Anchor: Seoul is shutting down the inter-Korean factory park in North Korea in response to the communist country's latest nuclear test and long-range missile test. The South Korean unification minister said that money has been getting into North Korea through the Gaeseong Industrial Complex, and it's been used for developing nuclear weapons.
Our Kim Bum-soo has more. 

Report: South Korea has decided to suspend operations of the inter-Korean Gaeseong Industrial Complex in North Korea.

Unification Minister Hong Yong-pyo on Wednesday announced the decision in response to the North's fourth nuclear test and sixth long-range missile launch.

[Sound bite: Unification Minister Hong Yong-pyo (Korean)]
"In order to stop cash from Gaeseong flowing into North Korea's nuclear and missile development and to prevent our corporations' sacrifices, we decided to suspend the Gaeseong complex."
"Previous response measures cannot stop North Korean nuclear and missile programs."

The unification chief said that around 616-billion won, or around 514 million dollars, went into North Korea through the inter-Korean factory park so far, and the cash seems to have been used in advancing nuclear and missile technologies.

The minister also stressed that North Korea's latest provocations cannot be overlooked, noting that they took place despite the international community's repeated warnings.

Hong added Seoul has worked for a stable development of the complex but operating the park is no longer feasible as Pyongyang's provocations threaten the safety of South Koreans and peace on the Korean Peninsula.

South Korea informed the North of its decision to halt operations around 5 p.m. on Wednesday. As of Wednesday afternoon, 184 South Korean people are at the complex.

The unification minister said the government will place top priority on guaranteeing the safe return of the South Koreans. The government plans to swiftly complete, within days, efforts to withdraw all personnel on site.
 
Hong said the government fully understands that the South Korean businesses in the industrial complex will face hardships with the latest decision.
 
He said the government will form a pan-governmental support group to minimize losses suffered by South Korean firms.
Kim Bum-soo, KBS World Radio News.