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The DPRK has agreed to reopen its border with neighboring South Korea, and to allow tourism and family reunions to resume.
The agreement follows a meeting between DPRK's top leader, Kim Jong Il, and the chief of South Korea's Hyundai Group.
Sunday's meeting between Kim Jong Il and Hyundai Chairwoman Hyun Jeong-eun in Pyongyang has effectively revived stalled cross-border projects.
The Korea Asia-Pacific Peace Committee and the Hyundai Group released a joint statement saying that Kim Jong Il had agreed to all of Hyun Jeong-eun's requests.
The joint announcement said that South Korea and the DPRK have agreed to resume tourism to Mt.
Kumgang as soon as possible, and to launch tours of Pirobong, the mountain's highest peak. Pyongyang said it will provide visiting tour groups with all the necessary facilities and security.
In addition, the DPRK has agreed to allow land passage through the Military Demarcation Line from the south. The resumption of tourism to Kaesong, and the operation of the Kaesong Industrial Park, is likewise expected to resume soon.