Text Fwd: Hyundai continues to set sails for business in N. Korea

Hankyoreh
Hyundai continues to set sails for business in N. Korea.
Posted on : Jul.6,2009 14:06 KST

Hyundai Group chairwoman Hyun Chung-eun announces, “Hyundai will never abandon business with North Korea,” during a Hyundai Dragon Ship Competition, July 4.

Chairwoman Hyun spoke at a ferry in the Han River with board members and approximately 1,000 employees on board.

In the ceremony’s opening address Hyun said, “Businesses operating in North Korea are losing their minds over the long term interruption of the Mt. Kumgang and Kaesong city tour programs, and it has likewise posed some difficulties for Hyundai.”

Hyun added, “However, Columbus was able to find the new continent with a shortage of food on only a ‘dream and a hope.’” She continued to emphasize a will for continuing business with North Korea.

Hyundai experienced a profit loss of 130 billion Won last month from the suspension of their Mt. Kumgang tours.

Photo courtesy of Hyundai