Operations are due to resume again later this month at the Kaesong Industrial Complex on the border of North and South Korea, after an agreement was reached between the two sides earlier this week.

The industrial park in North Korea's border city of Kaesong houses 123 South Korean companies - most of which are clothing, fabric and footwear manufacturers - that employ around 53,000 North Koreans as manufacturing sector labourers.

Work at the complex came to a halt in April when North Korea pulled out its workers amid rising tensions over its nuclear programme.

The two sides now say operations will begin again next week.

As part of the agreement, they have been looking at ways to make it easier for businessmen to enter and leave the site, including the introduction of an RFID system that will enable them to come and go once they have received a daily travel permit.

Discussions are also on-going on providing internet connection and telecommunication for cell phones.

To offset financial losses incurred while the complex was closed, South Korean firms based in the Kaesong Industrial Complex will be exempt from taxes for the rest of the year. Discussions are underway on the payment of wages for North Korean workers since April.

And efforts are also being stepped up to try and attract foreign investors to the zone, with a special briefing planned for October.

A statement from South Korea's Ministry of Unification said the foundations have been set for the Kaesong zone to "become a stable industrial complex that has international competitive power," and that the agreement "will make a positive contribution to achieving durable and stable development of inter-Korea relations."