Ministry of Foreign Trade Reorganized as Ministry of External Economic Affairs

According to KCNA Watch, “The DPRK decided to reorganize the Ministry of Foreign Trade as the Ministry of External Economic Affairs of the DPRK by merging the Joint Venture and Investment Commission of the DPRK and the State Economic Development Committee of the DPRK with it.The Presidium of the DPRK Supreme People’s Assembly promulgated a decree in this regard on Wednesday.” According to a well informed source, Officials of this Ministry are one of those who are cooperating with foreign investors in the DPRK. Ri Ryong Nam is the minister of foreign trade of the DPRK.

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