guemgang in North Korea have caused financial damages of nearly six billion won to the Korea Tourism Organization and more than 280 billion won to tour operator Hyundai Asan and its suppliers.

Goseong County in Gangwon Province has been suffering from the accumulated financial losses of nearly 36 billion won.

The lawmaker called for active government measures to resume the tours.

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