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Description

Since the inter-Korean summit of April 2018, a string of diplomatic exchanges involving the Democratic People’s Republic of Korea (DPRK) as well as indications by Chairman Kim Jong Un himself hinted at alternative economic development models for North Korea, ushering in a swell of optimism. Especially buoyant have been investors, both within and beyond the Korean Peninsula, who have been showing manifestly enthused preemption in prospecting profitable enterprises in the North Korean economy with its promising capital endowments. Meanwhile, the DPRK nuclear program and military provocations remain at large and at odds with geopolitical sentiment, which finds expression through a multilateral sanctions regime.