Part 5/11:
Amidst these turbulent financial waters, North Korea has permitted some cities to open to foreign investment as a beacon of economic possibility. Since the end of the Soviet Union, the country has established 29 development zones, with the most notable being the Rason Economic and Trade Zone. Here, foreign businesses can engage meaningfully, benefiting from privileges like a dedicated mobile network and even an International Trade Fair.
Another joint investment initiative, the Mount Kumgang tourist area, once attracted millions of South Korean visitors. However, following tense political events, many such areas face closure, severely impacting foreign return.