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?

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 socialist country and adopts a planned economy, but we are seeing signs that free market forces are gradually playing a bigger role in the North Korean society,” said Oh Choong Suk, director of the international...

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