South Korea has warned North Korea not to continue aggression
South Korea warned North Korea not to engage in more aggressive activities after the North Korean government vowed to demolish the remaining reconciliation facilities that South Korean President Moon Jae-in had built and at the same time. transfer troops to disputed border areas.
According to Bloomberg, the South Korean presidential office urged North Korea to act cautiously after the North exploded its liaison office with South Korea. This office was built in 2018 as a symbol of the unification of Korea and Korea.
On early Wednesday, North Korean state media issued several provocative statements to South Korea and the South Korean president, including a tough statement from Kim Jong-un’s younger sister, Kim Yo Jong. .
In a press conference, a South Korean President’s spokesman said: “We warn that we are no longer forgiving North Korea’s unfounded words and actions.” South Korea however did not mention how it would retaliate or whether President Moon would try to continue to heal with North Korea.
Korea has paid for the construction of this liaison office and solemnly opened the office in Kaesong Industrial Park to serve the communication activities between Korea and Korea. North Korea has stopped answering calls at the facility since last week, North Korea accused the South Korean president of failing to comply with previously established agreements before announcing on Tuesday that the court The house was destroyed by an explosion.
Hours after the building exploded, North Korean media announced that the North Korean military would be dispatched to the Kumgang industrial and tourist areas. Previously, the North Korean and South Korean governments agreed to move troops out of the area to make room for joint projects that were once symbolic of unity.
The Korean financial market immediately reacted. On Wednesday, Korea’s Kospi index fell 1.5%. Stocks of infrastructure businesses on the Korean stock exchange, the group of businesses benefiting from the Korea-North Korea trade, fell sharply as tensions between the two Koreas escalated. Hyundai Rotem shares fell about 6.6%, Hyundai Elevator shares fell 5.4%.