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DPRK investment laws get makeover
According to the Daily NK: On February 10th, Choson Central News Agency (KCNA) reported fresh amendments to North Korea’s laws governing foreign investment. KCNA revealed, “Chosun’s law on the...
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North Korea modifies laws to attract foreign investments
Institute for Far Eastern Studies (IFES) 2012-2-16 The KCNA announced on February 9 that the “Foreign Investment Bank Law” was modified and supplemented. According to the report, the amended law...
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5th session of the 12th Supreme Peoples’ Assembly
Below I have posted a summary of stories from the Fifth session of the 12th SPA. The stories cover the lead up to the SPA, the completion of Kim Jong-un’s succession (inheriting the title “First...
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DPRK mining investment woes (Xiyang –西洋集團)
Pictured above: the signing of the contract between Xiyang Group and Ri Seong-kyu (리성교). Image source here. UPDATE 6 (2012-9-17): Andrei Lankov writes a good summary of events. UPDATE 5 (2012-9-7):...
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6th session of the 12th Supreme Peoples’ Assembly
Pictured Above (Google Earth): The Mansudae Assembly Hall, meeting place of the Supreme Peoples’ Assembly. To the east of the Hall is the new Peoples’ Theater and new housing apartments along Changjon...
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DPRK replaces three ministers
According to the Daily NK: News of a cabinet reshuffle being slowly and indirectly revealed by the North Korean state media is generating interest in analytical circles. On the 17th, Chosun Central...
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Cabinet meeting discusses economic performance
UPDATE (2012-11-1): The Institute for Far Eastern Studies issues a summary of the Cabinet meeting: North Korean Cabinet Standing Committee Meeting Held, Results for Third Quarter People’s Economy...
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North Korea’s Cabinet and Worker’s Party decide to enhance economic cooperation
Institute for Far Eastern Studies (IFES) 2012-11-15 The Choson Sinbo, a Japan-based pro-North Korean newspaper, reported on November 9 that the role and the authority of the North Korean cabinet are...
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DPRK Law on Underground Resources
The DPRK’s Naenara web page posts PDF copies of the DPRK magazine, International Trade. No updates have been made for 2013, however, Choson Exchange points an interesting article from the Q4 2012 issue...
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DPRK promoting more cabinet involvement in economic affairs
According to Yonhap (via Global Post): North Korea revised its trade and customs laws last year to give its cabinet more power over the economy, a copy of the revised laws showed Monday. The booklet on...
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2013 plenary meeting of WPK Central Committee and 7th session of Supreme...
On March 31, KCNA reported on the recent plenary meeting of the Korean Worker’s Party: The historic March, 2013 plenary meeting of the Central Committee of the Workers’ Party of Korea took place at the...
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Premier Pak Pong-ju attends the first extended cabinet meeting
Institute for Far Eastern Studies (IFES) 2013-5-3 On April 22, for the first time since Premier Pak Pong Ju took office as the new Premier of the DPRK Cabinet, North Korea held an extended cabinet...
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Cabinet acknowledges June 28th policies
According to the Daily NK: North Korean officials have formally acknowledged that some factories, enterprises and cooperative farms in the country have been experimenting with new economic management...
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North Korea passes economic development zone law
Institute for Far Eastern Studies (IFES) 2013-6-14 Since the start of Kim Jong-un regime, internal economic management measures continue to be established. Recently, a new law was enacted for the...
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Text of North Korea cabinet premier’s address at May Day meeting
According to the BBC Monitoring Service: Text of report by “Comrade Pak Pong Ju, member of the Political Bureau of the Workers Party of Korea Central Committee and premier of the DPRK Cabinet” at a...
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North Korea adopts renewable energy law
Institute for Far Eastern Studios (IFES) 2013-9-17 North Korea is showing great interest in the green industry that pursues both environmental conservation and economic development. Recently, 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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Recent DPRK wage increases / economic management changes
UPDATE 3 (2013-11-14): North Korea accelerating economic reforms? Wages and prices to be self-regulated (IFES): North Korea appears to be pushing for internal economic improvement measures. Chosun...
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International railroad cargo law passed
Institute for Far Eastern Studies (IFES) 2013-11-8 It was recently confirmed that North Korea has passed the International Railroad Cargo Law, Decree No. 2041 at the Presidium of the Supreme People’s...
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KCNA confirms removal/execution of Jang Song-thaek
UPDATE 18 (2014-1-6): Pyongyang has replaced its coal industry and metal industry ministers. According to the Korea Herald: The North’s official Korean Central News Agency on Sunday introduced Mun...
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