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Why cold war between North and South Korea could be approaching an end

The two Koreas are actually starting to demilitarize the Demilitarized Zone

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North and South Korean athletes and delegation enter the field together waving a unification flag during the opening ceremonies of the 4th East Asian Games in 2005 Photo: reuters

John Feffer | FPIF
Remarkable changes are taking place on the Korean peninsula.

The two Koreas are actually starting to demilitarize the Demilitarized Zone (DMZ). Just in the last couple weeks, they have taken down 22 guard posts, demined the Joint Security Area, and established a no-fly-zone about the peninsula’s dividing line. They’ve pulled back from confrontation along their maritime boundary. North Korea has shut down its coastal artillery units and the two sides have discussed a plan to reduce the large number of artillery positions near the border.

One key indicator of the seriousness of these changes: speculators are driving up the price of land

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