Pyongyang has agreed to a proposal for hundreds of golfers to play on the North's only 18-hole course. However, Seoul has yet to give its formal approval.
Moon Kyong-hwan, head of a Seoul-based marketing company, said he plans to bring 500 South Korean and Japanese amateur golfers to North Korea for a tournament in September.
The course near the capital, Pyongyang, was built in the mid-1980s by Korean businessmen based in Japan. The North has two nine-hole courses and a driving range.
'Golf may be the most capitalist sport,' Moon said. 'It will help improve the image of North Korea if it invites a large number of outsiders to play.'
The sport has failed to become popular in North Korea, where millions are poor and costs are prohibitive.
'Usually, I don't see many golfers on the course,' said South Korean businessman Park Sang-kwon, who regularly travels to Pyongyang.
Most of its users are foreign businessmen who pay $75 green fees, he said.
Part of the profits from the trip will be donated to help children in the impoverished communist state, Moon said.
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