North Korea’s halt of nuclear test brings hopes to South Korean economy

(VOVWORLD) - North Korean leader Kim Jong-Un's decision to halt the nuclear tests is likely to improve the geopolitical situation in South Korea, economic observers said.
North Korea’s  halt of nuclear test brings hopes to South Korean economy - ảnh 1North Korean leader Kim Jong-Un

Pyongyang's state media said it will stop nuclear and missile tests and dismantle its nuclear test site in a shift of policy focus to the economy. The conflict between North-South Korea had led to undervalued local stocks in South Korea. Though, the announcement regarding denuclearization of North Korea has raised new hopes among the investors as the inter-Korean tension is likely to be eased out. The announcement came ahead of the scheduled North-South Korea summit.

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