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South Korea Restarts DMZ Railway, Expands Cooperation Fund

8/5/2026

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Story summary
  • South Korea will restart work on Gyeongwon Line segment near the DMZ that could link to North Korea’s city of Wonsan, Unification Minister Chung Dong-young said on Aug 5 2026.
  • Lee Jae Myung called the effort “shouting into an echo-less void” but urged continued peace work.
  • The ministry will expand the Inter-Korean Cooperation Fund, which spends only about 2%-3% annually, and seek decree changes to fund border projects and North Korea studies.