ROK raises barriers to trade with DPRK

According to Yonhap, the South Korean government is subsidizing firms as they transition away from trade with North Korean firms: South Korea will provide low-interest loans worth a total of about 60 billion won (US$50 million) to companies troubled by a government ban on trade with North Korea, an official said Monday. The loans are … Continue reading ROK raises barriers to trade with DPRK