Economy
Information related to the North Korea economic sector
North Korea shuts down Angola embassy as diplomatic closures widen
Move follows closure of Uganda embassy and as media report DPRK to shutter over a dozen missions due to financial issues
October 30, 2023
Declining Chinese border town eyes North Korean workers for economic revival
New industrial park in Kaishantun is far from population centers, suggesting plan to use DPRK workers for cheap labor
October 30, 2023
What North Korea can learn from China’s successful agricultural reforms
DPRK is unlikely to embrace privatization, but China’s experience with co-ops of smaller farmers could serve as a guide
October 27, 2023
North Korea to raise tourism prices, move to dollar payments: Tour company
Expert warns move away from euros could result in sanctions violation by foreign visitors to DPRK
October 26, 2023
State media review: North Korea promotes new smartphones at local trade shows
An in-depth analysis of cell phone industry revival, claims of good harvest, criticism of US weapons in Ukraine and more
October 26, 2023
Imports of food and hair for wigs drive 4-year high in North Korea-China trade
Surge in wheat purchases points to effort to diversify diets, while imports of sanctioned goods increase 19-fold
October 20, 2023
North Korean leader Kim Jong Un meets Russia’s top diplomat in Pyongyang
Sergei Lavrov said he discussed intensifying political and economic ties with his DPRK counterpart Choe Son Hui
October 19, 2023
North Korea’s trade with China hits nearly four-year high on hike in imports
Value of imports increases for fourth month in a row as DPRK continues to relax pandemic border restrictions
October 19, 2023
A centerpiece of Kim Jong Un’s reforms survives push to reassert state control
Analysis suggests North Korea has not yet abandoned earlier reforms, even as it has reigned in order contract system
October 17, 2023
Why sanctions alone are not enough to rein in North Korean cybercrime
Experts say governments and tech firms must evolve and coordinate on global scale to thwart Pyongyang’s growing toolkit
October 13, 2023
