Unification Preparation Council talks micro-finance for N.Korean business | NK News
NK News Logo
October 06, 2026Oct 06, 2026

Weapon Directory

News

Unification Preparation Council talks micro-finance for N.Korean business

President-led council discusses possible support from Seoul for N.Korean domestic market

Seoul’s Unification Preparation Council, an organization under direct presidential control, discussed how to promote domestic industry and marketization in North Korea during a meeting Thursday at the Blue House.

The meeting was attended by President Park Geun-hye, who chairs the organization, as well as Minister of Unification Hong Yong-pyo and Jeong Jong-wook, who serve as the council’s vice chiefs. Media coverage was not permitted.

Four council departments presented: diplomacy and security, law and politics, society and culture, and economy. The head of the economic department reported on ways to vitalize marketization trends in North Korea.

A report entitled “Measures to support