March 29, 2024
News

Seoul investigating inter-Korean industrial, SME cooperation

Trilateral cooperation with China could help integrate DPRK into global value chains, argues KOSBI

The ROK government-run Korea Small Business Institute (KOSBI) is investigating ways to assist the DPRK economy in incorporating into global value chains (GVCs) and inter-Korean industrial cooperation.

In a call for third-party assistance published earlier in the month, the KOSBI argued that small and medium enterprises (SME) were likely to play a key role in future inter-Korean cooperation.

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