North Korea has recently announced the opening of no less than 14 new Special Economic Zones (SEZs), in addition to the existing four (plus two Special Administrative Regions). While the development of the SEZs project in the DPRK already seemed rather chaotic, Pyongyang’s economic opening-up strategy is now more blurred than ever. More than 20 years after the opening of the Rason SEZ, are North Korea’s Special Economic Zones still going nowhere?
[caption id="attachment_118693" align="aligncenter" width="690"] New SEZ Locations | Picture: Google Earth[/caption]
North Korea has recently announced the opening of no less than 14 new Special Economic Zones (SEZs), in addition to the existing four (plus two Special Administrative Regions). While the development of the SEZs project in the DPRK already seemed rather chaotic, Pyongyang’s economic opening-up strategy is now more blurred than ever. More than 20 years after the opening of the Rason SEZ, are North Korea’s Special Economic Zones still going nowhere?
[caption id="attachment_118693" align="aligncenter" width="690"] New SEZ Locations | Picture: Google Earth[/caption]
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