The South Korean government has asked the International Monetary Fund and the World Bank for their involvement in North Korea's future economic development.<br />The Minister of Economy and Finance, Kim Dong-yeon, met on Saturday with the head of the IMF, Christine Lagarde, during the G20 meeting in Bali... and emphasized the progress made on the North Korea nuclear issue.<br />He cited the inter-Korean summits held this year,... the easing of military tensions on the Korean peninsula... and the improvement in North Korea's relations with the U.S.<br />It's widely believed that North Korea have to become a member of the IMF to readily receive international aid.<br />Kim also asked the President of the World Bank, Jim Yong Kim, to play the vital role of providing developmental assistance when the time is right -- that is, when the sanctions on North Korea start to be lifted. <br />
