Plan for reunification of Koreas

Second Summer

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SEOUL — South Korea's President Park Geun-hye, has announced a committee to prepare for reunification with North Korea. President Park said unifying with the north would be an economic bonanza, but analysts say the south would face a heavy financial and legal burden.[...]

President Park in a New Year's speech described merging South Korea's advanced technology with North Korea's resources and cheap labor as an economic jackpot.[...]

South Korea's Finance Ministry last year estimated reunification could cost up to seven percent of the annual Gross Domestic Product (GDP) for a decade. [...]
Full article: South Korea Committee to Prepare for Reunifcation with North (Voice of America, February 25, 2014 )