Economy | NK News
July 17, 2024

Economy

Information related to the North Korea economic sector

How US-China rivalry impedes North Korea’s denuclearization
NK PRO

How US-China rivalry impedes North Korea’s denuclearization

Great power competition is creating a dangerous regional divide, pushing Pyongyang further into Beijing’s orbit

How US-China rivalry impedes North Korea’s denuclearization
Marialaura De Angelis
Marialaura De Angelis September 19, 2022
North Korea scraps massive ‘motherships’ after using them to smuggle oil: Report
NK PRO

North Korea scraps massive ‘motherships’ after using them to smuggle oil: Report

UN Panel of Experts identifies new tactic to destroy evidence as DPRK continues efforts to elude sanctions monitors

North Korea scraps massive ‘motherships’ after using them to smuggle oil: Report
Ethan Jewell
Ethan Jewell September 16, 2022
State media review: The wide world of sports takes North Korea by storm
NK PRO

State media review: The wide world of sports takes North Korea by storm

An in-depth analysis of sports competitions, letters from China and Russia, agricultural ‘morale’ and more

State media review: The wide world of sports takes North Korea by storm
Seung-Yeon Chung
Seung-Yeon Chung September 15, 2022
Kim Jong Un sets ambitious economic goals but has no real plan to achieve them
NK PRO

Kim Jong Un sets ambitious economic goals but has no real plan to achieve them

In latest speech, North Korean leader doubles down on decades-old proposals that have failed to fix incentive problems

Kim Jong Un sets ambitious economic goals but has no real plan to achieve them
Peter Ward
Peter Ward September 13, 2022
North Korea and Russia agree to resume rail traffic, provincial government says

North Korea and Russia agree to resume rail traffic, provincial government says

DPRK ambassador to Moscow reportedly reaches deal with Primorsky governor to open border for first time since 2020

North Korea and Russia agree to resume rail traffic, provincial government says
Ifang Bremer
Ifang Bremer September 9, 2022
North Korean waters see fewer intrusions as China’s fishing season resumes: Data

North Korean waters see fewer intrusions as China’s fishing season resumes: Data

Beijing recently warned fishers to avoid North Korean waters, where violent clashes have sometimes taken place

North Korean waters see fewer intrusions as China’s fishing season resumes: Data
Ethan Jewell
Ethan Jewell | Ifang Bremer September 9, 2022
North Korea promotes ‘encrypted’ money transfers through new financial product
NK PRO

North Korea promotes ‘encrypted’ money transfers through new financial product

Service advertised in recent brochure likely aims at concentrating foreign currency in state hands, experts say

North Korea promotes ‘encrypted’ money transfers through new financial product
Chad O'Carroll
Chad O'Carroll | Sojin Jung September 6, 2022
North Korea in August 2022: A month in review and what’s ahead
NK PRO

North Korea in August 2022: A month in review and what’s ahead

An analytical look at the main developments from August 1, 2022 to August 31, 2022

North Korea in August 2022: A month in review and what’s ahead
NK Pro
NK Pro September 2, 2022
North Korea updates foreign trade law in apparent attempt to control money flows
NK PRO

North Korea updates foreign trade law in apparent attempt to control money flows

Introduction of new rules for second time during pandemic suggests lockdown led to more restrictive business environment

North Korea updates foreign trade law in apparent attempt to control money flows
Martin Weiser
Martin Weiser August 31, 2022
South Korea to cut unification ministry budget for first time in five years

South Korea to cut unification ministry budget for first time in five years

Drop in funding for ministry overseeing North Korea due to broader austerity push and fewer defector arrivals

South Korea to cut unification ministry budget for first time in five years
Jeongmin Kim
Jeongmin Kim August 30, 2022
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