Freepressers

China sends commercial technocrats, trade experts to N. Korea with 'knowhow' for development

Decrease Font Size Increase Font Size Text Size Print This Page

By Lee Jong-Heon, East-Asia-Intel.com

North Korea has invited a large group of economic and trade officials from China to learn about Beijing’s special economic zone schemes.

An agreement on economic and technological cooperation was signed in Pyongyang on Jan. 9 at a meeting attended by N. Korean Vice Minister of Foreign Trade Ku Pon Thae, Ri Chol Sok, the vice-chairman of the North Korean Commission for Joint Venture and Investment, Chinese Vice Minister of Commerce Li Jinzao and Chinese Amb. to the DPRK Liu Hongcai. KCNA

Meanwhile, Pyongyang continues to send hundreds of workers every day to Chinese factories to earn much-needed cash, according to officials and analysts in Seoul.

China’s Commerce Ministry has dispatched about 70 officials and experts to help North Korea develop plans to develop joint economic zones, one government official said.

Read complete article.

You must be logged in to post a comment Login