North Korea Enlists German Help to Prepare Economic Opening

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“Pyongyang may be preparing to open up its economy. A report in a prominent newspaper claims the regime has enlisted the aid of German economic and legal experts to lay the groundwork for foreign investment in North Korean companies. The move could be made as soon as this year. Still, even as there are many in the country’s leadership who are in favor of opening up the country to investments from Japanese, South Korean and Western companies, the professor the paper cites notes that it is far from a done deal.  ‘The military in North Korea,’ he told the paper, ‘will not want to give up power.’”

http://www.spiegel.de/international/world/german-paper-reports-north-korea-preparing-economic-opening-a-875844.html

The Freedom Watch Staff

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