Economy
Information related to the North Korea economic sector
North Korean insurance firm planning entry to Russian market, association says
Russian insurers call move ‘promising,’ though expert raises doubts that reinsurer could pay out in case of incident
November 23, 2023
North Korean rice imports from China drop amid alleged arms trade with Russia
Expert says Moscow may be sending more food staples in exchange for weapons, as wigs again top DPRK exports
November 21, 2023
North Korea-China trade slumps in October but remains far above pandemic lows
Chinese data shows slight decline in exports and imports, while Russia-DPRK trade reportedly sits at just $28M for year
November 20, 2023
Russia, North Korea discuss exploration of gold and rare earth metals: Moscow
Two sides also reportedly held talks on food trade and other cooperation, as Russian delegation departs Pyongyang
November 17, 2023
Chinese law firm to open first office in North Korea despite sanctions concerns
Jingsh say it will support foreign investment and acquisitions, years after UN sanctions drove out other law firms
November 16, 2023
The growing evidence of North Korean weapons trade with Russia – Ep. 315
The NK News team discusses Pyongyang’s ties with Moscow, overseas IT workers, boat defections and more
November 15, 2023
High-level Russian delegation in North Korea for economic talks: State media
Discussions are first under bilateral commission since 2019 and follow Kim-Putin summit on expanding cooperation
November 15, 2023
North Korea boasts of successful kids camp project despite 14-year delay
State media credits Kim Jong Un but ignores drawn out construction, likely due to chronic shortages and mismanagement
November 14, 2023
Russia could provide farmland to North Koreans in Far East, governor says
Head of Primorsky Krai says delegation from region will visit DPRK this year to discuss tourism and trade cooperation
November 13, 2023
How North Korea pillories the South’s fertility crisis, while ignoring its own
State propaganda blames capitalism for low birth rates in other countries but praises DPRK mothers as ‘labor heroes’
