Babson: North Korean leadership encouraging foreign investment | NK News
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September 18, 2026Sep 18, 2026

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Babson: North Korean leadership encouraging foreign investment

Even after Jang purge, polices indicate Pyongyang leadership's pursuit of economic growth

The North Korean leadership is pursuing foreign investment and trade in a variety of ways, through larger projects like special economic zones (SEZs) and smaller-scale policy adjustments, Bradley Babson told NK News.

Babson, a former World Bank official who serves on the Executive Committee of the National Committee for North Korea, addressed some doubts about the status of two SEZs along the North Korea-China border – Hwanggumpyeong and Wihwa Islands – in the aftermath of Jang Song Thaek’s purge. Jang’s absence, he said, is not the main issue now that North Korea is increasing foreign investment. Rather, there needs