Future Business Opportunities in North Korea

The purpose of this blog is to collect and share information about the present business environment and possible future business opportunities in North Korea.

Travelling to North Korea and doing business in North Korea is currently prohibited, however a new market and business opportunities will open up in North Korea after Unification or fundamental changes in North Korea's policy and attitude toward the world for attracting foreign investors and tourists.

Monday, December 4, 2017

North Korean restaurants abroad are closing

There used to be many North Korean restaurants in North Eastern part of China, but recently, many of them are shutting down.

North Korea has conducted missile and nuke tests so frequently that it faces sanctions which results in this situation. Many joint ventures, cooperative companies between China and DPRK are also told to close. Trump has designated DPRK as a country that supports terrorism (indeed it is said that North Korea has been selling weapons to Iran and Pakistan).

Some say that all North Korean restaurants in China are supposed to be closed down by March 2018. According to tourists, you can watch the Korean girls singing traditional songs and enjoy Korean food. Many of those working in the restaurants have chosen to defect North Korea and some wish to live in China permanently although illegal.