March 25, 2023

Doing business in the DPRK: N. Korea’s contemporary investment climate

In part one of survey series, five business specialists explain N. Korea's investment climate

North Korea's business and investment environment is a subject on which little contemporary information exists, despite the country's strategic location between three of the world's largest economies.

While in the early 2000s a relatively large number of Western companies expressed interest in the emerging North Korean market, following Pyongyang's nuclear test in 2006 and a subsequent ratcheting of UN sanctions, much of this interest consequently dwindled.