DPRK demands S. Korea accept revised contracts on joint venture

South Korea has "got the biggest profits from the industrial park from a political, economic and military point of view," said the DPRK at government-level talks with South Korea on the joint industrial park. The DPRK also blasted South Korea for fully participating in the U.S.-led Proliferation Security Initiative (PSI) and "zealously joining" in the sanctions against the DPRK, which was intended to undermine the industrial park, said the report. The two sides, which met after the previous talks held on April 21 and June 11, had two sessions of talks in Kaesong on Friday, but failed to narrow their differences on the thorny issues. South Korea and the DPRK, on the other hand, agreed to continue their discussions on July 2. Earlier last week, the two sides held their second round of talks, as the DPRK reportedly asked South Korea to quadruple the monthly wages of DPRK workers from current 70 U.S. dollars to 300 dollars, and raise the land rent from the current 16 million dollar to 500 million dollars, a 31-fold hike; Kazinform cites Xinhua. See www.xinhuanet.com for full version.