Rason Special Economic Zone
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Rason Special Economic Zone
The Rason Special Economic Zone, earlier called the Rajin-Sonbong Economic Special Zone, was established in the early 1990s by the North Korean government near Rason to promote economic growth through foreign investment. It is similar to the Special Economic Zones set up by the People's Republic of China and elsewhere to pilot market economics in a designated controlled area. It is near the border with China and Russia and is a warm-water port for both countries. Chinese and Russian companies have invested in the economic zone. Mongolia has joined recently, and the use of foreign currency is permitted. Bloomberg reported that ground was broken in June 2011 on a further development stage of the zone. In November 2011, work began on building electricity transmission lines that will provide Chinese electricity supplies in the zone. Administration The Rason Special Economic Zone is administered by the Committee for Promotion of External Economic Cooperation (CPEEC). Foreign companies ...
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North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and shares borders with China and Russia to the north, at the Yalu River, Yalu (Amnok) and Tumen River, Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like South Korea, its southern counterpart, claims to be the legitimate government of the entire peninsula and List of islands of North Korea, adjacent islands. Pyongyang is the capital and largest city. In 1910, Korean Empire, Korea was Korea under Japanese rule, annexed by the Empire of Japan. In 1945, after the Surrender of Japan, Japanese surrender at the End of World War II in Asia, end ...
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UNIDO
The United Nations Industrial Development Organization (UNIDO) (French: Organisation des Nations unies pour le développement industriel; French/Spanish acronym: ONUDI) is a specialized agency of the United Nations that assists countries in economic and industrial development. It is headquartered at the UN Office in Vienna, Austria, with a permanent presence in over 60 countries. As of April 2019, UNIDO comprises 170 member states, which together set the organization's policies, programs, and principles through the biannual General Conference. UNIDO was established in 1966 by the UN General Assembly to promote and accelerate the industrialization of developing countries, which were emerging from decolonization in record numbers and with little to no industrial base. In 1979 it became one of the 15 specialized agencies of the UN, with its new constitution coming into force in 1985. Since its founding, the organization has restructured and reformed several times; the 2013 Lima ...
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Light Industry Products Trading Company
Light or visible light is electromagnetic radiation that can be perceived by the human eye. Visible light is usually defined as having wavelengths in the range of 400–700 nanometres (nm), corresponding to frequencies of 750–420 terahertz, between the infrared (with longer wavelengths) and the ultraviolet (with shorter wavelengths). In physics, the term "light" may refer more broadly to electromagnetic radiation of any wavelength, whether visible or not. In this sense, gamma rays, X-rays, microwaves and radio waves are also light. The primary properties of light are intensity, propagation direction, frequency or wavelength spectrum and polarization. Its speed in a vacuum, 299 792 458 metres a second (m/s), is one of the fundamental constants of nature. Like all types of electromagnetic radiation, visible light propagates by massless elementary particles called photons that represents the quanta of electromagnetic field, and can be analyzed as both waves and particle ...
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Korea Osoksan Trading Company
Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic of Korea) comprising its southern half. Korea consists of the Korean Peninsula, Jeju Island, and several minor islands near the peninsula. The peninsula is bordered by China to the northwest and Russia to the northeast. It is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea). During the first half of the 1st millennium, Korea was divided between three states, Goguryeo, Baekje, and Silla, together known as the Three Kingdoms of Korea. In the second half of the 1st millennium, Silla defeated and conquered Baekje and Goguryeo, leading to the "Unified Silla" period. Meanwhile, Balhae formed in the north, superseding former Goguryeo. Unified Silla eventually collapsed into three separate states due to civil war ...
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Pyongyang Aluminium Products Factory
Pyongyang (, , ) is the capital and largest city of North Korea, where it is known as the "Capital of the Revolution". Pyongyang is located on the Taedong River about upstream from its mouth on the Yellow Sea. According to the 2008 population census, it has a population of 3,255,288. Pyongyang is a directly administered city () with equal status to North Korean provinces. Pyongyang is one of the oldest cities in Korea. It was the capital of two ancient Korean kingdoms, Gojoseon and Goguryeo, and served as the secondary capital of Goryeo. Much of the city was destroyed during the First Sino-Japanese War, but it was revived under Japanese rule and became an industrial center. Following the establishment of North Korea in 1948, Pyongyang became its ''de facto'' capital. The city was again devastated during the Korean War, but was quickly rebuilt after the war with Soviet assistance. Pyongyang is the political, industrial and transport center of North Korea. It is home to Nor ...
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Korea Ponghwa General Corporation
Korea Ponghwa General Corporation ( Chosongul: 조선봉화 총회사) is an industrial group headquartered in Pyongyang, North Korea. Products Ponghwa produces knitwear, business suits, underwear, shoes, nylon rucksacks and bags, winter coats, skiwear, sportswear, golf bags, and hockey bags. The company is involved in Korea's eelskin garment and accessory industry. Ponghwa also produces embroidery. It produces much of its own packaging material at a polystyrene plastics facility. The company owns non-ferrous metals processing facilities, fisheries, and produces mushrooms and vegetables such as broad bellflower and aralia ''Aralia'' , or spikenard, is a genus of the family Araliaceae, consisting of 68 accepted species of deciduous or evergreen trees, shrubs, and rhizomatous herbaceous perennials. The genus is native to Asia and the Americas, with most species occu .... The company imports sport fishing equipment, packing materials and high-pressure polyethylene. It ow ...
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Korea Rungra 888 Trading Corporation
Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic of Korea) comprising its southern half. Korea consists of the Korean Peninsula, Jeju Island, and several minor islands near the peninsula. The peninsula is bordered by China to the northwest and Russia to the northeast. It is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea). During the first half of the 1st millennium, Korea was divided between three states, Goguryeo, Baekje, and Silla, together known as the Three Kingdoms of Korea. In the second half of the 1st millennium, Silla defeated and conquered Baekje and Goguryeo, leading to the " Unified Silla" period. Meanwhile, Balhae formed in the north, superseding former Goguryeo. Unified Silla eventually collapsed into three separate states due to civil w ...
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