ROK seeks to gain greater control of sanctioned cash flows to DPRK

According to KBS: South Korean firms doing trade with North Korea must will soon make payments only at government-designated banks. The Unification Ministry said it will revise the law on inter-Korean cooperation and exchange to this effect. It said the measure aims to provide a greater understanding of the monetary flow of inter-Korean trade and … Continue reading ROK seeks to gain greater control of sanctioned cash flows to DPRK