Doing business with North Korea: Patience pays off
Regime makes changes to upgrade its technology, but still hampered by inefficiency, cronyism
Editors Note: This interview was conducted prior to North Korea’s fourth nuclear test and subsequent rocket launch
North Korea may not seem the best candidate for a business partner.
In fact, it has many issues businessmen may find uninviting —inconvenient immigration control, rigid party bureaucracy and global notoriety. Yet none of them have deterred a Swiss businessman from doing business there.
Daniel Marbot does a variety of business with North Korea. His main area of business lies within textiles, especially silk, but he also discussed introducing German power generators into North Korea
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