Moon Still Hopes to Co-Host 2032 Olympics with N.Korea
Jay Yim, Jan. 22, 2020, 10:50 a.m.
President Moon Jae-in in a Cabinet meeting on Tuesday vowed to co-host the 2032 Summer Olympics with North Korea.
The decision came a day after the government announced plans to stimulate individual tourism to North Korea despite U.S. warnings that it could violate sanctions and accusations of brazen electioneering.
The government even decided to skip a feasibility study that would be required before pursuing any event that costs more than W5 billion, citing a legal exemption for projects that are part of national policy (US$1=W1,167).
The Ministry of Culture, Sports and Tourism said the plan was agreed by the leaders of the two Koreas during their summit in Pyongyang and the International Olympic Committee has already been notified. It said co-hosting the summer games is a "key policy objective" to ensure peace on the Korean Peninsula through sports.
But a ministry official said the latest decision is only a "primary step," while a working group will be formed in the first half of this year with the Unification Ministry.
North Kora has rebuffed any South Korean overtures since its failed summit with the U.S. last February.