DPRK Economy, trade and business
Articles on current developments, compiled by Tim Beal.
This page also includes
- Reports on economic policy and sessions of the Supreme People's Assembly
- Nuclear reactors issue; KEDO; IAEA
- International training of DPRK officials
- Railways, including N-S rail links, ROK rail developments and Trans Siberian Railway
I attempt to post stories in date order, but sometimes unfortunately this is more a matter of when I come across the story, rather than its publication date.
2002
2001
2000
Return to top of page
JULY 2002
Return to top of page
JUNE 2002
Return to top of page
MAY 2002
-
N.K. sends new delegation to Sweden
-
EURASIAN RAILWAYS SYMPOSIUM, Helsinki, Finland 3 - 4 April 2002
-
Appearance of Chongchon River basin changes beyond recognition
-
Raising goats is in vogue in the North
-
Only 45 percent make profit with inter-Korean trade
-
KEDO to launch training of North Korean technicians
-
Journalist's trip to North Korea's countryside [rice planting]
-
North exporting clothes to Europe and Southeast Asia
-
Pilot plant of light industry branch of academy of sciences
-
Unha clothing exports exhibition
-
Signal success in land realignment
-
First Tractor Repair Shop to Open in NK
-
North Korea modernizing steel plant
-
KEDO said to consider calling off reactor project
-
North, KEDO continuing talks on direct air route
-
Rodong Sinmun on torch lit in Ranam
-
Oil popular among customers
-
Paek focused on economy, energy in Russia trip
-
Editorial] After five years [ROK economy]
-
Kim Jong Il inspects economic units in Kusong
-
Kim Jong Il inspects newly built Thaechon Youth Power Station no.3
-
KEDO executive board to meet
-
EU to aid investment in North's infrastructure
-
Kim Jeong-gi Appointed to Chairman of N.K.'s International Trade Promotion
Committee
-
N.K. Delegation Inspect Yangyang Airport for S-N Air Route
-
North Korean Atomic Engineers to Be Trained in South Korea
-
Foreign Currency Taxi Ride Costs Two Years of Wages
-
NK Officials Arrive Here to Discuss Direct Route
-
N.K. experts visit South to pave way for direct air link
-
North Korean nuclear, airport officials on study tour of South Korea -AP
-
Kim Jong-il back to 'economic guidance'
-
North Korean Delegation Visits RESALE 2002 in Germany
-
EU still examining investment in N.K.
-
Lim says inter-Korean economic body is vital to reconciliation
-
Australian and German training programmes
-
President's adviser calls for building S-N economic ties
-
Inter-Korean trade on steady rise
-
N.K. delegation visits used machinery exhibition in Germany
-
Seoul may supply railroad materials to the North
-
N. Korea Posts Economic Growth of 3.7 Pct
-
Foundation to build training center in China for N. Korean specialists
-
Unification Ministry to supply railway materials to North
-
N.K. economy grew for 3d straight year
-
N. Korea Posts Economic Growth of 3.7 Pct
-
Many Chinese Companies Join Pyongyang Int'l Trade Fair
-
N. Korea Repairing Ties to Explore Southeast Asian Markets
-
North, Russia moving quickly on economic ties, ambassador says
-
Lim Dong-won stress importance of joint economic committee
-
Kwangmyongsong Saltern
-
Exports down, imports up in trade with North
-
KEDO delegation leaves
-
N.Korea, KEDO resume talks on nuclear reactor construction
-
Pyongyang International Trade Fair goes on
-
North, KEDO to discuss protocol for compensation
-
Huichon Machine-Tool Factory
-
North, OPEC fund discussed electricity
-
North-Russia sealed agricultural technology treaty
-
N.K. naval boats crossing maritime border more frequently[in pursuit of Chinese fishing boats]
-
N.K., OPEC Fund discuss power generation in Pyongyang
-
Many Chinese Companies Join Pyongyang Int'l Trade Fair
-
Japanese Yen avoided in North Korea
-
N.K. premier meets with head of OPEC fund
-
Pyeongyang trade fair opens
-
Nuclear team arrives in North Korea, but South
talks off
-
Japanese Economist's Report on Visit to North Korea (Feb. 12-19)
-
Present Situation of Economic Cooperation Between N.K. and Pro-N.K. Fed. of Korean
Residents in Japan
-
Kumgangsan Dam Tops Agenda for Inter-Korean Economic Talks
-
5th Pyongyang International Trade Fair to be held
-
General director of OPEC fund here
-
Treaty and agreements between DPRK and Vietnam inked
-
KEDO delegation leaves
-
Pyeongyang calls off economic talks
-
North Korea and Vietnam sign economic, legal pacts
-
2 Koreas will meet on economic links
-
North advised to trade inspections for electricity
-
EDITORIALS]North dam a priority
-
Korea posts $2.78 billion trade deficit with Japan [ROK]
-
S-N talks to focus on dam safety, cross-border railways
-
Kim Jong-il's economic policy
-
Pyeongyang's favorite soft drinks
-
River greatly helpful to nation's economic progress
-
Pyongyang-Khabarovsk Regular Air Service Opens
-
First Cloned Rabbits Born in DPRK
-
President predicts visible results from railway talks
-
Reclamation projects secure arable land
-
Inter-Korean Trade Increased 15%
-
Pyonghwa Motors Factory Completed
-
Government establishes blueprint to construct East Coast railway
-
Seoul Accelerates Inter-Korean Railway Project on East Coast
-
Breeding Industry of North Korea
-
Choosing Gauge System for Trans-Korean Railway
Return to top of page
APRIL 2002
-
Japan suspends payment to KEDO
-
North, Sweden to speed economic cooperation
-
North, Russia agree on processing trade and joint development
-
North¡¯s economic delegates have clout
-
Poverty triggered change, U.S. researcher says [Hazel Smith]
-
North Korean, Russian experts called on to plan economic cooperation
-
Australia Recommends North Korea Attract Foreign Investment for Key Industries by
linking Gold Mining Projects
-
S-N Maritime Transport Charges Reduced from $800 to $720
-
Singapore Unveils Competitive Strategy to Outrival Korea as Asian Hub
-
Workshop on power grid Interconnection slated for May
-
Yon Hyong-muk received medical treatment in Russia
-
N.K., KEDO to Reopen Reactor Project Talks April 30
-
Seoul to Reconnect S-N Railway by Oct.
-
North-IAEA meeting could happen in May
-
North's economic point man drops out of sight [Yon Hyong-muk]
-
Russia may build nuclear plant near N.K. border
-
Australian firm says N.K. gold reserve one of world's largest
-
Seoul offers help in rail link project
-
Central bank says capitalism rising in North
-
Shrinking budget may signal change in policy
-
North Korean Zinc
-
Chinese Co. Exports Toothpaste Production Facilities to North Korea
-
N.K., Germany Conclude Metrological Cooperation Agreement
-
North Koreans Value South Korean Commodities
-
Seoul to Ask For ADB to Invite N.K. to Annual
Assembly
-
Gov't to expedite cross-border railway project
-
English Web site on N.K. economy
-
N.K- KEDO high level talks slated for May 30th [Should read 30 April]
-
Donghae railway to be completed around 2009
-
Seoul Pushes for Completing East Coast Inter-Korean Railway by
2009
-
SPA Approves New State Budget Featuring Technical
Innovation and Modernization of Economy
-
EU Chamber of Commerce to Send Delegation to DPRK
-
Successes in geological prospecting
-
Timber production on increase
-
Report on state budget made at DPRK SPA session
-
Law of DPRK on land planning adopted
-
Pyongyang University of Agriculture
-
Agreement on cooperation between DPRK and Kuwait signed
-
Chief director of Pyung Hwa General Motor Company here
-
DPRK commodity exhibition opens in Cambodia
-
Acceleration of socialist construction called for
-
DPRK government economic delegation leaves for Far East of Russian Federation
-
Pyongyang-Khabarovsk regular air service opens
-
Phyunghwa General Motor Works commissioned
-
Protection of aquatic resources brisk in DPRK
-
Agreement on cooperation in economy and technology signed DPRK and Sweden
-
Builder of independent machine-building industry in DPRK
-
Pyongyang international commodity exhibition to be held
-
NK Economic Mission Likely to Visit Seoul in Mid-May
-
No inspection deadline given North
-
Transcript] Amb. Hubbard urges North to comply with IAEA inspection
-
Energy is next on North's list of priorities
-
Inter-Korean trade increased 15% in first quarter
-
Bush to release $95 million for light water reactors
-
Washington's sincerity on Agreed Framework is questioned
-
Plans for new bridge at Yalu River underway
-
N.K. economic specialists bound for Russian Far East
-
Independent business booming in North
-
European companies interested in Pyeongyang exhibition
-
KEDO's light water reactor project will go on
-
Pyeongyang hosts commercial exhibition in Cambodia
-
Shadow partners: Entrepreneur says elusive officials in the North make business challenging
-
North Korea signs pact with Arab Fund
-
North allots $10 billion for this year's budget
-
Russian nuclear minister pledges to complete reactor deal with Iran -AP
-
U.S. opposes N. Korea's attendance at ADB meeting
-
NK Economic Mission Likely to Visit Seoul in Mid-May
-
ROK Hopes to See NK Attend ADB Meeting as Observer
-
North Korean workers in Russia increase
-
North seals metrology agreement with Germany
-
Seoul to call for North's participation in ADB meeting
-
North should join IMF before ADB, says U.S. official
-
N.K.- Russia agree to lumber treaty
-
Russia gearing up to sell electricity to North
-
North rail system called dangerous
-
Pyeongyang-Kharbarovsk direct air route resumes
-
New Russia-Korea railway talks due
-
2 rail links agreed in inter-Korea talks
-
Restoring road, rail links draw closer
-
First car assembly plant opens in North Korea -AP
-
EU to train North Korean economists
-
2,000 North Koreans working in Vladivostok
-
North asked for power for Hwanghae province
-
South Koreans expect progress in inter-Korean ties
-
Sweden seals economic treaty with North
-
Gov't to study feasibility of Korea-Japan undersea tunnel
-
Increase of North Korean Laborers Into Russian Construction
-
North Korea to Hold First Rajin-Sonbong Int'l Expo in June
-
NK Forges Economic Cooperation Agreement with Sweden
-
New North Korean Agency Attracts Attention
-
More North Koreans Training Overseas
-
Seoul wants North Korea invited to ADB meeting
-
30-plus Euro Firms to Enter Pyongyang Expo in September
-
N.K. to Reopen Negotiations with KEDO: N.K. Spokesman
-
Industries hope for S-N economic cooperation
-
Pyonghwa Builds NK Auto Plant
-
Businesses Look Forward to Safe Environment for Investment in
NK
-
North Korea to Restart Talks with KEDO
-
US grants N Korea
nuclear funds
-
Blueprint for NE Asian Hub, Survival for Korea
-
NK Sonbong General Trading Co. consolidates its position as a major trader
-
NK Sees Rapid Growth in Production and Export of Cement
-
N.K. Shows Sign of Emerging from Isolation
-
Overview of Intra-Korean Interchange & Cooperation for January 2002
-
Korea Business Consultants Launch in Beijing
-
Korea Business Consultants: DPRK Business Profile
-
Korea Business Consultants Company Profile
-
U.S. to Report North Korea Is Not Meeting
A-Pact Terms
Return to top of page
MARCH 2002
Return to top of page
FEBRUARY 2002
Return to top of page
JANUARY 2002
Return to top of page
DECEMBER 2001
-
New university appears in DPRK
-
Current Status and Features of North Korean Foreign Trade of the First Half of 2001
-
N. Korea Joins Intellectual Property Rights-Related Int'l Pacts
-
UNDP Providing Education for N.K. Disarmament Officials
-
North Korea to Send Large Training Delegation to Germany
-
North Korean nuclear officials return home tomorrow after two-week trip
-
N.K. economy growing to depend more on outside aid
-
Kim Jong Il gives field guidance to various domains in Jagang Province
-
Kim visits Jaggang province
-
North's foreign exchange reserves drying up
-
NK Economy's Foreign Dependence Rises
-
Vehicles for basic foodstuff
-
Korea, Japan form investment pact [ROK]
-
Seoul, Tokyo Agree on Investment Treaty
-
Air crusher developed
-
Inter-Korean trade to hit $400 million
-
Peace to run car plant in the North
-
Inter-Korea interest rate is cut
-
South Koreans Earn 12.7 Times More Than Northern Counterparts
-
Medical appliances modernized
-
[Today's Editorial] Pork Barrel Budget Requests/Visit of NK Nuclear Officials
-
New types of farm machines made
-
Pyongyang Water Supply and Drainage Modernization Project to be started in the first half of next year
-
NK Officials Visit South for Nuclear Safety Training
-
Kim Jong Il gives field guidance to industrial domain
-
Nuclear visitors in South
-
North joins pact on intellectual property rights
-
UN to aid disarmament in N.K.
-
Kim tours industrial sites in northern frontier
-
North-Canada to clinch investment guarantee treaty
-
Four Statistic Bureau Staff of North Korea train in Australia
-
Current Status and Features of North Korean Foreign Trade of the First Half of 2001
-
N. Korea joins int'l pacts
-
N.K. officials observing nuke plants
-
[Q&A] Job-hunt woes nearly unknown
-
Taean work system, unique form of economic management
-
N. Reactor Provision Not to Improve NK Power Shortages: Italian Scientist
-
KEDO Progresses Despite Obstacles; Signs Accord with
DPRK
-
N.K. top brass officers pay inspection to Ranam Mine Complex
-
N.K. trade volume set at $1.51 bil.
-
New wholesale trade market opens at borderline region of China
-
N.K. trade volume increase by 78.6% in the early half
-
Atomic Agency denies report on its inspection to North
-
Head of DPRK delegation on raising level of industrialization of Developing Countries
-
The list of North Korean Items displayed in North Korea Department, KOTRA
-
Kim says improved inter-Korean ties will help economy
-
North Korea put tighter grip on factories, complexes
-
North's Fishery Delegation Leaves for Russia
-
North Korea, all out in developing construction markets in southern Africa
-
Russia to supply power of the Far East to North Korea
-
N. Korea in Arrears for $14.42 Mln to S. Korean Exporters
-
Current Status and Prospects of Economic exchanges between North Korea and the EU
-
KEDO to aim at compensation protocol next year
-
North Korea Markets Battle Surveillance for Survival
-
Second-hand Car Business Flourishes on NK Border
-
Overflowing with Foreign Currency
-
NK Military Engages in Foreign Currency Earning
-
Device for machine tool developed
-
Pyongyang Cosmetics Factory
-
DPRK delegations leave
-
China's WTO Entry to Harm NK Economy
-
Seoul, Moscow Agree to Set Up TSR Panel
-
World Bank official stresses reaching out to Pyeongyang
-
North Korea rated lowest in economical freedom
-
North Korean executives feel the 'spirit of Ranam'
-
Kartman briefs Hong on light water reactor project
-
North fails to pay back South Korean firms
-
N.K. nuclear project essential: unification minister
-
Kim, Blair agree on joint business ventures in N.K
-
Korea, Britain Agree to Jointly Invest in North Korea
-
KEDO executive director and his party arrive
-
Russia to Push Ahead with Power Supply to N.K.
-
N.K. and Thailand Agrees on Investment Protection Treaty
-
N. Korea's Mining Poses Environmental Threat to Tumen River
-
North Korea Says It Will Permit Inspection of Lab
-
North and KEDO Sign Agreements on Reactor Quality Assurance
-
NK Allows IAEA Inspection of Key Nuclear Institute
-
KEDO chief visits North Korea
-
Business Experts Upbeat on Inter-Korean
Trade
-
North Not Likely to Prepare for IAEA
Inspection Any Time Soon
-
Singapore's Oriental Petroleum Ltd.,
Establishes Office in Pyeongyang
-
Many goat farms appear
-
A Seminar held in Japan to induce investment on Musan Iron Ore Mine,
DPRK
-
Gov't to move ahead with bullet train project next year [ROK]
Return to top of page
NOVEMBER 2001
Return to top of page
OCTOBER 2001
Return to top of page
SEPTEMBER 2001
Return to top of page
AUGUST 2001
-
RUSSIA STARTS WORK ON SEOUL RAIL LINK ACROSS DPRK
-
South Korean, Once Held as Spy, Plans a
University in Pyongyang
-
Mt. Paekdu Route to Link with Siberian Railway
-
Vinylon ; North Korea's Proud Fiber Material
-
Current Status and Prospect of Economic Exchanges Between North Korea and Russia
-
Commercial tie-ups bode well for the Koreas
-
Korean-made Panacea "Kumdang-2" Hits Asian Market
-
Cargo transit on increase
-
Fish farm grows in scale
-
Second meeting of economics society held
-
Kim Jong Il visits Ranam Coal Mining Machine Complex
-
KEDO high-level experts negotiation delegation here
-
N.K. officials receiving nuclear safety training in Australia
-
Meeting with S. Korean businessmen
-
Russia's Putin Urges NKorea Railway
-
North Korea Imports Russian Coal Under Joint Venure
-
IMF-IBRD Gives Up Plan to Invite North
-
Chairman Kim to Open Trade Office in St. Petersburg
-
Seoul Reluctant to Accept Russia's Wish to Link Railway to Debt
Reduction
-
Expert sees worsening food situation in N.K. as chance to induce P'yang's open door policy
-
2 Koreas, Russia urged to form railway panel
-
The Promised Land ;How bad is North Korea? People there want to be sent to Siberia.
-
North Korea - Russia Reaches Economic
Trade Accord
-
Pyongyang Pays Russia With Free Labor
-
Russia to Provide North Korea Aid of $2 Billion for Rail Link
-
North Korean Commodities - Export goods
-
NK-Russia Accord Boosts Chance for S-N Railway
-
Seoul, P'yang, Moscow likely to begin talks on rail link
-
NK, Russia Sign Economic, Trade Accord
-
Seoul, P'yang, Moscow likely to begin talks on rail link soon
-
Achievements in science
-
Reconnection of Gyeongui Line expected to gain momentum from N.K.-Russia talks
-
More Than Half of ROK Electronic Goods Produced at Overseas
Factories
-
U.S. threatens to stop reactor work if N.K. resists inspection
-
Textile firms eager to set up plants in N. Korea
-
KEDO, North Korea Initial Protocol on Reactors
-
New Inter-Korean Joint Ventures Announced
-
EU Chamber Supports Pyeongyang's International Fair
-
Thorough Study Required to Understand
World Market - N.K. Magazine
-
Joint Inter Korean Mine Development Projects to be
Launched
-
Telecommunications as an Example of Regional Cooperation
-
`Talks on Electricity Supply to NK Put on Hold at US Request'
-
Barrages along taedong river pay off profusely
-
N.K. Overseas Trade Estimated as 1.51 billion for First Half
Return to top of page
JULY 2001
Return to top of page
JUNE 2001
Return to top of page
MAY 2001
Return to top of page
APRIL 2001
Return to top of page
MARCH 2001
Return to top of page
FEBRUARY 2001
Return to top of page
JANUARY 2001
Return to top of page
DECEMBER 2000
Return to top of page
NOVEMBER 2000
Return to top of page
OCTOBER 2000
Return to top of page
SEPTEMBER 2000
-
PM Lee to Visit Russia to Discuss Railroad Connection
-
S-N Investment Accord Not Applicable to Foreigners: Kim
-
North Korea: Open for Business
Interview with Hyundai's Kim Yoon Kyu
-
2 Koreas to Form S_N Economic Cooperation Body
-
After Pact on Rebuilt Railway, Two Koreas Plan More Talks
-
Koreas agree on panel for economic discussion
-
Cargo Depot to Be Built in Southern Region of DMZ
-
Gov't to build cargo depot inside DMZ
-
Manufacturers' top concern: slump in domestic Demand (ROK)
-
[A reader's forum]Preserving the pristine DMZ ecosystem
-
Sinuiju-Seoul Railway to Be Reconnected
-
International Symposium on EM and Natural Farming Held in Pyongyang
-
Joint communique on 1st working-level contact for north-south economic
cooperation released
-
Papers observe World Day of Tourism
-
Russian envoy reveals 4-way talks on 'iron silk road'
-
South, North Reach Agreement on Food Aid_Next Economic Meeting Set for Pyongyang Oct.18
- North Koreans studying international finance and trade in Australia
-
South, North Korea hold first economic talks in 15 years
-
South, North Deal With Mutual Investment Safeguard Issue
-
One of Ten Cos. Ready to Open Biz With NK
-
Int'l symposium on compound micro-organism technology and natural
Farming Method
-
Inter-Korean railway project raises question of violating truce accord
-
Gov't decides to narrow cross-border road to 4 Lanes
-
Kim Jong Il visits new catfish farm
-
Impact of highway to be assessed; Inter-Korean road may disturb precious ecosystem in Demilitarized Zone
-
Environment Ministry to push for protection of border regions
-
Mt. Kumgang cruise to begin in Japan
-
Inter-Korean Labor Cooperation to Be Stepped Up
-
Two Koreas to begin dialogue on promoting trade, investment
-
Two Koreas to Hold Economic Talks on Sept. 25_Defense Ministers Meeting Due in Third Nation
-
Delegation to Visit North Within Twelve Months: USCC Chairman Donohue
-
Most think S-N rail link beneficial
-
Inter-Korean Ocean Energy Projects Due
-
Kim Solicits Foreign Investments for Both Seoul, Pyongyang
-
Plan for Russian rail link accelerated
-
Japan's Korea critic comes out with scepticism
Kenichi Omhae on ROK economy, inter-Korean economic cooperation, etc.
-
Siberia-Korea natural gas pipeline may be completed as early as 2008
-
Energy import costs doubled this year(ROK)
-
Landmine Clearing Looms on Border to Restore Severed Rail, Road Links
-
2,800 troops to be mobilized for mine clearing: Projects to employ soldiers, heavy equipment to pave way for inter-Korean rail link and highway
-
N. Korea Back From The Brink
-
Gov't to import mine-clearing equipment by October
-
Anti-flood project taps spirit of co-operation
-
UNDP, ECPLAZA Signs LOI on Joint Project in NK, Vietnam
-
IMF, World Bank Invite NK to Annual Meeting
-
Hyundai to Build Airport on Mt. Kumgang by 2005
-
N.K. emphasis on economic ties confirmed in talks with South
-
Water project promotes S-N cooperation; Dam construction necessary to control flooding near Imjin River
-
Hyundai to build airport in Mt. Kumgang by 2005
Return to top of page
AUGUST 2000
Return to top of page
JULY 2000
Return to top of page
JUNE 2000
Return to top of page
MAY 2000
Return to top of page
APRIL 2000
Return to top of page
ARCHIVE
Articles prior to April 2000
Return to top of page
KOTRA ARCHIVE
A selection of stories and reports from the KOTRA
North Korean Economy page
Return to DPRK indexpage