Seoul sees glimpses of free market in North

North Koreans are starting to form free markets and trade goods, a sign the planned economy is gradually accepting market forces. Could it lead to rapprochement?

Seoul sees glimpses of free market in North

A gradually change in theeconomic situation and emergence of a nascent market systems in North Korea could hold the key to improving inter-Korean relations, a senior official at South Korea’s Ministry of Unification said on Wednesday.

The remarks, coming as US President Donald Trump's swing through Asia turns investor focus to the Korean Peninsula, offers an optimistic note at a time of concern about Pyongyang's nuclear programme.

“North Korea is a...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: south korea | north korea | markets | politics | donald trump

Print Edition

FinanceAsia Print Edition