default_top_notch
default_news_top
default_news_ad1
default_nd_ad1

N. Korea seeks assistance, support from ROK business leaders

기사승인 2018.09.25  11:33:39

공유
default_news_ad2

- Discloses Deputy Prime Minister Ri Ryong-nam of North Korea

Deputy Prime Minister Ri Ryong-nam of North Korea has admitted economic difficulties faced by his country, and asked for assistance and support from the Republic of Korea (south). This was disclosed by Special Presidential Economic Advisor Kim Hyun-chul.
DPM Ri of North Korea made the comments in a meeting with top South Korean business executives earlier this week, The executives, including Samsung Electronics Vice Chairman Lee Jae-yong, accompanied Moon on his first trip to Pyongyang for a summit with Chairman Kim Jong-un of North Korea earlier this week.

Samsung Electronics Vice Chairman Lee Jae-yong (R) shakes hands with North Korean Deputy Prime Minister Ri Ryong-nam at the People's Palace of Culture in Pyongyang on Sept. 18, 2018. (Yonhap)

The visit by Chairman Lee and other leaders of the Korean jaebeol business groups indicated that North Korea, one of the world's poorest countries, wants to attract South Korean investment and technology to improve its economy.
North Korea's gross domestic product, calculated as power purchasing parity, was estimated at US$40 billion in 2015, according to the CIA Factbook, a fifth of the 2017 annual sales of only one jaebeol busienss company, namely Samsung Electronics, which reached $213 billion.
The economic adviser also stated that DPM Ri had talks with Hyundai Group Chairwoman Hyun Jeong-eun and Chairman Park Yong-maan of the Korea Chamber of Commerce and Industry, a major South Korean business lobby. No details of their discussions were disclosed.
Hyundai Asan, the inter-Korean business arm of Hyundai Group, was a key partner in a joint factory park in North Korea's border city of Kaesong as well as a joint tour program at Mount Kumgang, a scenic mountain resort on the North's east coast.
The two projects--prominent symbols of reconciliation between the two separated countries--have been suspended for years due to tensions between Seoul and Pyongyang following North Korea’s testing of nuclear weapons and military provocations against the ROK during the governments of former Presidents Lee Myung-bak and Park Geun-hye.

Park Byung-uk edt@koreapost.com

<저작권자 © 코리아포스트 무단전재 및 재배포금지>
default_news_ad5
default_side_ad1
default_nd_ad2

인기기사

default_side_ad2

포토

1 2 3
set_P1
default_side_ad3

섹션별 인기기사 및 최근기사

default_side_ad4
default_nd_ad6
default_news_bottom
default_nd_ad4
default_bottom
#top
default_bottom_notch