North and South Korean delegates continue talks

North and South Korean delegates continue talks
Wednesday, July 13, 2011 - 7:28am

South Korea's government sent a delegation to North Korea wednesday for a second round of talks to resolve a dispute over the north's decision to seize a South Korean company's assets at a jointly run resort. The South Korean Unification Ministry said they sent 14 delegates, including government officials and business leaders, to talks at the resort on the north's east coast.

The head of the delegation said the government wanted to ensure South Koreas' property rights were protected. A similar visit two weeks ago failed to resolve the issue. Last month the north said it had revised a law overseeing the joint tourism project, effectively ending South Korean company Hyundai Asan's contract to exclusively run all cross border tours to the resort.

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