North Korea tried to set up new institutions and institutions for trade in the border region to increase logistics volume while increasing state control over trade, but it is known that China is in rebellion and the plan is in danger of being scrapped. Accordingly, it does not seem easy for North Korea to establish a new trading area other than the existing North Korea-China trade area.
According to a source inside North Korea on the 10th, Groupa’s field trip to the border area, which was composed of officials from the Central Party, trade organizations, and officials from the Ministry of Foreign Economy and National Security, was completed at the end of last month.
Previously, this paper reported that Groupa, composed of executives in charge of trade-related practices, has been exploring the area that can become a bridgehead for trade between North Korea and China since the end of July. Go: North Korean dollar exchange rate plunges to 4,000 won…Have you given up hope of resuming trade?)
The grouper said that he toured border areas such as North Pyongan Province, Jagang Province, Yanggang Province, and North Hamgyong Province to see if the region was suitable for North Korea-China trade and at the same time to determine whether there were any blind spots in smuggling trade control.
The source explained that North Korea felt the need to establish a new trading base because it was not easy to expand the logistics volume as North Korea’s national trade was only conducted through Sinuiju and Nampo, North Pyongan Province.
Through Groupa’s field visit, it is known that North Korea has selected several suitable areas, including Jagang and Pyongan Province.
However, as the Chinese side did not express a clear position on these plans, the process was temporarily suspended.
North Korea said it plans to select a new area for trade with China in the border region and install customs and quarantine facilities there, but China expressed a negative stance saying it is an issue that needs to be reviewed.
In particular, the Chinese side said they were uncomfortable with North Korea’s first review and unilateral notification of issues requiring prior agreement between the two countries.
In order to eradicate smuggling, North Korea has selected new trading hubs in places where there is not much movement of people, but these regions are sparsely populated even in China, making it difficult to trade. because it needs to be installed.
As a result of this, the plan was put to a halt, and North Korean officials who were aware of the internal situation said, “There is President Xi Jinping (Xi Jinping) above the Marshal,” and “The Communist Party of China is above the Labor Party.” am.
In the midst of this, until the end of this year, limited trade is conducted only through a small number of trade institutions authorized by the state as it is now. Rumors are circulating that this will be permitted.
In fact, the Central Party has also made such a plan, so it seems that this information was delivered to the trading organizations through cadres with quick information. However, it is unclear whether the trade permit plan for WARK holders will be temporary or will continue to be granted starting from the Lunar New Year.
Meanwhile, with plans to expand trade licenses in January or early February of next year, it is known that trade organizations and individuals in each region are already lobbying party officials to find out what imports the party needs.
This means that the party can participate in trade only after submitting a proposal to the party and obtaining permission to import certain goods.
Basically, construction and farming materials, and industrial goods that can be returned to executives on holidays such as next year’s Gwangmyeong Seongjeol and Sun Day (April 15, Kim Il-sung’s birthday) are the main items that trade workers talk about.
The source said, “It is more important to find items that are needed by the party, but not offered to be brought in by the party, rather than the already known necessities,” the source said.
Source: DailyNK by www.dailynk.com.
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