April 26, 2024
News

N.Korea, China to open tax free trade zone

New zone will be for residents near the border at Dandong, set to open in October

North Korea and China yesterday agreed to open a tax free trade zone at Dandong on the border between the two countries, according to a report from Chinese media.

The local government in China’s Liaoning Province said the new measures would go into effect from October and facilitate trade for people living near the border.

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