Article: SOUTH KOREA TO BEGIN LIFTING BUSINESS RESTRICTIONS.(MAIN)

Byline: New York Times

TOKYO South Korea said Monday that it would begin lifting restrictions on business dealings with North Korea, clearing the way for economic cooperation between the two halves of the last country still divided by the Cold War.

The announcement Monday by President Kim Young-sam of South Korea effectively begins a race by South Korean companies to establish factories and build resorts in North Korea. Such plans had been announced two to three years ago, but were frozen last year in the crisis that developed over the Communist nation's suspected nuclear weapons program.

``It is true that in the past, intra-Korean relations ...

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