Economy | NK News
July 18, 2024

Economy

Information related to the North Korea economic sector

North Korea appoints foreign trade specialist as ambassador to China

North Korea appoints foreign trade specialist as ambassador to China

Ri Ryong Nam's appointment hints at greater economic exchange between North Korea and China, experts say

North Korea appoints foreign trade specialist as ambassador to China
Chad O'Carroll
Chad O'Carroll February 19, 2021
North Korea is boldly flouting sanctions with ships full of illegal fuel
NK PRO

North Korea is boldly flouting sanctions with ships full of illegal fuel

A draft U.N. report suggests that North Korean ships are disguising themselves with greater sophistication

North Korea is boldly flouting sanctions with ships full of illegal fuel
Min Chao Choy
Min Chao Choy February 18, 2021
Open for business? North Korea can learn a lot from Cuba’s economic reforms
NK PRO

Open for business? North Korea can learn a lot from Cuba’s economic reforms

North Korea has a similar history to Cuba, but has lagged behind since the collapse of European communism in the 1990s

Open for business? North Korea can learn a lot from Cuba’s economic reforms
Peter Ward
Peter Ward February 17, 2021
North Korea is fighting to take back control of its economy from the markets
NK PRO

North Korea is fighting to take back control of its economy from the markets

Kim Jong Un steered his country away from economic reform at the recent Eighth Party Congress and Second Plenary Meeting

North Korea is fighting to take back control of its economy from the markets
Peter Ward
Peter Ward February 16, 2021
Kim Jong Un’s missing wife likely alive and well, Seoul intelligence agency says

Kim Jong Un’s missing wife likely alive and well, Seoul intelligence agency says

South Korea’s NIS also allegedly told lawmakers that North Korea is suffering from food shortages in border areas

Kim Jong Un’s missing wife likely alive and well, Seoul intelligence agency says
Jeongmin Kim
Jeongmin Kim | Won-Gi Jung February 16, 2021
New North Korean propaganda blames ‘apathetic’ citizens for its economic issues

New North Korean propaganda blames ‘apathetic’ citizens for its economic issues

North Korea seems to be shifting blame for its economic problems from external threats to internal enemies, expert says

New North Korean propaganda blames ‘apathetic’ citizens for its economic issues
Colin Zwirko
Colin Zwirko February 16, 2021
North Koreans survive on private business — and Kim will fail to stop them

North Koreans survive on private business — and Kim will fail to stop them

North Koreans also resisted former DPRK leader Kim Jong Il’s attempts to clamp down on the country’s private economy

North Koreans survive on private business — and Kim will fail to stop them
Andrei Lankov
Andrei Lankov February 15, 2021
Kim Jong Un fires economic leader a month after appointing him

Kim Jong Un fires economic leader a month after appointing him

The ruling party’s economic department director replaced, foreign affairs officials promoted

Kim Jong Un fires economic leader a month after appointing him
Jeongmin Kim
Jeongmin Kim February 12, 2021
North Korea vessels illegally exported coal and imported ‘humanitarian aid’

North Korea vessels illegally exported coal and imported ‘humanitarian aid’

It’s unclear what North Korea imported, but the country’s coal exports suggest poor sanctions enforcement abroad

North Korea vessels illegally exported coal and imported ‘humanitarian aid’
Chad O'Carroll
Chad O'Carroll February 11, 2021
US tycoon wants to pour money into North Korea, but says he has no path forward

US tycoon wants to pour money into North Korea, but says he has no path forward

Investor Jim Rogers has a vague vision for investing in DPRK tourism, but says he can’t do “anything except watch”

US tycoon wants to pour money into North Korea, but says he has no path forward
Min Chao Choy
Min Chao Choy February 11, 2021
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