Saturday, January 5, 2013

North Korea seeks German economic advice


Again, I would not get my hopes up that there would be any kind of economic reforms more than simply cosmetic, whether Vietnam style or otherwise.  We should keep in mind "Image First Politics." (e.g., New Year's speech, GOOGLE visit, and reports such as this one).  Kim Jong-un is cultivating an external image that will suit the long term regime strategy (which has been consistent for 60+ years)
V/R
Dave


North Korea seeks German economic advice

Published: 5 Jan 13 10:55 CET | Print version 

North Korean leader Kim Jong Un is looking to Germany for advice on how to attract international investment to his isolated dictatorship in 2013, a newspaper reported on Saturday
The secretive Communist dictatorship of North Korea is planning to open up its economy for foreign investment this year - with the help of German business experts and lawyers, according to a report in the Frankfurter Allgemeine Zeitung.

"There's a master plan," one unnamed German business expert and university lecturer told the paper. "They want to open up this year."

The report says a team of German lawyers and economic experts are involved in concrete plans to alter North Korean law to welcome investors into the country, which has been isolated from the global community since the Second World War.
(Continued at the link below)

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