Updates concerning Park Chung Hee's New Years speech on peaceful unification, Red Cross negotiations, and ROK refusal of dual admission of the Koreas into the UN, and the 14th preliminary North-South Red Cross negotiations.

Ozbudun sends Narasimhan a letter on Mr. Marshall Green's visit to the ROK, the doubling of Japan-DPRK trade during 1972, ROK-DPRK Red Cross talks: 3th working committee meeting, and USSR-DPRK contacts.

Ozbudun sends Narasimhan reports on the 27th session of the General Assembly and the deadlock on the Red Cross talks, views on the new Korean agenda item, significant statements by ROK officials on the Korean Question, report of UNCURK, reported initiative of Switzerland, remarks by Prime Minister on Korean Question, the text of the statement of the Minister of Foreign Affairs on July 24, 1972, Red Cross talks, the presidential emergency order, and other matters.

Ozbudun sends Narasimhan a report on ramification of the ROK troop withdrawal from Vietnam, UN policy of the ROK, North-South contacts, ROK National Assembly elections, and the old and new constitution of DPRK.

The document discusses the political strategies of the two Koreas' and their respective visions of unification. The author notes that North Korea is reaching out to the world to shore up support for Pyongyang's vision.