The ROK government may be able to help North Korea set up new financial institutions during a post-sanctions "unification process," a recent report by a South Korean financial regulator argued.
The Financial Supervisory Service (FSS) report - first released on April 30 - suggests Seoul could assist the North in establishing a development bank, an export-import bank, and other institutions to help facilitate the financing required for economic development.
The ROK government may be able to help North Korea set up new financial institutions during a post-sanctions "unification process," a recent report by a South Korean financial regulator argued.
The Financial Supervisory Service (FSS) report - first released on April 30 - suggests Seoul could assist the North in establishing a development bank, an export-import bank, and other institutions to help facilitate the financing required for economic development.
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Colin Zwirko is a Senior Analytic Correspondent for NK News based in Seoul. He joined the company in 2018 after receiving a master's degree in international security and foreign policy from South Korea's Yonsei University. Follow him on Twitter.