N. Korea, Unification Church join in auto assembly venture.(World)

From: The Washington Times | Date: February 7, 2000| Author: Jones, David W. | Copyright information

NAMPO, North Korea - A brass band blared martial music into a snowstorm and more than 1,000 Nampo residents shivered in neat military-style rows as North and South Korean dignitaries broke ground last week - both literally and figuratively - for a joint-venture automobile assembly plant whose significance is as much political as financial.

Officials of the South Korea-based Unification Church hope their $300 million investment in the Pyong Hwa (Peace) Motors Corp. will...

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