April 25, 2024
News

Tissot watches still for sale in Pyongyang, despite UN Security Council sanctions

Image reveals high-end luxury goods being sold in the North Korean capital

Wristwatches produced by luxury Swiss manufacturer Tissot continue to be on sale in North Korea, images taken in January and obtained by an informed source show, despite UN sanctions forbidding the DPRK from importing luxury goods.

One watch pictured at a hard-currency shop in Pyongyang included a price tag of KPW148,000 – about $1,450 based on NK Pro official exchange rate data in late April – up some 40% from the timepieces’ $975 selling price on Tissot’s official website.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.