South Korea tells its firms to stop PoK investments


SEOUL: South Korean vice minister for foreign affairs Cho Hyun said here on Monday that the South's government has given "enough warning" to companies that have shown interest in investing in Pakistan Occupied Kashmir (PoK) to refrain from doing so.

"South Korea fully understands India's sensitivity. We will try to refrain these companies from working in PoK," Cho said. He was earlier posted in New Delhi as South Korea's ambassador.

Admitting that a few South Korean companies had shown interest in doing business in PoK, Cho did not give their names. The issue of South Korean companies' interests came up after Pakistan tried to get investment in energy and infrastructure projects in PoK and Gilgit-Baltistan.

These two regions, which were parts of undivided J&K, are claimed by India by a parliamentary resolution. Earlier, India had also raised its concerns with China over huge Chinese investments in PoK.


Subscribe to receive free email updates: