Picture of the Day: Kaesong Firms To Lose Huge Profits

Head of body of S. Korean firms at Kaesong

Jung Ki-sup, chief of the association of 124 South Korean firms at the Kaesong Industrial Complex in the North’s border city, speaks to reporters after meeting with lawmakers of the ruling Saenuri Party at the National Assembly in Seoul on Feb. 12, 2016. The Kaesong-based firms are expected to see huge losses, as the North expelled all South Korean nationals from the complex the previous day and froze the factory assets of South Korean firms in retaliation for Seoul’s decision to shut down the complex. (Yonhap)

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