Yonhap
1/12/2007
North Korea has established a consultation office to provide legal services for foreign investors, according to the North’s official media Friday.
The office, called Pyongyang Law Office, is to give advice with regards to the foreign investment law, the Kaesong Industrial Complex, the Mount Geumgang tourism law and the North’s legal system, the Korean Central News Agency (KCNA) said.
The services will be provided for not only foreign investors, but also overseas Koreans, institutions, business entities and residents in the communist country, KCNA added.
“Before they decide to make an investment in the DPRK, foreign investors will be able to use the legal services, so it will be very useful in terms of investment safety,” said Heo Young-ho, chief of the office.
