Seoul relies on chaebols for North Korea investment so reform doubtful

North Korean Leader Kim Jong Un (L) and South Korean President Moon Jae-in (R) shake hands over the military demarcation line upon meeting for the Inter-Korean Summit on April 27, 2018 in Panmunjom, South Korea.

Korea Summit Press Pool | Getty Images

North Korean Leader Kim Jong Un (L) and South Korean President Moon Jae-in (R) shake hands over the military demarcation line upon meeting for the Inter-Korean Summit on April 27, 2018 in Panmunjom, South Korea.

South Korean President Moon Jae-in entered office with a pledge to reform the country’s family-run conglomerates —known as chaebols — but critics say that initiative has been sidelined as the government focuses its attention on North Korea.

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