US Korea Institute

Wednesday September 17th 2014
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Posts Tagged ‘trade’

Hello Kitty, Hello Wonsan

Hello Kitty, Hello Wonsan

Wonsan, on the DPRK’s east coast, by all accounts, used to bustle—at least by DPRK standards. If the recent outreach between Japan and North Korea bears fruit, Wonsan could undergo a 21st century revival. Since Japan banned all trade with the DPRK in the wake of the disastrous Kim-Koizumi summit of 2002, Wonsan has been a shell of its [...]

Is Russia-North Korea Cooperation at a New Stage?

Is Russia-North Korea Cooperation at a New Stage?

Deputy Prime Minister of the Russian Federation, the Plenipotentiary Representative of the Russian Federation, and the President in the Far Eastern Federal District of the Russian Federation, Yury Trutnev’s three day long visit to the DPRK (April 28-30, 2014) symbolized the culmination of a new phase in Russian-North Korean relations taking [...]

North Korea’s French Connection

North Korea’s French Connection

Official non-recognition is deceptive. There are close and longstanding ties between Paris and Pyongyang. Tired of imaginary attack-dogs? Moi aussi. Veiled as North Korea is, there’s plenty real to write without making it up. Dennis Rodman, for instance—but enough of him already. Fancy a change of scene? Let’s head for Paris: never a bad [...]

The Kaesong Opportunity

The Kaesong Opportunity

Some analysts, like Bruce Klingner writing in the Wall Street Journal on August 18, 2013 lament the recent agreement between the two Koreas to reopen the Kaesong Industrial Complex (KIC), calling it a “trap,” wondering why the South Koreans would want to take this step given the opportunity to close the zone altogether, and claiming that KIC [...]

New Construction Activity at the Hwanggumpyong Economic Zone

New Construction Activity at the Hwanggumpyong Economic Zone

A 38 North exclusive with contributions by Nick Hansen and Jeffrey Lewis Summary New commercial satellite imagery indicates that China and the DPRK have accelerated the development of a joint special economic zone, located on Hwanggumpyong Island, near Dandong, China. This suggests that the two countries are moving forward with the so-called [...]

Fear Prevails Over Greed: The Kaesong Shutdown

Fear Prevails Over Greed: The Kaesong Shutdown

North Korea’s shutdown of the Kaesong Industrial Complex (KIC) is the culmination of a steady deterioration in inter-Korean relations during the political transition from Kim Jong Il to Kim Jong Un in the North and conservative rule in the South. Pyongyang appears to have decided to close the KIC primarily for internal security concerns and for [...]

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Credit for photo of young North Korean girl: T.M. All rights reserved, used with permission.