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North Korea’s Trade System and Implications for Inter-Korean CEPA

Author

Listed:
  • Cho, Jang Ho

    (Korea Institute for International Economic Policy)

  • Choi, Yoojeong

    (Korea Institute for International Economic Policy)

Abstract

This study examines changes in trade-related legal systems in North Korea and ac-tual trade transactions, and analyzes them in accordance with international standards (the WTO regulatory framework). Through this process, we will draw up measures to im-prove North Koreas trade system to open up the external economy as well as signing of a Comprehensive Economic Partnership Ar-rangement (CEPA). The results of this study will contribute to understanding the main characteristics of trade-related laws and sys-tems within North Korea and suggest promis-ing directions for their improvement.

Suggested Citation

  • Cho, Jang Ho & Choi, Yoojeong, 2020. "North Korea’s Trade System and Implications for Inter-Korean CEPA," World Economy Brief 20-6, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2020_006
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    More about this item

    Keywords

    CEPA; North Korea;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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