Seoul unlikely to receive 3 tln won in outstanding loans, interest from N. Korea
Feb 13, 2016
SEOUL/SEJONG -- South Korea is unlikely to get back 3 trillion won (US$2.5 billion) in outstanding loans and interest payments it provided North Korea in the past with the freezing up of relations following Pyongyang's recent nuke test and long-range missile launch, observers said Saturday.According to data provided by the finance ministry and Export-Import Bank of Korea (Korea Eximbank), the country provided 2.5 trillion won worth of direct funds and indirect assistance to its northern neighbor