Skip to main content

North Korean special economic zone poised for revival in new Russia trade

World,North Korea,Russia,Trade,Economy And Jobs,Foreign Affairs,Ukraine,China,Borders

From the Center

Once a North Korean experiment in limited capitalism, the Rason Special Economic Zone appears to be the epicentre of the isolated country's growing cooperation with Russia, experts say, including possible shipments of arms for the war in Ukraine.

With apartment blocks and booming markets flooded with imported goods, the Rason SEZ, established in the 1990s on the border with China and Russia, was a dream destination for many North Koreans before tighter sanctions hit and pandemic-era border closings choked off nearly all trade and tourism, two experts who study Rason said.

In recent months, there have been clear signs that…

AllSides Picks

More News about World

News from the Left

News from the Center

News from the Right