North Korea Luring Foreign Investors

North Korea Luring Foreign Investors


BEIJING - After decades of isolation, North Korea, one of the world's last surviving Stalin-style socialist command economies, is launching a 10-year economic development plan, with an ambition to boost the country's gross domestic product (GDP) to $360-400 billion.

Pyongyang has put attracting foreign investment at the heart of the State Strategy Plan for Economic Development, setting up a National Development Bank and assigning an insurance company to protect foreign investors.

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