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Inter-Korea trade hit a record high in the first half of the year, despite mounting tensions on the Peninsula, following the sinking of a South Korean naval ship.
According to a report released by South Korea's Customs Service, trade volume rose 52 percent from a year ago. The total value of the commerce was more than 980 million US dollars in the first half of 2010. The previous high was reached during the first half of 2008.
The document also warns trade between the two sides could shrink 30 percent in the second half of the year, should South Korea continue its economic sanctions against the DPRK.
- S. Korea July FX reserve at record high 2010-08-04