By Tyler Durden
On Friday an unprecedented development occurred that could put the Korean peninsula on a permanent trajectory of stability should talks between the North and South continue their positive direction, and which signals an intensification of diplomacy between the two.
South Korea has opened a new liaison office in the North Korean city of Gaeseong (or alternately Kaesong), which is to allow for 24-hour communication between the two sides for first time since war. The office is located inside an industrial park — and Gaeseong is just inside the North’s side of the border.
Two Koreas’ Liaison office opening ceremony on September 14, Yonhap via AP
It’s being described as allowing “around-the-clock” communication between rival officials on either side the military demarcation line, and could avoid the potential for future misunderstandings or provocations, and further comes amidst a parallel diplomatic push by the United States and its allies for complete North Korean denuclearization.
When the proposal was being finalized this summer, however, the US was opposed to the plan, with the State Department last month saying progress between the two Koreas must occur “in lockstep” with talks on the north’s denuclearization.
According to Bloomberg:
The Aug. 20 announcement of the office’s …read more
Source:: Zero Hedge