Entering 21st century, we experience new direction of economical cooperation between the South and North Korea thanks to the Summit Conference which was held in June, 2000. It seems the South-North trade will be more revitalized while the quantity of it increasing. Also, it's a great issue for the S...
Entering 21st century, we experience new direction of economical cooperation between the South and North Korea thanks to the Summit Conference which was held in June, 2000. It seems the South-North trade will be more revitalized while the quantity of it increasing. Also, it's a great issue for the South, aiming for being Logistical Hub of Northeast, to connect to the North Korea logistically. However, the present state of the North Korea is overall underdeveloped in logistic. This underdevelopement makes high logistic cost and it is a significant problem to be solved, for the construction of Logistics Hub must be done. It is high time to reduce the logistical cost in economical cooperation to revitalize trade, and to develop the logistical condition. In this way, connection between the South and North will be developed. First of all, social overhead capital(SOC) of the North Korea needs to be supported and improved overall. In the North nearly every SOC, for example the railway, road, port, and communication system, is backward, yet the most urgent one is the railway system. Because of the attributes of most of the North Korea's goods, the transportation is usually done with the train. Maybe it is because the train infrastructure of North Korea is developed well relatively, but the main reason for the linkage of train thru Korean peninsula is for the innovation of transportation. Secondly, we can open the seaway directly. The round-the-way route in Yellow sea is the main reason for the ineffectiveness of sea-transportation. The readjust of route for the trading transportation would benefit both North and South Korea. It is not the zero-sum game, but the win-win game of North and South.
Entering 21st century, we experience new direction of economical cooperation between the South and North Korea thanks to the Summit Conference which was held in June, 2000. It seems the South-North trade will be more revitalized while the quantity of it increasing. Also, it's a great issue for the South, aiming for being Logistical Hub of Northeast, to connect to the North Korea logistically. However, the present state of the North Korea is overall underdeveloped in logistic. This underdevelopement makes high logistic cost and it is a significant problem to be solved, for the construction of Logistics Hub must be done. It is high time to reduce the logistical cost in economical cooperation to revitalize trade, and to develop the logistical condition. In this way, connection between the South and North will be developed. First of all, social overhead capital(SOC) of the North Korea needs to be supported and improved overall. In the North nearly every SOC, for example the railway, road, port, and communication system, is backward, yet the most urgent one is the railway system. Because of the attributes of most of the North Korea's goods, the transportation is usually done with the train. Maybe it is because the train infrastructure of North Korea is developed well relatively, but the main reason for the linkage of train thru Korean peninsula is for the innovation of transportation. Secondly, we can open the seaway directly. The round-the-way route in Yellow sea is the main reason for the ineffectiveness of sea-transportation. The readjust of route for the trading transportation would benefit both North and South Korea. It is not the zero-sum game, but the win-win game of North and South.
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