Rahul Sharma (Editor)

5∙24 measure

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The 5-24 measure was advanced in response to North Korea's attack on Cheonanham (Cheonan Naval Vessel), which inhibited economic relations between North and South Korea.

Contents

Background

After the sinking of Cheonan, a Republic of Korea Navy ship on 26 March 2010, a South Korean investigation concluded that the ship had been sunk by North Korea, using a torpedo.

The measure was intended to address North Korean responsibility for the sinking and to normalize the relationship between South and North Korea. Contents of the Measure

The main contents of the measure are:

  • banning visits by South Koreans to North Korea
  • halting all North-South trade
  • prohibiting business expansion by South Koreans in the north
  • halting all aid projects
  • prohibiting North Korean ships from sailing in South Korean waters

    • All businesses in Kaesong Industrial Complex stopped.

    Implications

    The New Politics Democratic Party argued that the 5∙24 measure prevented NK-SK relations from progressing.

    References

    5∙24 measure Wikipedia
    (Text) CC BY-SA


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