 News North Korea seeks scrap tires, $500,000 in foreign investment for rubber plantRequest for outside funding comes despite UN ban on joint ventures with DPRK companies  A North Korean trading company wants foreign investors to chip in to a rubber factory on the country's east coast, according to a posting on an official government foreign trade website. The direct, public call for outside funding -- $500,000 and an "in-kind investment of scrap & secondhand tires" -- comes as the North continues to search for ways to bolster its economy despite a sweeping array of punishing sanctions tied to its nuclear weapons program. © Korea Risk Group. All rights reserved. |
SHARE
COPY LINK
X
MASTODON
Recent Stories
