×

DPRK Business Monthly: June 2018

Published: June 2018

This regular publication looks at current international, domestic, and peninsular affairs concerning North Korea while also offering commentary and tourism information on the country.

Download this e-Publication

  • Share
  • No. of Pages: 25 pages

This regular publication looks at current international, domestic, and peninsular affairs concerning North Korea while also offering commentary and tourism information on the country.

In international news, a group of approximately 20 people from various Singaporean companies have been invited to visit North Korea to develop future business opportunities. Furthermore, South Korean President Moon Jae-in and Russian President Vladimir Putin have agreed to organize a research project to link Russia’s Trans-Siberian Railway with the inter-Korean railways.

In Inter-Korean news, according to a Korea International Trade Association survey, 80 percent of the South Korean trading companies questioned said they wanted to take part in North Korean ventures once foreign sanctions have been lifted. South Korea’s state funded Yonhap News Agency is also planning to open a bureau in North Korea’s capital, Pyongyang.

On the domestic front, Pyongyang Spring International Trade Fair was recently held, offering the government the chance to showcase its latest achievements in advanced technologies and giving outsiders the opportunity to see how far North Korea’s scientific technologies have progressed. The number of North Korean residents possessing a mobile phone is steadily increasingly and is currently at 20% of the population.

Back to top