North Korea has established new laws to strengthen organizational control over markets and financial systems, state media reported on Sunday, with an expert telling NK News that the laws aim to improve the state’s ability to raise revenue.

The Standing Committee of the Supreme People’s Assembly (SPA) led by Choe Ryong Hae reportedly met on Friday to adopt laws on electronic transactions, financial record-keeping, international trade fairs and more, according to Korean Central Television (KCTV).

The SPA adopted seven laws in total, including ones addressing the rail freight transport system, the use of oxen instead of modern farm machinery and