Business
Information related to the North Korea business sector
Russian fuel giants source of oil worth millions to the DPRK in 2018-19: report
At least 200 shipments to North Korea totalling $26 million tied to Gazprom and Rosneft
September 11, 2020
From planes to stallions: North Korea’s Air Koryo breaks into the horse business
The DPRK’s national airline is building new equestrian facilities at a giant resort, but who’s the target customer?
September 9, 2020
How a small Chinese city exploded into a major port for North Korean trade
150 companies in Dandong were behind around 25% of Chinese exports to North Korea in 2016 — roughly $750 million
September 4, 2020
North Korean statues are showing up in Africa — and they could be illegal
One French-speaking DPRK businessman hopped across countries and brokered potentially-sanctioned statue deals
September 4, 2020
Red wine and champagne, anyone? North Korea touts its domestically-made booze
Growing North Korean interest in domestically made wines could be linked to sanctions hurdles to foreign imports
September 4, 2020
South Korean minister vows to resume Mount Kumgang tourism ‘as soon as possible’
Unification minister Lee In-young wants to revamp tourism projects, but it won’t be easy amid tensions with Pyongyang
August 28, 2020
ROK suspends plans to ease restrictions on civilian contacts between two Koreas
MOU submits final draft for the revision of 30-year-old law on inter-Korean exchanges
August 27, 2020
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
August 24, 2020
China opens new customs office along border with North Korea
The Changbaishan Customs Office will handle the only Sino-DPRK land passage at Shuangmu Peak land port
August 21, 2020
US lifts sanctions against Macao bank accused of North Korea money laundering
U.S. abandons sanctions against Banco Delta Asia after 13 years of enacting them and over a decade of appeals
August 13, 2020
