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Leo Byrne
Leo Byrne was the Data and Analytic Director at NK News. Follow him on twitter.
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News N.Korea, China to open tax free trade zoneNew 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. “It will be possible to open in October because they have been working in Dandong and North Korea also showed an interest in developing this zone,” Lim Eul-chul, research director at the Institute for Far Eastern Studies told NK News. The new zone will cover 40 © Korea Risk Group. All rights reserved. |