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Channel: Rason Economic and Trade Zone (Rajin-Sonbong) – North Korean Economy Watch
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Rajin-Wonjong Road Opened to Traffic

  Pictured Above (KCNA): Photos of the official opening of the renovated road According to KCNA (2012-10-26): Rajin-Wonjong Road Opened to Traffic Pyongyang, October 26 (KCNA) — A ceremony took place...

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Rise in popularity of Rajin Port

Institute for Far Eastern Studies (IFES) 2012-11-30 North Korea has focused on developing Rajin Port, located in the North Hamgyong Province, with the aim ofattractingforeign investments. China and...

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China to provide North Korea with consultation on management and operation of...

Institute for Far Eastern Studies (IFES) 2013-1-17 China’s Ministry of Commerce reportedly sent about 70 specialists to North Korea to provide “joint consulting” services for Rajin and Hwanggumpyong...

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Rason energy growth to come from China

According to Yonhap: China is expected to start supplying electricity to North Korea’s special economic zone in June as part of their joint development efforts there, a news report said Tuesday....

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Nuke test does not deter China’s economic interests in the DPRK

According to Reuters: While Beijing has not made clear whether the test would disrupt its investment plans for the Rason economic zone, an official at the zone’s joint management office told Reuters...

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Rason – China – USA sea food trade

According to the New York Times: At the Red Sun restaurant, a short-order joint on Crab and Beer Streets, live crabs with plump legs wriggle in a cooled tank, fresh from the North Korean coast just two...

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Collection of DPRK laws and regulations

A much-appreciated colleague has sent me a PDF document published by the DPRK’s Committee for the Promotion of External Economic Cooperation in 2003. It that contains hundreds of pages of DPRK laws and...

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DPRK’s Minister of Trade releases information on recent foreign economic...

Institute for Far Eastern Studies (IFES) 2013-9-12 After North Korea’s launch of a long-range rocket in December 2012 and third nuclear test in February 2013, China endorsed UN sanctions against North...

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Russia – Rajin (Rason) railway compendium

Pictured above (Google Earth): A map of the Khasan-Rajin Port rail service. UPDATE 12 (2013-9-23): Rajin-Khasan Railway Section Opens for Service. According to KCNA: The Rajin-Khasan railway section...

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DPRK revises law to boost railway cooperation with foreign nations

According to Yonhap: North Korea has revised a law to help the isolated country expand railway cargo cooperation with foreign countries and attract investment, a report said Wednesday. According to the...

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ROK to participate in Russian-led rail, port development project in Rason

According to Yonhap: South Korea agreed Wednesday to take part in a Russian-led rail and port development project in North Korea that could help reduce tensions with Pyongyang and open up a new...

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Rason getting Czech brewery

A new article in Forbes updates us on some of the changes in Rason: Tomas Novotny has been in North Korea two days, and he looks frazzled. It was a long journey from Prague, and standing on the street...

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Jang’s purge to affect HGP and Rason economic Zones

According to the JoongAng Daily: The Rason Special Economic Zone, which was headed by Jang Song-thaek, the once-powerful uncle of North Korean leader Kim Jong-un, has been left as a ghost town after...

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North Korea’s minister of trade releases information on recent foreign...

Institute for Far Eastern Studies (IFES) 2013-9-12 After North Korea’s launch of a long-range rocket in December 2012 and third nuclear test in February 2013, China endorsed UN sanctions against North...

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Contract signed for Onsong Economic Development Zone

Pictured above (Google Earth): The approximate location for the North Hamgyong Provincial Onsong Island Tourist Development Zone According to China’s Global Times: A contract has been signed between...

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DPRK reorganizing rents in Rason

When Jang Song-thaek was purged, the North Korean prosecutors provided a laundry list of offenses committed against the nation. Among his crimes, Jang was specifically criticized for his management of...

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South Koreans visit Rason to evaluate rail/port

UPDATE 1 (2014-3-5): South Korean companies could be operating out of Rason by next year. According to Yonhap: South Korea may be able to use the North Korean port city of Rason for logistical purposes...

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Russia to forgive DPRK debt (2006-present)

UPDATE 7 (2014-3-20): Russian Duma committee recommends write off $10 b DPRK debt. According to Voice of Russia: Committee of the State Duma for the budget and taxes has issued a recommendation to the...

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Choe Hyon Chol on Rason development

According to Naenara, Choe Hyon Chol is the section chief of the State Economic Development Commission (SEDC). He has previously been identified as a director of the Korean Association of Economic...

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Russia and DPRK discuss economic opportunities

What are the opportunities? Rason port, Iron Silk Road (Rail), Kaesong Industrial Complex, gas pipeline. According to RIA Novosti: Russia and North Korea have signed a new protocol to transition to...

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