The two zones will provide faster customs clearance and more convenient services for travellers who drive themselves or travel in groups. Policies on tourism investment and financing, land, and human resources will be improved and implemented, said the ministry.
The trilemma, however, is inescapable for monetary policymakers. Guo has also noted that one challenge could be the appreciation pressure on the currency if its exchange rate is allowed to float more freely during the internationalization process along with capital inflows.
The transaction is expected to close during the first quarter of 2018.
The two sides have agreed in principle to sign a currency swap deal at an early date, and this will help safeguard financial market stability and promote investment facilitation, Li said.
The two sides will join hands in addressing all kinds of global challenges and improve global governance in order to provide more positive energy for world peace and stability, he added.
The two leaders then adopted a vaguely worded document on the "complete denuclearization of the Korean Peninsula" but little progress has since been made on dismantling the North's nuclear program.
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The two leaders met again in Panmunjom on May 26 before the DPRK-US summit on June 12 in Singapore.
The two sides have also expanded infrastructure and industrial partnerships, with a number of flagship projects underway.
The two parties expect sales volume will grow 100 percent from the current 1 million liters to 2 million liters within one year.
The turmoil has not been confined to the Anglosphere. France's Emmanuel Macron is facing a revival of the gilet jaunes protests by those who believe their lives are being overlooked by an overweening elite.