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Associated Press in Pyongyang

Tuesday, January 17th, 2012

UPDATE 5 (2012-1-17): The Associated Press is opening a Bureau in Pyongyang. Martyn Williams reports:

The Associated Press has opened a news bureau in Pyongyang making it the first western news agency to have a reporter and photographer based in the North Korean capital.

The bureau represents a coup for the AP over the competition, but its close cooperation with the state-run Korean Central News Agency, necessitated to realize the deal, brings with it questions over editorial independence.

AP President Tom Curley and KCNA President Kim Pyong Ho officially opened the bureau in Pyongyang on Monday. It came six months after the two met in New York and signed a basic agreement towards the office.

The bureau will be housed inside KCNA’s headquarters and will be permanently staffed by two North Koreans: reporter Pak Won Il and photographer Kim Kwang Hyon.

AP didn’t provide details of the background of the two and declined to say if they were on the payroll of AP or KCNA.

Regardless of their employment status, they were almost certainly trained in the North Korean media-slash-propaganda machine with books such as “The Great Teacher of Journalists” — a heavy tome filled with advice to journalists by Kim Jong Il. Their appointment would have been approved by North Korean authorities.

The two have already contributed to AP’s coverage over the last few weeks on the death of Kim Jong Il.

Pak was credited as providing details for several AP stories on the funeral, including “Thousands Gather In Snow To Mourn Kim Jong Il.” Kim Kwang Hyon is believed to be the photographer responsible for several unattributed photographs issued by AP of the funeral.

Video footage of the office released by KCNA shows pictures of Kim Il Sung and Kim Jong Il hanging on the wall above some desks. A TV hangs on the wall and there also appears to be a refrigerator and microwave oven.

It’s this closeness with KCNA that has AP walking a delicate editorial line.

AP is based on a traditional of independent reporting, and KCNA is anything but independent. Its Japan-based website describes the agency as speaking “for the Workers’ Party of Korea and the DPRK government,” and its daily output is heavy with glorification of its leader and threats against South Korea and the U.S.

But when it comes to North Korea, KCNA is the only game in town.

North Korea has remained one of the few places in the world that has remained almost totally impenetrable to foreign journalists. Visits are strictly supervised and controlled, and information flow in and out of the country is just a trickle. This was demonstrated vividly in December when governments and media organizations were apparently unaware that anything was amiss in the days before the death of Kim Jong Il was announced.

Getting coverage from Pyongyang, albeit with assistance from the government’s news agency, is probably better than nothing.

The real payoff will come in the regular reporting trips by AP staffers that form part of the deal. Korea Bureau Chief Jean Lee and Chief Asia Photographer David Guttenfelder will oversee the bureau and are likely to continue visiting the country.

It also gives AP a leg up on competitors such as Reuters and AFP when major news breaks in Pyongyang, such as the recent death of Kim Jong Il.

UPDATE 4 (2011-9-29): The Associated Press has signed a deal for HD video from the DPRK. According to themselves (notice it is a new story not a press release!):

Associated Press President and Chief Executive Tom Curley said Thursday the agency has signed an exclusive deal to provide high definition news video from North Korea to broadcasters worldwide.

In a speech in Tokyo, Curley unveiled the three-year agreement with North Korean state broadcaster KRT and the Ministry of Posts and Telecommunications.

“Today’s announcement means that AP will be the only news agency to transmit broadcast quality HD video of key events in North Korea,” he said at the Japan National Press Club.

Associated Press Television News will also have exclusive rights to deliver HD video feeds for individual broadcasters wishing to transmit their own reports from North Korea.

The infrastructure will be established ahead of 2012, when the so-called Hermit Kingdom celebrates the 100th anniversary of the birth of the late leader Kim Il Sung.

The deal extends AP’s recent push into North Korea to a level unmatched by any other Western news organization.

AP announced in June that it had also signed a series of agreements with the Korea Central News Agency, including one for the opening of a comprehensive news bureau in Pyongyang.

Expected to launch early next year, the office would be the first permanent text and photo bureau operated by a Western news organization in the North Korean capital. It would build upon the AP’s existing video news bureau, which opened in Pyongyang in 2006.

In addition, the agencies signed a contract designating the AP as the exclusive international distributor of contemporary and historical video from KCNA’s archive. The agencies also plan a joint photo exhibition in New York next year. They already had an agreement between them to distribute KCNA photo archives to the global market, signed earlier this year.

“This is a historic and watershed development,” Curley said. “For AP, it extends further and deeper our global reach and shows the trust that is at the core of AP reporting. For the world, it means opening the door to a better understanding between the DPRK and the rest of the world.”

The latest deal also highlights AP’s broader digital transformation efforts in a rapidly evolving media landscape.

AP, which sees video as a critical part of its future, is investing at least $30 million into its video business. Under an 18-month plan, the agency is upgrading all infrastructure to eventually provide HD video that “will fit easily into digital platforms of any media customer anywhere.”

Curley told the group of Japanese journalists that while the U.S. is “ground zero” for the digital media shift, “the movement of information consumption to online platforms and devices is here to stay, and it will inevitably upend traditional forms of media everywhere in the world.”

Founded in 1846, the AP maintains bureaus in some 100 countries around the world and is the oldest and largest of the world’s major news agencies.

UPDATE 3 (2011-7-12): Reuters is also establishing a presence in the DPRK.

UPDATE 2 (2011-7-1): The AP is opening a bureau in Pyongyang. According to Journalism.co.uk:

The Associated Press is to open a bureau in the North Korean capital Pyongyang, following an agreement with state news agency KCNA.

The new bureau will be the first permanent text and photo office operated by a Western news organisation in the North Korean capital. It follows the opening of an AP television office in the city five years ago.

Run by a notoriously secretive regime, North Korea also has a poor press freedom record. It is ranked 177 out of 178 countries on the Reporters Without Borders press freedom index.

Under the new agreement, AP will have exclusive global distribution of video content from the KCNA archive. The agreement has been negotiated over the past few months, with KCNA president Kim leading a delegation of executives to AP’s New York headquarters.

In March, chief executive Tom Curley and executive editor Kathleen Carroll were part of a delegation that traveled to Pyongyang.

Curley heralded the agreement as “historic and significant”.

“AP is once again being trusted to open a door to better understanding between a nation and the world. We are grateful for this opportunity and look forward to providing coverage for AP’s global audience in our usually reliable and insightful way.”

UPDATE 1 (2011-3-10): According to Yonhap, the AP is once again asking to open a bureau in Pyongyang:

Thee Associated Press (AP), one of the main news agencies in the U.S., has asked North Korean authorities to help it open a bureau in Pyongyang, a news report claimed Thursday.

Itar-Tass, a Russian news agency, reported from the North Korean capital that a delegation for AP, headed by its president and CEO Thomas Curley, made the request during its ongoing visit to Pyongyang.

Citing an informed Korean source, Itar-Tass reported that the AP delegation said opening a Pyongyang bureau “would make it possible to create in the United States an objective and truthful picture of events” taking place in the communist regime.

“However, there is no clarity so far on the issue of opening of the AP office,” the source was quoted as saying.

North Korea’s state media reported briefly on Tuesday of the arrival of the AP delegation, but didn’t elaborate on why AP was visiting and how long its delegation would stay.

A source in Seoul had earlier told Yonhap News Agency that Curley is scheduled to stay in Pyongyang until Friday and his visit may be aimed at trying to set up a news bureau in the reclusive state.

Among foreign news agencies, only Itar-Tass and China’s Xinhua have bureaus in Pyongyang, while a journalist from the People’s Daily newspaper of China is also based there.

Itar-Tass on Thursday said officials from Reuters, the London-based news agency, also visited Pyongyang earlier with a similar request.

AP Television News, the international video division of AP, opened a full-time office in Pyongyang in 2006, making it the first Western news organization to establish a permanent presence in North Korea. The Pyongyang office of APTN currently provides only video images.

Below is a report I posted in 2006 on the opening of the APTV office in Pyongyang.

ORIGINAL POST (2006-5-23): The Assoicated Press Television News is opening an office in Pyongyang. According to the Joong Ang Daily :

AP Television News, a British-based agency, opened a full-time office in North Korea yesterday, with three North Koreans to be on the permanent staff, said Toby Hartwell, marketing director of APTN in London.

With the bureau, the television service becomes the first Western news organization to provide regular coverage from the reclusive country.

The bureau’s staff will be recruited from the North’s state-run media. International staff from APTN will have frequent access to the country and work with them, Mr. Hartwell said.

Mr. Hartwell said APTN has been given access to the country, and he believes that will continue.

APTN is the international video division of the Associated Press. It delivers video content of breaking global news to broadcasters around the world.

Posted in Associated Press, Communications, Domestic publication, Foreign direct investment, Ministry of Post and Telecommunications | 2 Comments »

Ri Chol out as JVIC chief

Tuesday, January 10th, 2012

According to Choson Exchange:

[The] Choson Ilbo has just reported that Ri Chol has left his post as head of the Joint Venture and Investment Committee (JVIC).

As we argued last fall, the name of the game for Pyongyang’s elites is securing trade and investment deals. Two main investment organs exist, the JVIC and the Daepung Investment Group. We have in the past heard rumors of other similar international investment organizations being under consideration, also. From these overarching groups, down to smaller State Owned Enterprises, there is considerable competition to show that one’s organization can deliver.

Ri Chol was a close ally of Kim Jong Il’s and the organization he came to be associated with, JVIC, rose to prominence after he helped put together the Orascom deal and was given stewardship. He was even with Kim on his last official visit, to a joint venture supermarket in Pyongyang.

He also spent most of the 1980’s and 1990’s in Switzerland in various diplomatic capacities, not the least of which was acting as a minder to Kim Jong Il’s children as they studied at private school.

What might his departure portend?

A few possibilities come to mind.

– Has the JVIC fallen out of favor with the new leadership? If this is the case, Ri might be tasked with building a new organization, perhaps with a similar focus. It would seem redundant to add another, rather than reform this one, but redundancy is hardly unheard of in planned economies.

– Has Ri himself fallen out of favor? Is he being put out to pasture? Again, it is impossible to know, but it seems that such a long term friend of the Kims, who has a personal relationship with Kim Jong Un from his school days would be a key ally at this time, especially since his deals are driving economic growth in North Korea. (Though who knows? Perhaps Kim the Younger has never liked him.)

– If not an issue with Ri personally, the move could be a part of a factional reshuffling. Bartering and dealmaking for control of the commanding heights of the economy is no doubt underway as the new government consolidates its power. It might have been deemed necessary to grant control of the JVIC to another group of Pyongyang movers and shakers – of which Ri Chol is not a part.

– Also very possible is that the very top leadership is planning to give Ri some new responsibility elsewhere. JVIC may have been judged to be running smoothly enough that Ri’s skills would be more effectively used another important organization.

This of course is highly speculative. All we really know is that Ri Chol, with a track record of securing investment, has left the JVIC. Whatever the case may be, he is worth watching in the coming months, as Pyongyang is compelled to keep investments from China and elsewhere coming.

You can read a longer bio on NK Leadership Watch.

Posted in Choson Exchange, Economic reform, Foreign direct investment, Joint Venture Investment Committee (JVIC), Joint Ventures | Comments Closed

ROK spending on inter-Korean projects lowest since 2000

Sunday, January 8th, 2012

According to the Korea Herald:

South Korea’s government last year executed the smallest amount of its inter-Korean cooperation fund in a decade, officials said Sunday, in another reflection of frayed relations with the communist North Korea.

The Unification Ministry, in charge of North Korean affairs, spent 42.6 billion won ($36.6 million), or 4.2 percent of the 1.1 trillion won fund designated as “South-North Cooperation Fund,” the ministry officials said.

The fund was used to support a Korean dictionary project, a humanitarian program by the United Nations Children‘s Fund as well as operating a facility for family reunions and an association for the inter-Korean industrial complex, they said.

Last year’s spending was the lowest level since 2000 when the two sides held their landmark summit talks and agreed on a wide range of cooperation projects as part of their reconciliation efforts.

Inter-Korean relations went to the lowest ebb in a decade after the North‘s two deadly provocations in 2010 that killed 50 South Koreans.

In 2008, when President Lee Myung-bak took office with a hard-line stance on North Korea’s nuclear program, the cooperation fund‘s execution rate plunged to 18.1 percent from 82.2 percent in 2007 under the liberal predecessor Roh Moo-hyun, the report noted.

The rate had remained at the 7 percent level between 2009 and 2010, it said.

The fund was created in 1991 to support humanitarian and economic exchanges between the divided Koreas, which remain technically at war after the 1950-53 Korean War ended in a truce. (Yonhap News)

Read the full story here:
Gov’t spending on inter-Korean projects lowest since 2000: ministry
Korea Herald
2012-1-8

Posted in Foreign aid statistics, Foreign direct investment, Mt. Kumgang Tourist Special Zone, RoK Ministry of Unification, South Korea, South-North Cooperation Fund, Special Economic Zones (Established before 2013), Statistics, Trade Statistics, UNICEF | Comments Closed

Kim Jong-il visits Kwangbok Department Store

Friday, December 16th, 2011

UPDATE (2011-12-19): KJI’s financial manager appears on tour of Kwangbok. According to Yonhap:

The head of a shadowy North Korean agency charged with managing slush funds for leader Kim Jong-il has again appeared in public after five months.

Recent footage from the North’s state television network showed Jon Il-chun standing closer to Kim than Kim’s heir apparent son, Kim Jong-un, on an inspection tour of a supermarket in Pyongyang.

Kim Jong-un is being groomed to succeed his father Kim Jong-il as the country’s next leader in what would be the country’s second hereditary power transfer.

Jon and Kim Jong-un were also seen standing side by side on an escalator at the Kwangbok Area Supermarket, according to recent photos released by the North’s official Korean Central News Agency.

Jon, who has rarely been exposed to media, was last seen on Kim’s trip to a factory in July.

He heads Office 39, which has often been referred to as Kim’s “personal safe” for its role in raising and managing secret funds for the North Korean leader.

The office is also believed to be involved in counterfeiting US$100 bills and drug trafficking.

Last year, the United States blacklisted Office 39 as one of several North Korean entities to come under new sanctions for its involvement in illegal activities such as currency counterfeiting.

ORIGINAL POST (2011-12-16): According to the Daily NK:

Chosun Central News Agency (KCNA) today reported news of an onsite inspection by Kim Jong Il, Kim Jong Eun and others to the Kwangbok District of Pyongyang, the city’s commercial center. The main site on the visit was reportedly the newly expanded and redesigned Kwangbok Department Store.

The redevelopment of the store was ordered by the elder Kim following his trips to China earlier this year, where he was repeatedly exposed to the full force of China’s commercial development.

According to KCNA, “To enhance the people’s welfare and improve their lives, upon the direct suggestion and boundless affection of the fatherly General with his perpetual concern for the people, Kwangbok Department Store, which was constructed in October, 1991, has been transformed anew into the commercial center of Kwangbok District.”

“From warehouse to sale, the realization of information technology and numerical control of all management operations guarantee accuracy and speed, and the store has been stocked to guarantee the utmost convenience of visitors,” it went on.

KCNA went on to say that Kim Jong Il listening to information from related officials, and subsequently declared himself satisfied with the way the store matched the people’s needs in all areas, from sales plans to the amount and quality of goods available.

“We must proceed with the kind of commercial activity that can sell to the people of the capital city those things that they would not be able to live without in their daily lives such as clothing, shoes, food, conveniences, family items, school goods and cultural things, and leave them with no complaint,” he emphasized.

Read the full story here:
Kim Satisfied with “Transformed” Store
Daily NK
Kang Mi Jin
2011-12-16

Posted in Bureau 39, China, Economic reform, Foreign direct investment, Joint Ventures | Comments Closed

“Chinese company” given access to Kumgang facilities

Tuesday, December 13th, 2011

According to Yonhap :

North Korea has allowed a Chinese company to do business at its scenic mountain resort, a source said Tuesday, in an apparent attempt to revitalize the resort at the center of a dispute with South Korea.

The company plans to organize a cruise tour to Mount Kumgang on the North’s east coast for Chinese tourists from Hong Kong and other eastern Chinese ports, said the source familiar with the issue.

The company, which won permission to run the business until the end of 2026, also plans to run a casino, a duty free shop and a hotel in the resort, the source said.

The move comes just months after North Korea made a trial cruise from its northeastern port city of Rajin to the mountain resort to try to attract Chinese tourists.

North Korea has launched a series of tourism programs for the Chinese in an apparent bid to earn much-needed hard currency.

For a decade, South and North Korea jointly ran the tour program at the resort, a key symbol of reconciliation on the divided Korean Peninsula.

Still, Seoul halted the cross-border tour program following the 2008 shooting death of a tourist by a North Korean soldier near the resort.

Seoul has demanded a formal apology from Pyongyang for the incident, in addition to improved security measures for tourists, before resuming the tour program, a key cash cow for the North.

However, the North has expelled South Korean workers from the resort and disposed of all South Korean assets there after it unsuccessfully tried to pressure Seoul to resume the tour program.

South Korea has asked foreign countries not to invest or engage in tourism activities at the mountain resort as part of its moves to protect its property rights there.

Dear Yonhap: Would it have been too much trouble to give us the name of the Chinese company or tell us anything about it?

Read the full story here:
N. Korea permits foreign company to run business at its scenic resort
Yonhap
2011-12-3

Posted in China, Economic reform, Foreign direct investment, Gambling, Mt. Kumgang Tourist Special Zone, Special Economic Zones (Established before 2013), Sports, Tourism | Comments Closed

SEZ Law Enacted by Supreme Assembly

Friday, December 9th, 2011

Pictured Above (Google Earth): The Hwanggumphyong and Wiwha Island SEZ on the Yalu/Amnok River which separates the DPRK and PRC.

UPDATE 1 (2012-3-19): Read the laws governing the SEZs here.

ORIGINAL POST (2011-12-9): According to the Daily NK:

North Korea has enacted a law governing activities at Hwanggeumpyeong and on Wihwa Island, two new special economic zones in the vicinity of Shinuiju on the Sino-North Korean border.

Chosun Central News Agency revealed the news this morning, stating, “The Hwanggeumpyeong-Wihwa Island Economic Zone Act was adopted by the Standing Committee of the Supreme People’s Assembly of the Chosun People’s Democratic Republic.” It did not offer any further details.

The provisions of the new law are reported to have been circulated to various Chinese governmental and economic figures, and it is said to contain provisions reflecting successful elements in the development of China’s own special economic zones.

Naturally, one key part of the intent behind the new law’s enactment appears to be to reassure potential Chinese investors of the stability of the investment climate in North Korea.

At this stage, although there was a large opening ceremony for the zone in June this year attended by Workers’ Party figures including Jang Sung Taek, who plays a key role in the attraction of overseas investment to North Korea, the pace of construction remains limited.

However, there may not be long to wait. Dai Yulin, who heads the Municipal Committtee of the Chinese Communist Party across the Yalu River in Dandong told the China Daily back in September, “Concrete plans for the development of the Hwanggeumpyeong Special Economic Zone will be completed by the end of this year.”

Read the full story here:
SEZ Law Enacted by Supreme Assembly
Daily NK
Kim Tae Hong
2011-12-9

Posted in China, Economic reform, Foreign direct investment, Hwanggumphyong and Wihwado Economic Zones (Sinuiju), Special Economic Zones (Established before 2013) | Comments Closed

7 Chinese killed in road accidents near Pyongyang

Monday, November 28th, 2011

Pictured above (Google Earth): The Pyongyang Friendship Hospital, where the Chinese visitors are being treated.

According to Xinhua (PR China):

Seven Chinese citizens and three nationals from the Democratic People’s Republic of Korea (DPRK) were killed in two traffic accidents near Pyongyang, the Chinese Embassy in the DPRK said Sunday.

On Saturday morning, a bus carrying 27 Chinese tourists overturned about 60 km away from Pyongyang, due to the slippery iced road caused by icy rain. Another bus with a 17-member Chinese business delegation plunged into a ravine from a bridge in the same section minutes later.

Ten wounded Chinese, including three seriously injured, were being treated at the Pyongyang Friendship Hospital, while the others were confirmed unharmed.

A work group sent by relevant Chinese authorities has arrived in Pyongyang. The Chinese Embassy activated an emergency mechanism and dispatched staff to look after the patients in the hospital on a 24-hour duty.

The DPRK government has instructed health, tourism and diplomatic departments to deal with related issues. DPRK officials have also visited the wounded Chinese in the hospital.

UPDATE: Adam Cathcart is also following this story.

Read the full story here:
7 Chinese killed in road accidents near Pyongyang
Xinhua
2011-11-27

Posted in Automobiles, China, Foreign direct investment, Tourism, Transportation | 1 Comment »

Dutch stamp dealer accused of being a spy in North Korea

Sunday, November 27th, 2011

By Michael Rank

A Dutch stamp dealer who was arrested in North Korea this summer has told how he was held in solitary confinement for two weeks and threatened with spending 15 years in prison for spying.

Willem Van der Bijl said in a telephone interview that he had visited North Korea about 24 times since 1998 in order to buy stamps, postal stationery and propaganda posters, and that three of his business contacts were arrested with him last August. Although he was freed after a highly unpleasant two weeks during which he was held in a two-by-three metre cell, he has no idea what has happened to his North Korean colleagues, but fears they will be severely punished.

He said he had been “intimidated” by his interrogators but not physically mistreated during his detention. “They yelled at me but did not hit me”, he said, adding that he was accused of being a spy apparently because of the large number of photographs he had taken of the North Korean countryside during trips to factories outside Pyongyang to discuss possible joint ventures.

He was released after signing a confession to his alleged crimes, and said the North Koreans confiscated his laptop and camera as well as a Kim Il Sung badge that had been given to him, but his money was returned to him. “I was happy to leave,” he said, adding that “There was nothing really wrong in what I did…All I did in North Korea was fairly correct”.

Van der Bijl, 60, photographed here with an interview in Dutch, said his North Korean colleagues were held in the same interrogation centre as he was and that he was deeply concerned that “They will have to face trial, and I will never see them again.”

Although mainly a stamp dealer with a stamp shop in Utrecht, he said he had become interested in collecting propaganda posters during his last few visits, and had a collection of thousands of posters.

He said North Korean officials seemed divided in their attitude as to whether such posters should be sold to foreigners. “The ‘doves’ say this art is popular in the west and should be sold; the ‘hawks’ do not want to export secret paintings, they are meant for the Korean people,” Van der Bijl said.

He said his hopes mounted every Tuesday and Saturday that he would be released as there are flights from Pyongyang to Beijing on those days, and as time progressed he became more worried that he would be sentenced to spending up to 15 years in jail for espionage. When he was freed he was told he could apply for a visa to visit North Korea again, but he told NKEW said he had no wish to do so as long as the current regime remains in power.

He said he had taken car journeys about 120 km outside Pyongyang nominally to visit companies to discuss joint ventures, but he was more interested in taking photographs of the impoverished countryside, and that North Korean factories were too dilapidated for there to be any serious chance of doing business with them.

Somewhat surprisingly, Van der Bijl is quoted on two official North Korean websites here and here before his arrest concerning local elections in North Korea in July. He visited a polling station during the elections and was quoted as saying, “Looking round the poll, I have been greatly impressed by the free and democratic elections and I have had a better understanding of the DPRK’s reality.

“In the DPRK every citizen is eligible to vote and to be elected. Those who have worked a lot for the people are elected as deputies. The popular election system of the DPRK is really excellent.”

He confirmed he had spoken to North Korean reporters at a Pyongyang polling station, but said all he had told them was that he had never seen elections run in such a way before, and strongly denied praising the elections as free and fair

Also surprisingly, Van der Bijl is shown wearing a Kim badge in two photographs of him on the Pyongyang Times websites. It’s rare for foreigners to be given a Kim badge and still rarer for them to be shown wearing one in the official North Korean media. Van der Bijl said he was unsure where the photos were taken. One of the websites shows Van der Bijl’s signature, copied from his passport.

Posted in Domestic publication, Foreign direct investment, International trade, Korea Today, Political economy | Comments Closed

DPRK makes discreet investor plea to French students

Thursday, November 24th, 2011

Pictured above (Google Earth): The University of Toulouse, France. See in Google Maps here.

According to AlertNet (Reuters):

Secretive and isolated North Korea is searching for economic allies in the unlikeliest of ways: showing videos of happy North Korean tourists to young French university students in a 13th century convent.

The reclusive communist state has no official diplomatic relations with France, one of only two European Union countries to cut ties with North Korea until it abandons its nuclear weapons programme and improves its human rights record.

But just weeks after Paris decided to open a cooperation office in the North Korean capital, its ambassador to Paris-based UNESCO accepted an invitation to address students from the University of Toulouse within the gothic surroundings of the Franciscan convent’s capitular chamber.

The meeting marked Ambassador Yun Yong Il’s first public appearance in France.

“They are the future,” said Yun, when asked by Reuters why he picked Toulouse to talk. “I’m here for the students who have been waiting to hear from a North Korean official for a year.”

Tensions have gradually eased on the Korean peninsula since the sinking of a South Korean warship 20 months ago and the North’s revelation of a uranium enrichment facility that opens a second route to make an atomic programme.

North Korea and the United States have also held a series of bilateral meetings geared at restarting broader regional de-nuclearisation talks, giving the North a window of opportunity to raise its diplomatic efforts around the world.

Yun, a former political director at the Foreign Ministry, faced about 100 students.

At times, the future political science graduates looked on bemused and surprised as the four-hour presentation cut from a hazy tourism video of the 1980s showing rolling mountains, happy North Koreans on holiday and copious seafood platters to a well structured monologue about the country’s woes and potential.

“Our country is open to everybody who wants to come. You just have to ask for a visa in Paris!” said Yun, who speaks fluent French, but opted to talk in his native language and let his deputy translate into English.

Pyongyang has slowly opened its doors under strict conditions to foreign tour groups, mostly Chinese as a way of earning hard currency.

Yun, who wears a lapel pin of President Kim Jong-il on his suit, said the country’s lack of hard currency as a result of tighter sanctions has made it turn to foreign investors on the “basis of mutual respect and interests”.

“We are looking forward to multilateral and multifaceted economic co-operation with other countries,” he said.

“We are definitely opposed to monopolistic investment of a single country,” said Yun, adding that the country’s natural resources provided opportunities for investors to tap.

CHINESE MODEL, CHINA TRAP

Michel-Louis Martin, director of Toulouse University’s security and globalisation research group said the event was not just propaganda.

“They are trying to go beyond what they usually have to say about North Korea. Don’t forget in France, North Korea is not very well known,” said Martin.

The country’s desire to diversify its economy has echoes of China when it began to allow foreign investment and gave permission for entrepreneurs to start up businesses in the 1970s.

Yun’s presentation attempted to steer clear of its frictions with the United States, South Korea and even its relationship with China, focusing instead on his country’s economic problems.

But by the end he stepped up the rhetoric, firmly laying the blame for Pyongyang’s “misfortune” on the United States.

Michel Dusclaud, a researcher at the University of Toulouse who convinced Yun to speak, said it was normal for ancestral hatreds to come out. Despite this, he said, it was clear the North was beginning to accept that if it did not diversify, it would be engulfed either by its souther neighbour or China, which still has territorial claims to it.

“They have to open up for international cooperation otherwise they will be eaten up by South Korea or China,” Dusclaud said. “It’s imperative, but it’s not because they like us.”

With his speech finished, Yun was quick to shuffle out of the Gothic chapel, declining to speak to Reuters, but also telling a student who attempted to pose a question on whether North Korea’s political system could last:

“I’ll see you in Paris and then we’ll talk.”

Read the full story here:
N.Korea makes discreet investor plea to French students
AlertNet (Reuters)
John Irish
2011-11-24

Posted in China, Economic reform, Education, Foreign direct investment, France, International trade, Mining/Minerals, Ministry of foreign Affairs | Comments Closed

Orascom releases Q3 2011 sharholder report

Friday, November 18th, 2011

You can read the full report here (PDF).

Since I am behind on numerous commitments at the moment, I am not going to write much about this. However, the report’s contents have been widely covered:

1. North Korea Tech (Martyn Williams) and here.

2. Reuters

Posted in Cell phones, Communications, Foreign direct investment, Orascom Telecom Holding | Comments Closed