Business
Information related to the North Korea business sector
Red wine and champagne, anyone? North Korea touts its domestically-made booze
Growing North Korean interest in domestically made wines could be linked to sanctions hurdles to foreign imports
September 4, 2020
South Korean minister vows to resume Mount Kumgang tourism ‘as soon as possible’
Unification minister Lee In-young wants to revamp tourism projects, but it won’t be easy amid tensions with Pyongyang
August 28, 2020
ROK suspends plans to ease restrictions on civilian contacts between two Koreas
MOU submits final draft for the revision of 30-year-old law on inter-Korean exchanges
August 27, 2020
Why Seoul’s dream to barter for North Korean booze may soon fall apart
If supply chains involve previously sanctioned entities, then even barter trade would be blocked by U.N. sanctions
August 24, 2020
China opens new customs office along border with North Korea
The Changbaishan Customs Office will handle the only Sino-DPRK land passage at Shuangmu Peak land port
August 21, 2020
US lifts sanctions against Macao bank accused of North Korea money laundering
U.S. abandons sanctions against Banco Delta Asia after 13 years of enacting them and over a decade of appeals
August 13, 2020
Twitter abruptly restricts North Korean state media’s @coldnoodlefan account
@Coldnoodlefan drew global attention this year for promoting a new English-language DPRK media initiative
August 12, 2020
North Korean ships spotted returning to old coal smuggling routes near Vietnam
The most suspicious ship, the Mi Yang 5, was placed on a banned vessels list by the U.S. Coast Guard in 2018
August 4, 2020
North Korea in July 2020: a month in review and what’s ahead
An analysis of the main developments between July 1 and July 31
August 3, 2020
Singaporean resident fined for shipping luxury goods to North Korea
The fines follow a flurry of Singaporean court decisions related to illegal luxury goods exports to the DPRK
July 29, 2020
