North Korea has a justifiably terrible reputation with foreign investors. The country’s leadership has been aiding and abetting theft from foreign investors on an industrial scale since the 1970s, when the country borrowed literally billions of dollars from Western firms and banks and then defaulted.

But a number of South Korean firms invested in DPRK economic projects during the Sunshine Policy era of inter-Korean rapprochement, and some still see opportunities in one day helping North Korea develop and utilizing the country as a source of cheap labor.

But does North Korea really hold any