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Ministry Of External Economic Relations
The Ministry of External Economic Relations is North Korea's foreign trade ministry. The ministry's headquarters are at Kim Il-sung Square in Pyongyang. The current minister is Kim Yong-jae and the vice minister O Ryong-chol. The ministry was established in 2014 when its predecessor, the Ministry of Foreign Trade, fused with the Joint Venture Investment Committee and the State Economic Development Commission to revive the ministry that had been marred by economic sanctions against North Korea. History The Ministry of Foreign Trade was newly established in September 1998 following the adoption of the new 1998 " Kim Il-sung Constitution". It initially oversaw all international economic activities. Some of its tasks were delegated to two organizations founded in 2010 and 2013, respectively: The Joint Venture Investment Committee (JVIC) was established to handle foreign investment and the State Economic Development Commission (SEDC) to manage the Special Economic Zones of North Kor ...
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Kim Il-sung Square
__NOTOC__ Kim Il-sung Square is a large city square in the Central District of Pyongyang, North Korea, and is named after the country's founding leader, Kim Il-sung. The square was constructed in 1954 according to a master plan for reconstructing the capital after the destruction of the Korean War. It was opened in August 1954. The square is located on the foot of the Namsan Hill, west bank of the Taedong River, directly opposite the ''Juche'' Tower on the other side of the river. It is the 37th largest square in the world, having an area of about 75,000 square metres (807,293 square feet) which can accommodate a rally of more than 100,000 people.Pyongyang Images
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Karl Marx
Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political theorist, journalist, critic of political economy, and socialist revolutionary. His best-known titles are the 1848 pamphlet '' The Communist Manifesto'' and the four-volume (1867–1883). Marx's political and philosophical thought had enormous influence on subsequent intellectual, economic, and political history. His name has been used as an adjective, a noun, and a school of social theory. Born in Trier, Germany, Marx studied law and philosophy at the universities of Bonn and Berlin. He married German theatre critic and political activist Jenny von Westphalen in 1843. Due to his political publications, Marx became stateless and lived in exile with his wife and children in London for decades, where he continued to develop his thought in collaboration with German philosopher Friedrich Engels and publish his writings, researching in the British Mu ...
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Foreign Trade Of The DPRK
''Foreign Trade of the DPRK'' is a North Korean magazine. It covers North Korean companies that are looking to export their products and introduces their contact details. The magazine is affiliated with the North Korean Committee for the Promotion of International Trade. It is published quarterly by the Foreign Trade Publishing House of North Korea. The magazine is published in English, Chinese, French, Japanese, Russian and Spanish. Companies and products A 2011 South Korean analysis of the magazine's issues from a period of five years concluded that there are about 200 North Korean export companies in operation attempting to earn foreign currency. In reality, however, the number could be smaller since North Korean companies regularly change names in order to avoid sanctions. Some companies offer to produce goods according to buyers' specifications. The magazine is known for promoting sometimes unusual products. For instance, in 2013, the magazine advertised unauthorized '' ...
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Foreign Trade Bank Of The Democratic People's Republic Of Korea
The Foreign Trade Bank of the Democratic People's Republic of Korea (Joson Trade Bank) is North Korea's primary foreign exchange bank, and is owned and run by the North Korean government. On March 11, 2013, the United States designated the bank as falling under US executive order 13382, which applies to "proliferators of weapons of mass destruction and their supporters". The order freezes all assets, and prohibits any transactions between US entities and the bank. On May 7, 2013, the state-controlled Bank of China announced that they would stop all dealings with the Foreign Trade Bank. China has in the past been reluctant to sanction North Korea, even though China has been very unsatisfied with North Korea's aggressive stance and pursuit of nuclear weapons. Stopping the dealing with the Foreign Trade Bank is seen as a significant signal by China to put pressure on North Korea. On August 5, 2017 the UN Security Council adopted Resolution 2371 expanding financial sanctions to in ...
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Economy Of North Korea
The economy of North Korea is a centrally planned economy, following '' Juche'', where the role of market allocation schemes is limited, although increasing. , North Korea continues its basic adherence to a centralized command economy. With a total gross domestic product of $28.500 billion as of 2016, there has been some economic liberalization, particularly after Kim Jong-un assumed the leadership in 2012, but reports conflict over particular legislation and enactment. Since the 1990s, informal market activity has increased, which the authoritarian regime has tolerated. These markets are referred to as 'Jangmadang' and were formed as a result of the economic collapse during the 1990s, which made the regime unable to distribute food to its people. The collapse of the Eastern Bloc from 1989 to 1992, particularly North Korea's principal source of support, the Soviet Union, forced the North Korean economy to realign its foreign economic relations, including increased economic exc ...
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North Korea Tech
North Korea Tech is a US-based blog authored by British journalist Martyn Williams which covers consumer electronics and technology developments in the Democratic People's Republic of Korea. It was established in 2010. North Korea Tech is based in Washington DC. The site is affiliated with ''38 North''. According to Williams, he was inspired to start the blog after a 15-year stint as a Tokyo-based correspondent for IDG News Service during which he observed the growing "wealth, knowledge and prosperity gap between North and South Korea." About his interest in the country, he said "North Korea appears today an even more difficult country to understand than the USSR ever was, thus my interest as a journalist." As of 2016, the website received about 20,000 visits a month. The site has covered North Korean cell phones, satellites, internet domains, operating systems, missile technology, and online TV services. North Korea Tech has often been cited by international media, governme ...
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Martyn Wililams
Martyn may refer to: *Martyn (surname), one of the Tribes of Galway and others *Martyn (given name) See also *Martin (other) *Marten (other) A marten is a mammal in the family ''Mustelidae''. Marten, Mårten, or Martén may also refer to: Animals Types of marten: *Beech marten *American marten * Japanese marten *European pine marten *Yellow-throated marten *Nilgiri marten *Sable Place ... * Martin of Tours * {{disambiguation ...
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Institute For Far Eastern Studies
An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute" (see Institute of Technology). In some countries, such as South Korea and India, private schools are sometimes referred to as institutes, and in Spain, secondary schools are referred to as institutes. Historically, in some countries institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from a Latin word ''institutum'' meaning "facility" or "habit"; from ''instituere'' meaning "build", "create", "raise" or "educat ...
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Kim Jong-un
Kim Jong-un (; , ; born 8 January 1982) is a North Korean politician who has been Supreme Leader of North Korea since 2011 and the leader of the Workers' Party of Korea (WPK) since 2012. He is a son of Kim Jong-il, who was North Korea's second supreme leader from 1994 to 2011, and Ko Yong-hui. He is a grandson of Kim Il-sung, who was the founder and first supreme leader of North Korea from its establishment in 1948 until his death in 1994. Kim Jong-un is the first leader of North Korea to have been born in the country after its founding in 1948. From late 2010, Kim was viewed as successor to the leadership of North Korea. Following his father's death in December 2011, state television announced Kim as the "Great Successor". Kim holds the titles of General Secretary of the Workers' Party of Korea, Chairman of the Central Military Commission, and President of the State Affairs. He is also a member of the Presidium of the Politburo of the Workers' Party of Korea, the h ...
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Vladimir Lenin
Vladimir Ilyich Ulyanov. ( 1870 – 21 January 1924), better known as Vladimir Lenin,. was a Russian revolutionary, politician, and political theorist. He served as the first and founding head of government of Soviet Russia from 1917 to 1924 and of the Soviet Union from 1922 to 1924. Under his administration, Russia, and later the Soviet Union, became a one-party socialist state governed by the Communist Party. Ideologically a Marxist, his developments to the ideology are called Leninism. Born to an upper-middle-class family in Simbirsk, Lenin embraced revolutionary socialist politics following his brother's 1887 execution. Expelled from Kazan Imperial University for participating in protests against the Russian Empire's Tsarist government, he devoted the following years to a law degree. He moved to Saint Petersburg in 1893 and became a senior Marxist activist. In 1897, he was arrested for sedition and exiled to Shushenskoye in Siberia for three years, where he ...
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Ri Ryong-nam
Ri Ryong-nam ( ko, 리룡남, born August 8, 1960) is a politician of the Democratic People's Republic of Korea, serving as the DPRK's Ambassador to China since February 2021. With a background in economic affairs, Ri was a delegate to the 12th, 13th and 14th convocations of the Supreme People's Assembly, chairman of the North Korean-Syrian Friendship Association and chairman of the North Korean Football Association. Biography In 1994, Ri was appointed an assistant to the Ministry of Trade in 1998 after passing through the secretary of economic affairs for the North Korean Embassy in Singapore. After rising to the Ministry of Trade in March 2001, he was appointed the first vice chairman of the North Korea International Trade Promotion Committee in October 2004. Currently, he is chairman of the North Korean-Syria Friendship Association, and since July 2010, he is also chairman of the North Korean Football Association. From March 2008 to September 2016 he served as Minister ...
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North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korean Peninsula and shares borders with China and Russia to the north, at the Yalu (Amnok) and Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like its southern counterpart, claims to be the legitimate government of the entire peninsula and adjacent islands. Pyongyang is the capital and largest city. In 1910, Korea was annexed by the Empire of Japan. In 1945, after the Japanese surrender at the end of World War II, Korea was divided into two zones along the 38th parallel, with the north occupied by the Soviet Union and the south occupied by the Unit ...
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