Thu, Dec 02, 2004 - Page 5 News List

North Korea holds S Korean equipment

NO PROGRESS North Korea is demanding compensation for the suspension of a power project, and has seized cranes and construction vehicles as a bargaining chip

AP , NEW YORK

KEDO is continuing to pay leasing fees to the South Korean companies "for equipment that is not being used. We have a budget that we have to live within," Kremer said. The reduced KEDO staff at the Kumho site is maintaining the partially built project and caring for the equipment and vehicles.

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