Prior to the Sun Festival, orders for’Wak issuance application’…Resumption of trade blitz on the holidays?

A freight vehicle going from Sinuiju, North Korea to Dandong, Liaoning Province, China through the Cho Jungwooi Bridge (Aurok Steel Bridge). /Photo = Daily NK

It is known that the North Korean authorities have recently issued official instructions to each trading organization on the issuance of a new wark (export and import permit). It is observed that the border between North Korea and China, which had been blocked for the past one year and three months, will reopen after Kim Il-sung’s birthday (April 15, Sun Day).

According to a high-ranking source inside Daily NK on the 15th, the North Korean authorities announced to major trading institutions that official trade through customs will be allowed from the 20th.

However, the organizations participating in trade from the 20th are companies belonging to the power agencies that have continued state trade under direct direction from the Party even after the border blockade at the end of January last year. There was.

It is said that this includes trading companies belonging to the Central Party and the Ministry of Military Industry.

In the meantime, the authorities also issued orders to apply for a new war for individuals who are affiliated with a trading company or institution and engage in trade activities.

The Ministry of Foreign Affairs and Economy delivered an instruction to each trade organization to apply for a new Wark issuance for three days from the 12th to the 14th, and accordingly, each trade organization and enterprises submitted the application and certification data through the internal computer network.

Institutions or individuals with a history of previously issuing Wak must also obtain a new issue at this time. After the screening process is conducted for about 3 to 4 weeks, if Wak is issued in early May, they will be able to participate in official trade as soon as possible.

It is reported that the data to be submitted by the applicant for Wark include a certificate of the Chinese counterparty (trader), details of import and export of existing products, and plans for the future. (▶ Go to related articles: North Korean trading companies, Standby to resume tradeBut the wk assignment yet)

The application was notified suddenly, and the authorities set the deadline to complete the Wak application before Kim Il-Sung’s birthday. .

It is known that overseas diplomatic missions from the Ministry of Foreign Affairs are also participating in the deliberation because related organizations such as the Central Party’s Ministry of Economy, Ministry of Foreign Economic Affairs, and the Customs Guidance Bureau of the Ministry of National Security participate in the Wak examination.

It is expected that the scale of Wak issuance will not be larger than expected, as the authorities are going to conduct a fairly rigorous verification process, including not only thorough verification of the applicant’s personal information, but also including the other party as the subject of deliberation in this Wak issuance examination.

Some predict that about 20% of applicants will be omitted from the WAT issuance.

Meanwhile, Yanggang Province and North Hamgyeong Province were not included in the trade resumption area, a source said. In the case of other regions except Sinuiju, the depth of the Yalu River, which borders China, is low or narrow, making it difficult to control defections or smuggling if trade resumes.

It is reported that in border areas such as Yanggangdo, official trade will resume after October this year, when the installation of high-voltage power lines, which are currently in progress, is completed.


Source: DailyNK by www.dailynk.com.

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