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N. Korea Gives More Trade Autonomy to Firms
Source: http://english.yonhapnews.co.kr
Source Date: Sunday, December 01, 2013
Focus: Electronic and Mobile Government
Country: Korea (Democratic People's Republic of)
Created: Dec 03, 2013

North Korea has allowed greater leeway for its exporters to boost trade, a report showed Sunday, another sign that the communist country may be loosening its tight grip on its centralized planned economy.

"Recently, we've given (trade firms) authority to boost their trade, and allowed them to set up their bases in major production points for exports," said Pak Eung-sik, who leads the (North) Korean International Exhibition Corp.

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