Economy | NK News
July 20, 2024

Economy

Information related to the North Korea economic sector

North Korea committed to dismantling uranium, plutonium facilities: White House

North Korea committed to dismantling uranium, plutonium facilities: White House

U.S. prepared to "mobilize investment, improve infrastructure, enhance food security, and more"

North Korea committed to dismantling uranium, plutonium facilities: White House
Hamish Macdonald
Hamish Macdonald February 22, 2019
Chinese company planning to construct Sinuiju’s “first foreign-owned” SEZ this spring
NK PRO

Chinese company planning to construct Sinuiju’s “first foreign-owned” SEZ this spring

Five Continents Int’l Development Corp. also involved in Wonsan-Kalma, company materials claim

Chinese company planning to construct Sinuiju’s “first foreign-owned” SEZ this spring
Colin Zwirko
Colin Zwirko February 21, 2019
How international sanctions have — and haven’t — affected North Korea’s economy

How international sanctions have — and haven’t — affected North Korea’s economy

Georgetown's Bill Brown talks sanctions, the next summit, and the DPRK's "two economies"

How international sanctions have — and haven’t — affected North Korea’s economy
Leo Byrne
Leo Byrne February 20, 2019
Seoul to assist N. Korea in producing statistics needed to join IMF, World Bank

Seoul to assist N. Korea in producing statistics needed to join IMF, World Bank

South Korean President Moon Jae-in previously said DPRK could “engage in reform” by joining IFIs

Seoul to assist N. Korea in producing statistics needed to join IMF, World Bank
Dagyum Ji
Dagyum Ji February 20, 2019
Sanctioned DPRK oil tanker linked to STS transfers re-appears in Chinese waters
NK PRO

Sanctioned DPRK oil tanker linked to STS transfers re-appears in Chinese waters

An San 1 previously implicated in illicit ship-to-ship transfers of petroleum products

Sanctioned DPRK oil tanker linked to STS transfers re-appears in Chinese waters
Leo Byrne
Leo Byrne February 19, 2019
Russian fuel exports to North Korea hit yearly highs in December: UN data
NK PRO

Russian fuel exports to North Korea hit yearly highs in December: UN data

Figures continue an upward trend seen throughout the winter months

Russian fuel exports to North Korea hit yearly highs in December: UN data
Leo Byrne
Leo Byrne February 18, 2019
State media warns officials against defeatism amid “crucial moment” for N. Korea

State media warns officials against defeatism amid “crucial moment” for N. Korea

Rodong Sinmun urges workers to harness their "patriotism and will" to achieve economic goals

State media warns officials against defeatism amid “crucial moment” for N. Korea
Dagyum Ji
Dagyum Ji February 18, 2019
Mobile traffic to N. Korean online shop up 14 million since June 2017: DPRK Today

Mobile traffic to N. Korean online shop up 14 million since June 2017: DPRK Today

Majority of Manmulsang users now accessing site through mobile intranet, image shows

Mobile traffic to N. Korean online shop up 14 million since June 2017: DPRK Today
Colin Zwirko
Colin Zwirko February 14, 2019
North Korean exports to China plummeted in 2018, hit lowest levels in decades: data
NK PRO

North Korean exports to China plummeted in 2018, hit lowest levels in decades: data

Imports also down USD$1 billion when compared to the previous year

North Korean exports to China plummeted in 2018, hit lowest levels in decades: data
Leo Byrne
Leo Byrne February 14, 2019
North Korea, Russia sign cultural cooperation agreement in Pyongyang: embassy

North Korea, Russia sign cultural cooperation agreement in Pyongyang: embassy

Agreement covers copyright protection in addition to planned cultural exchanges, TASS reports

North Korea, Russia sign cultural cooperation agreement in Pyongyang: embassy
Colin Zwirko
Colin Zwirko February 13, 2019