April 20, 2024
News

North Korea’s fuel price hike pushing up seafood prices in Yanbian, say traders

Traders in Yanbian feeling knock-on effects from high gas prices in DPRK, visit reveals

An increase in fuel costs in North Korea since April 2017 has, according to seafood vendors in China-North Korea border towns, forced them to raise their own prices.

Much day-to-day trade in consumable goods between China and the DPRK remains relatively unaffected by the latest uptick in regional political tensions, a visit to China’s Yanbian Korean Autonomous Prefecture by NK News has shown, but some local businesses appear to be feeling the pinch.

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