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South Korea will take economic integration with North Korea even if full denuclearisation is off the table

Ramon Pacheco Pardo says Seoul is pushing for economic cooperation with the North, knowing the odds of full denuclearisation are slim, out of both hope and necessity

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Illustration: Craig Stephens
It’s 2021. A train full of South Korean cars and North Korea-made textiles arrives in Europe. It takes Spanish wine, French handbags and German machinery on its way back to the Korean peninsula. A dream? Perhaps. But a dream that millions of Koreans share. Including the man at the helm in Seoul, President Moon Jae-in. 
Economic cooperation will be a key item in the agenda of next week’s inter-Korean summit. In recent weeks, Moon and other members of his cabinet have been talking up the possibility of a single inter-Korean economic community. In more concrete terms, Moon has discussed an East Asian Railroad Community binding together the whole of Northeast Asia.

From Seoul’s perspective, this is the bedrock of a lasting sustainable peace on the Korean peninsula – linking North Korea to one of the most economically dynamic regions in the world. This would fundamentally transform North Korea’s relations with the outside world. It would significantly increase the incentives for Pyongyang to seek cooperation and avoid a return to provocations.

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To explain why the South Korean government sees this as the best chance to transform inter-Korean relations in the immediate future, it is necessary to first understand the prospects of denuclearisation from a South Korean perspective. In short, few policymakers and analysts in the country believe that full denuclearisation will ever happen.

That boat has sailed. Partial dismantlement of Pyongyang’s nuclear and missile programmes might be possible. But South Korea, and the international community at large, have to work with North Korea as it is. This includes economic cooperation.

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