In North Korea, quiet changes in contract law point to a fundamental shift in central government policy toward state-owned enterprises and markets. These changes represent a recognition of reality in much of the industrial and agricultural economy, but they are nonetheless significant. NK Pro analysis reveals the following:

In areas of economic life that the regime does not seek to centrally manage, state firms now possess rights to enter into contractual relationships with suppliers, purchasers and sometimes foreign entities; Oversight consists of reporting and registration of goods and services being traded, should those goods be considered important enough