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Opening Attempt: North Korea And The Rajin-Sonbong Free Trade And Economic Zone, Marcus Noland

Marcus Noland

In response to its economic crisis, North Korea has intensified efforts to attract investment to its Rajin-Sonbong Free Economic and Trade Zone. While this effort to promote the zone represents an important start, the zone clearly has a long way to go before it will be able to attract the type of investment envisioned by its supporters. Lack of infrastructure appears to be a severe impediment to the development of the zone. If the infrastructural hurdle is to be surmounted, it will likely to be due to Chinese interest in developing the zone for transshipment trade associated with the economic …