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DPRK develops tourism as one of its “major industries”
According to KCNA (2013-8-28): The Democratic People’s Republic of Korea is directing big efforts to developing tourism as one of major industries. In this regard, KCNA met Jo Song Gyu, director of the...
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State Economic Development Commission / Special Economic Zones
UPDATE 2 (2013-10-31): Rodong Sinmun follows up on the Economic Development Commissions’ conference on Special Economic Zones: On Oct. 16 KCNA reported that the Pyongyang International Conference on...
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DPRK Law on Economic Development Zones Enacted
UPDATE 4 (2013-9-6): On May 29, the Presidium of the Supreme People’s Assembly promulgated the “DPRK Law on Economic Development Zones“. Now it appears they have named a body to administer the law....
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DPRK debt will hamper development of Economic Development Zones
According to the Daily NK: North Korea’s unserviced external debt will make it difficult for the country and its partners to implement plans for special economic zones, it has been pointed out. North...
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New info on the DPRK’s exchange rates and Economic Development Zones
James Pearson writing in Reuters updates us on the state of the DPRK’s domestic currency: In a dimly-lit Pyongyang toy shop packed with Mickey Mouse picture frames and plastic handguns, a basketball...
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DPRK’s “Economic Research” focuses on regional economic development zones
According to Yonhap: North Korea is focusing more on diversified development of its economy and pushing regional industries to play a greater role in earning foreign capital, Pyongyang watchers said...
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North Korea planning special economic zone in Wonsan and Mt. Kumgang regions
Pictured Above (Google Earth): Thongchon County, Kangwon Province Institute for Far Eastern Studies (IFES) 2012.02.24 North Korea announced plans to develop a special tourism zone in the Mount Kumgang...
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Wonsan Special Economic Zone
The JoongAng Ilbo claims to have a North Korean document called “General blueprint for the Wonsan District”. This document has not been made public, so I cannot vouch for its authenticity or content....
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Special Economic Zones (SEZs) and Economic Development Zones
Until this year, there were four Special Economic Zones (SEZs) in the DPRK: Hwanggumphyong and Wihwado Economic Zones, Kaesong Industrial Zone, Mt. Kumgang Tourist Special Zone, Rason Economic and...
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North Korea enthusiastically promoting tourism industry to attract foreign...
Institute for Far Eastern Studies (IFES) 2013-8-29 The Korean Central News Agency reported on August 24 that a tourism briefing session was held in Pyongyang for the purpose of attracting foreign...
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North Korea emphasizing the development of science and technology for the...
Institute for Far Eastern Studies (IFES) 2013-11-21 Under the new leadership of Kim Jong Un, the importance of advancing the country’s science and technology is being increasingly highlighted....
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The aim of North Korea’s economic development zone: Regional balanced...
Institute for Far Eastern Studies (IFES) 2013-12-06 North Korea is pushing ambitious development of local economic development zones, purportedly with the aim of promoting balanced development of the...
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North Korea’s push for special enterprise zones: Fantasy or opportunity?
Bradley Babson 38 North 2013-12-12 In recent weeks North Korea has actively publicized in domestic and foreign news media its determination to pursue an aggressive strategy to develop special...
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Contract signed for Onsong Economic Development Zone
Pictured above (Google Earth): The approximate location for the North Hamgyong Provincial Onsong Island Tourist Development Zone According to China’s Global Times: A contract has been signed between...
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DPRK insists Jang purge will not lead to economic policy change
Following Jang’s purge, there has been speculation about what exactly will happen to economic relations between China and the DPRK and with ongoing efforts to introduce economic reform measures in the...
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Social Science Institute on the DPRK’s Economic Development Zones
According to the Hankyoreh: The latest issue of the quarterly publication of North Korea’s Social Science Institute – published on Nov. 15, 2013, and viewed on Jan. 19 – included an article titled,...
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North Korean academic journal suggests conditions for attracting foreign capital
Institute for Far Eastern Studies (IFES) 2014-1-23 North Korea is promoting stable “political and military environment” as a necessary component to attract foreign investment and regional development...
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Kim chol-jin and the Economic Development Committee
Kim Chol-jin, the deputy chief of North Korea’s National Committee for Economic Development, is seen with North Korea head-of-state Kim Jong-un in Pyonyang’s water park (top left) and at the Masik...
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State Economic Development Commission and the Jang purge
Two officials at the State Economic Development Commission have apparently been reinstated following their removal during the purge of Jang Song-thaek. According to Yonhap: Kim Ki-sok and Kim Chol-jin,...
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Hong Kong firm signs onto Sinuiju Economic Development Zone
Pictured Above (Google Earth): The approximate borders of the Sinuiju Special Economic Zone. According to Yonhap: North Korea has joined hands with a Hong Kong-based company to develop the country’s...
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