SEOUL, KOREA — North Korea has recently opened its first online shopping mall where around 100 products including agricultural products and building materials are sold. Chunrima, the country's official economy news website (http://www.dprk-economy.com/en/Shop/index.php), added an 'e-shop' page to display and sell, in Korean, English, and Chinese, a wide range of products from food and pharmaceutic
North Korea too is beginning to get a hold of credit cards. Normally, foreign travelers in North Korea make payments with US dollars or euros, and until recently, they could not use credit cards that charge in US dollars. American credit card service companies such as VISA and MasterCard explained that it is very difficult to operate in North Korea due to economic sanctions on the country and its
By Choi Sung, Professor of computer science at Namseoul University(email@example.com) Inter-Korean private-level cooperation in the IT sector had been very brisk, but it has significantly slowed down owing to political issues. In particular, inter-Korean exchanges in the IT sector, which is deemed the least political, are believed to have bigger knock-on effects than those in any other sector.