Why Seoul's dream to barter for North Korean booze may soon fall apart

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Why Seoul’s dream to barter for North Korean booze may soon fall apart

If supply chains involve previously sanctioned entities, then even barter trade would be blocked by U.N. sanctions

Jeongmin Kim | Min Chao Choy August 24, 2020

Why Seoul’s dream to barter for North Korean booze may soon fall apart

NK News

Update: 7:54pm KT -- This article has been updated to emphasize the connection between Kaesong Koryo Insam Trading Corporation and the U.N. sanctioned Daesong General Trading Corporation

After a buzzing debut across international headlines, the idea of an inter-Korean barter deal may be on the brink of collapse: South Korean authorities are currently exploring whether the potential deal could be linked to sanctioned North Korean entities.

About the Authors

Jeongmin Kim

Jeongmin Kim is the Lead Correspondent at NK News and Editorial Director at KOREA PRO, based in Seoul. Kim covers inter-Korean relations and North and South Korean foreign and military affairs. Kim has covered the 2022 ROK presidential election on the ground, and prior to joining NK News, she worked for the CSIS Korea Chair in Washington D.C. and Reuters news agency’s Seoul bureau.

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Min Chao Choy

Min Chao Choy is a data journalist for NK News and NK Pro. Choy specializes in news and analysis relating to DPRK shipping and aviation movements, sanctions, and cyber-security.

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