North Korea regularly attracts media attention for its nuclear program, its foreign policy tactics and sometimes for the supposed impossibility of foreign investors doing decent business in the country. Most North Korea business-centered stories focus on the negative aspects, outlining the unprofitable and even unethical side of business in DPRK.

However, the reality is a far more sober one than this extreme image suggests: The country is not the easiest place for a Westerner to do business but there are genuine opportunities in selected sectors like mining, light industry goods and, most recently, tourism. As information is extremely scarce and