• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Korean peninsula

North and South Korea Hope to Leave Hostility Behind With a New Railroad Linking the Peninsula

By
Renae Reints
Renae Reints
Down Arrow Button Icon
By
Renae Reints
Renae Reints
Down Arrow Button Icon
December 26, 2018, 4:18 PM ET
Groundbreaking Ceremony For Inter-Korean Railway And Road Project
North and South Korean officials try to connect a railroad during a groundbreaking ceremony for a project to modernize access the heavily armed border. NurPhoto via Getty Images

North and South Korean officials took part in a ceremonial groundbreaking Wednesday, signing a wooden railroad tie and linking the tracks of what the nations hope will one day be a train system to bring prosperity to Northeast Asia.

However, the railway will not become a reality if U.S.-led sanctions against North Korea persist. Officials had to obtain United Nations approval just to hold Wednesday’s ceremony since it required transporting vehicles across the border to the North Korean border town of Kaesong.

U.S. President Donald Trump signed a peace pledge with North Korean leader Kim Jong Un last summer, where Kim promised to “work toward complete denuclearization of the Korean peninsula,” but details of the agreement were vague, and actual moves towards denuclearization seem to have stalled.

Despite the international concerns over the North’s weapons program, Kim and South Korean President Moon Jae-in have moved towards cooperation over hostility lately, with the railway representing a literal and figurative link between the nations.

“The railways will not only reduce time and space but also the distance between the hearts of the South and North,” South Korean transport minister Kim Hyun-mee said at the ceremony, according to PBS News.

Officials conducted a joint survey of North Korean railways this past fall (a trip that also required U.N. approval), with experts saying the northern rail lines will require a massive amount of investment to update. Reports say Seoul plans to conduct further surveys of North Korean railways and roads before creating a detailed blueprint.

“Actual construction will be pursued in accordance with progress in the North’s denuclearization and the state of sanctions against the North,” South Korea’s Unification Ministry said in a statement, according to the Associated Press.

Government officials and relatives separated by the 1950-53 Korean War were present at Wednesday’s ceremony, along with Russian officials, China’s ambassador to South Korea, and the executive secretary of the U.N. Economic and Social Commission for Asia and the Pacific.

About the Author
By Renae Reints
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

SuccessThe Promotion Playbook
JPMorgan’s CEO Jamie Dimon reveals the career goal he adopted when he was just a 28-year-old assistant: Do not speak unless you can add value
By Orianna Rosa RoyleMarch 3, 2026
24 minutes ago
Personal FinanceReal Estate
Current ARM mortgage rates report for March 3, 2026
By Glen Luke FlanaganMarch 3, 2026
29 minutes ago
Personal Financemortgage rates
Current refi mortgage rates report for March 3, 2026
By Glen Luke FlanaganMarch 3, 2026
29 minutes ago
Personal Financemortgages
Mortgage rates today, March 3, 2026
By Glen Luke FlanaganMarch 3, 2026
29 minutes ago
AIFintech
Asia’s founders are spending more money on AI tools, with use of some coding tools rising by more than four times
By Angelica AngMarch 3, 2026
1 hour ago
Rob Kaplan
C-SuiteLeadership
Goldman Sachs vice chair on the hidden trap of senior management: ‘pretty soon the bosses are no longer watching you’
By Nick LichtenbergMarch 3, 2026
1 hour ago

Most Popular

placeholder alt text
Middle East
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
By Jason MaMarch 1, 2026
2 days ago
placeholder alt text
Success
MacKenzie Scott's close relationship with Toni Morrison long before Amazon put Scott on the path to give more than $1 billion to HBCUs
By Sasha RogelbergMarch 1, 2026
2 days ago
placeholder alt text
Economy
Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever
By Eleanor PringleMarch 1, 2026
2 days ago
placeholder alt text
Success
Slack cofounder says workers and CEOs can get stuck doing 'fake' work like pre-meetings and slideshows
By Emma BurleighMarch 1, 2026
2 days ago
placeholder alt text
AI
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting
By Sasha RogelbergMarch 1, 2026
2 days ago
placeholder alt text
Health
Gen Z men are eating ‘boy kibble,’ the human equivalent to dog food, to load up on protein cheaply
By Jake AngeloMarch 1, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.