Korean Leaders Meet to Implement Summit Agreements

Sources: Korea Premiers in Rare Meeting, Korean Prime Ministers Meet

North and South Korea’s prime ministers met in mid-November in a follow-up meeting to the summit held in early October. The goal of the meeting was to discuss implementing the agreements reached during the summit. One of the agreements reached was to establish a fishing area to be used by both countries. They discussed setting this area up in the Yellow Sea, near a region that has historically been a point of dispute between the two countries.

One hope held by the South Korean government is that such economic cooperation will solidify the denuclearization of North Korea. South Korea is also going to provide a large aid package to North Korea, which some estimate could cost billions of dollars.

Question:

What might be some of the social effects (positive and negative) of the efforts towards inter-Korean economic accords?