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North Korean economy unlikely to face imminent crisis despite sanctions, Covid

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Diya jain @Diya_jain2 · Dec 23, 2021

North Korea's economy is unlikely to face an imminent crisis despite struggles stemming from crippling sanctions and border restrictions due to anti-virus efforts, experts have said.

 

 

North Korea's economy is unlikely to face an imminent crisis despite struggles stemming from crippling sanctions and border restrictions due to anti-virus efforts, experts have said.

 

The North has continued imports of essential economic materials, such as crude oil and fertilizers, which lessens the chances of its industries becoming paralyzed, Yonhap news agency quoted Choi Ji-young, a research fellow at the Korea Institute for National Unification, as saying.

 

"Crude oil has been introduced to the...read more