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.
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.
Chad O'Carroll is the founder of NK News/NK Pro and related holding company Korea Risk Group. In addition to being the group's CEO, O'Carroll is a frequent writer and commentator about the Koreas, having written about the two nations since 2010. He has visited the DPRK multiple times, worked and lived in Washington, D.C. with a focus on peninsula issues, and lived in the ROK since 2016.