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NK firm files lawsuit to collect payment from S. Korean company
半岛新闻网2024-09-21 17:49:17【行业动态】4人已围观
简介A suspended joint industrial complex in North Korea's border city of Kaesong is seen from the South
The company affiliated with Pyongyang's national economic cooperation federation filed the suit with the Seoul Central District Court seeking 5.3 billion won ($4.7 million) for its alleged unpaid supply, according to the sources.
Their names have not been made available.
The North Korean firm reportedly inked a deal to provide some 2,600 tons of zinc to the South Korean company in 2010, but claims that it has not received 5.3 billion won for the supply. The South Korean firm claims that it paid the money.
The case reportedly marked the first time that a North Korean company has filed a lawsuit against a South Korean firm.
South and North Korea are technically in a state of war as the 1950-53 Korean War ended in a truce, not a peace treaty. Almost all exchange between the two Koreas has come to a halt amid recently chilled cross-border ties. (Yonhap)
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