North Korea’s Trade System and Implications for Inter-Korean CEPA

Author
Jang Ho Choi, Yoojeong Choi
Content Type
Policy Brief
Institution
Korea Institute for International Economic Policy (KIEP)
Abstract
This study examines changes in trade-related legal systems in North Korea and ac-tual trade transactions, and analyzes them in accordance with international standards (the WTO regulatory framework). Through this process, we will draw up measures to im-prove North Koreas trade system to open up the external economy as well as signing of a Comprehensive Economic Partnership Ar-rangement (CEPA). The results of this study will contribute to understanding the main characteristics of trade-related laws and sys-tems within North Korea and suggest promis-ing directions for their improvement.
Topic
Bilateral Relations, Partnerships, Economy, Trade
Political Geography
Asia, South Korea, North Korea