Equity and contractual joint ventures boom in Korea

Pyongyang, June 10 (KCNA) -- Korea is pushing ahead with equity and contractual joint ventures with foreign businesses around the world. More than 200 joint venture companies are active at home and abroad in industry, agriculture, bank, health services, welfare,services and other domains. Among the companies are the Kumgang Motor Joint Venture Company, the Moranbong Joint Venture Company, the International Chemical Joint Venture Company, the Pyongyang Piano Joint Venture Company, the Mangyongdae Plastics Joint Venture Company and the Pyongyang Silk Company. The Kumgang Motor Joint Venture Company introduced the technology of making a new-type motor, an advanced pressure casting machine, precision stamping equipment, multi-shaft processing equipment and other machines to ks-20g motors. The motor is in great demand for it is widely used for rice-seedling pulling machine, rice-transplanting machine, rice harvestor, felling saw, small-size pump and mini-tractor. The kh17 motor produced by the company is also popular with people. The Moranbong Joint Venture Company turns out more than 1,100,000 sets of clothes, including clothes for men and jackets, a year. The International Chemical Joint Venture Company produces some ten kinds of metals and various kinds of microelements through the treatment of monazite headings. The solid foundations of the independent national economy of the DPRK greatly help create conditions favorable for equity and contractual joint ventures. The Rajin-Sonbong Economic and Trade Zone called the golden triangle appeals to investors. Low income tax (below 12 to 14 percent) and free travel and other special favors and privilege are guaranteed by law in the zone.

Kim Jong Il visits machinery plants

Pyongyang, June 10 (KCNA) - General Secretary Kim Jong Il gave personal guidance to the January 18 General Machinery Plant and the Chongchongang Machinery Plant on Monday. At the January 18 General Machinery Plant, one of the country's leading machine producers, he looked round various processes for a long time to learn about production. He noted with great satisfaction that the workers of the plant are working hard to increase production under the banner of self-reliance and keeping the plant and worksites neat and clean. He praised the workers and technicians of the plant for the achievements made by them over the past 30 years, saying that they have produced large quantities of modern machines for different domains of the national economy and positively contributed to the consolidation of the independent industrial foundation of the nation. He was very glad that the workers of the plant have steadily increased production with their own efforts, convinced that self-reliance is the only way out. He saw a performance given by the plant's travelling art propaganda troupe at the worksite and congratulated the performers on their fresh and effective political propaganda and agitation for increased production. At the Chongchongang Machinery Plant, he went round various workshops and learned about production. He said, "We have accelerated the triumphant march of socialism, undaunted by the persistent blockade of the imperialists and reactionaries and their efforts to isolate and stifle the DPRK." He called for building a prosperous socialist paradise of the people on this land by mobilizing the inexhaustible economic potentials to the full. During the guidance, he specified tasks facing the two plants and had pictures taken with their labor innovators.

Minhwahyop inaugurated

Pyongyang, June 10 (KCNA) -- Organisations and figures of political, social, cultural, religious and other circles in the Democratic People's Republic of Korea inaugurated Council of National Reconciliation (Minhwahyop) in Pyongyang on June 8. The council elected vice-chairman Kim Yong Ho of the central committee of the Korean Social Democratic Party the chairman of the council and also elected its vice-chairman and members. The council will work hard to promote visit, contact, dialogue and cooperation with organisations and figures in South Korea and abroad who love the country and nation and aspire after national reunification.

Demonstration in front of U.S. embassy in S. Korea

Pyongyang, June 10 (KCNA) -- South Korean students staged an anti-American demonstration in front of the U.S. embassy in Seoul on June 6, according to a report. They said that the U.S. Administration has put the South Korean economy under the trusteeship of the International Monetary Fund. They expressed indignation with the colonial rulers by throwing rotten eggs on the wall of the embassy building. Gangsters of the Jongro police station arrested seven students on charge of violation of the "law on assembly and demonstration".

Anti-"government" struggle urged

Pyongyang, June 10 (KCNA) -- The National Democratic Front of South Korea central committee (NDFSK) released an "Article to Workers" on June 5, Seoul-based radio Voice of National Salvation said. The South Korean working class held up the banner of anti-"government" struggle before anyone else after the appearance of an anti-social, sycophantic self-styled "government for the people", adorned may as a month of struggle and greeted June when they will gain fresh success, the article says, and continues: The laboring masses should not take a step back from the line they have already occupied. Nor should they take down the banner. The immediate orientation of the South Korean labor movement is to turn the anti-"government" struggle for vital and basic rights of the laboring masses into a mass and total one. The labor movement in South Korea should become a mass struggle in which ten million workers are all involved. It is important to bring about a close combination of an economic struggle and a political one and step up the struggle for independence against the United States and other foreign forces. It is also important not to play into the hands of the present authorities who are resorting to a trick for reform. The article calls upon trade unions and workers throughout South Korea to support with one another in firm solidarity for rights and interests common to them, develop struggle confined to industry and region into a joint struggle and foil the present rulers in their wicked plan to divide and disorganise the labor movement. It also calls for tightening the ties between ten million workers and one million students to overthrow the colonial government of South Korea.

Rodong Sinmun on way of preserving world peace

Pyongyang, June 10 (KCNA) -- President Kim Il Sung gave the most clear and perfect answers to problems in building a new peaceful world free from war. In this connection, Rodong Sinmun today comes out with a signed article. He pointed out that, in order to defend peace, all countries and nations must maintain independence, oppose the policy of strength and jointly conduct a powerful international struggle to prevent aggression and war, the author of the article says, and continues: What is of particular importance is that all countries should not follow the war policy of the imperialists by thoroughly maintaining independence. If all countries and nations oppose the war policy of the imperialists and refuse to join or follow it, the imperialists can no longer resort to war. Although the Cold War has come to an end, there exist imperialist reactionary forces who want to solve all problems with the policy of strength. Only when all countries and nations resolutely fight against the policy of strength can they defend peace. If peace is to be made to settle in the world, it is imperative to strengthen international unity. All the countries and nations should jointly conduct a powerful international struggle against the imperialist reactionary forces intent on war. Only then can they prevent war and preserve peace.

Japanese authorities hit for reactionary film show

Pyongyang, June 10 (KCNA) -- A reactionary film "Pride, the Fateful Moment" eulogizing Hideki Tojo, a class a war criminal of militarism, is being screened without reserve in Japan in defiance of the just protests of people within and outside Japan. The Japanese government authorities are to blame for this. Rodong Sinmun today says this in a signed article captioned "What Japanese rulers seek in screening militaristic film". The article says: The ongoing film show is by no means accidental but a product of the Japanese government authorities' wrong viewpoint of the past. If they approach the past with correct viewpoint and position, want to draw a lesson from history and make a new start for peace, they should not have acquiesced and tolerated the film show. The acquiescence and tolerance of the film show is their mute sympathy with and backing for the film. It can be said that they seek in this to bury the crime-woven past in oblivion of history or beautify it in order to avoid the responsibility for it and compensation. The Japanese rulers also seek to create an atmosphere favorable for overseas aggression in the society. The film show is a product of Japan's policy and strategy concerning overseas expansion. The Japanese authorities should have a good knowledge of the world public opinion and the trend of the times and stop the film show.

Treacherous international real estate exhibition slated in S. Korea

Pyongyang June 10 (KCNA) -- The South Korean authorities decided to hold an international real estate exhibition in Seoul in early July, a Seoul-based radio reported. The exhibition in essence means auctioning off land and other real estate of South Korea to foreign monopoly capitalists. The South Korean puppets, in a bid to justify their criminal act, decided to liberalize foreigners' purchase of real estate from July 1 by instituting a relevant law. They are advertising that the measure was taken to tide over the present economic difficulties. However, it is very clear that the measure will result in deepening the dependence of South Korean economy upon foreign monopoly capital.

Kim Jong Il sends wreath to Nigerian embassy

Pyongyang, June 10 (KCNA) - General Secretary Kim Jong Il today sent a wreath to the Nigerian embassy in Korea to express condolences over the death of Sani Abacha, head of state of Nigeria. The wreath was laid before his portrait. Written in the ribbon hanging on the wreath were letters "To the memory of H.E. General Sani Abacha. Kim Jong Il".

Greetings to Iranian speaker of parliament

Pyongyang, June 10 (KCNA) -- Yang Hyong Sop, Chairman of th1 Supreme People's Assembly, sent a message of greetings to Ali Akbar Nateq Nouri upon his reelection as speaker of Parliament of Iran. The message expressed the belief that the friendly and cooperative relations between the two parliaments would further develop on good terms and wished him success in his work for the prosperity of the country.