South Korea’s Yoon offers rare olive branch to Kim Jong Un

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South Korea’s Yoon offers rare olive branch to Kim Jong Un - Business Mirror

Quick Summary:

SOUTH Korean President Yoon Suk Yeol offered aid, dialogue and a path to unification to North Korea, making new approaches to the neighbor that has berated him with insults and threatened to annihilate his government in Seoul.

Three members of Prime Minister Fumio Kishida’s cabinet—Economic Security minister Sanae Takaichi, Defense Minister Minoru Kihara and Economic Revitalization Minister Yoshitaka Shindo—visited Yasukuni on Thursday, Kyodo News reported.

But, the budget office for South Korea’s parliament said in a 2015 report that Seoul would need to spend 4.8 quadrillion won ($3.45 trillion) over 50 years to boost the North’s income level to 66% of the average income of the South.