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Oct 20

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South Korea outlining unification plan

Setting a deadline of June 2011, South Korea’s government has announced that it will outline a plan for eventual reunification with North Korea. The worst case scenario, some estimates predict, will be that the cost of a regime class and gradual unification could cost several trillion US dollars. This announcement, like the August 2010 announcement of a Reunification Tax is likely to stir some saber rattling on the Northern side of the peninsula.

Source: Yonhap News

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