December 03, 2023

N. Korean illicit trade adapts to international sanctions – Report

Decreased state control, increased marketization make N. Korea's illicit activities more difficult to monitor – report.

The increasingly informal nature of North Korea's economy is making Pyongyang's illicit international activities harder to monitor, a report published on Tuesday says.

The report, which was titled "Illicit: North Korea’s Evolving Operations to Earn Hard Currency" and published by the Washington D.C.-based Committee for Human Rights in North Korea (HRNK), examined the ways in which the North Korean regime continues to obtain hard currency, and how the country has adapted to international responses to its activities over the past decades.