TITLE

North Korean military to establish 'State Development Bank'

PUB. DATE
January 2010
SOURCE
East-Asia-Intel Reports;1/27/2010, p11
SOURCE TYPE
Newswire
DOC. TYPE
Article
ABSTRACT
The article reports that National Defense Commission (NDC), North Korea's highest decision-making body, has ordered the State Development Bank to be set up to provide investment on its development projects. NDC, which is chaired by North Korean ruler Kim Jong-Il, also designated Pyongyang-based Taepung International Investment Group to be responsible for attracting foreign investment for the State Development Bank.
ACCESSION #
47909610

 

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