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Tuesday, June 14, 2011

North Korea Opens Hwanggumphyong Special Economic Zone

8 July - On Wednesday, some 1,000 people from North Korea and China, including Kim Jong Il’s brother-in-law, Jang Song-thaek, and Chinese Commerce Minister Chen Deming, attended the opening ceremony on Hwanggumphyong Island on the Yalu River that separates the two countries.

Several dozen giant advertising balloons were floating in the air as a military brass band played festive songs, and hundreds of doves were released. The messages on the balloons read “North Korea-China friendship and joint development” in a symbolic gesture for China's commitment to the project.
The two sides also reportedly signed further deals related to the joint development project, including lease terms on Hwanggumphyong. No details were immediately available.

The massive ceremony came two days after Pyongyang said it will turn the Hwanggumphyong and Wihwa islands into a economic zone to boost friendly ties with China and expand and develop external economic relations.

The DPRK’s parliament decided on Monday that the development of the zone would start with the planned Hwanggumphyong district projects.

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