Hyundai Group chairwoman Hyun Jeong-Eun met North Korean leader Kim Jong-Il on August 16 during her visit to Pyongyang.
Hyundai Group and North Korea's Asia-Pacific Peace Committee agreed to cooperate on five major cross-border projects that were put on hold after tensions escalated on the Korean peninsula last year.
First, the two sides have decided to resume tours to Mt. Kumgang in the North as well as allowing access to Mt. Kumgang's highest peak, Birobong. The North promised to provide all necessary facilities and security for tourism.
Second, the North decided to lift controls on border crossings which were restricted from Dec 1 last year.
Third, they agreed to restart tours to the ancient city of Kaesong while boosting operations at the joint industrial complex there.
Fourth, following the agreement made in Nov 2007, the North reaffirmed South Korean tourists’ access to North Korea’s Mt. Paektu, the highest peak on the peninsula, as soon as preparations are completed.
Furthermore, the two sides have decided to hold cross-border family reunions at Mt. Kumgang alongside "Chuseok," the thanksgiving holiday, which falls in early October this year.