North Korean Dealings with Hong Kong-Business Keep Regime Alive
Despite extensive sanctions against North Korea by the United Nations, European Union and United States in response to its nuclear testing, the world's most isolated country is not as isolated economically as one might suspect.According to a groundbreaking investigation by the Financial Times, North Korea relies on an obscure web of connections to finance foreign and domestic projects and bring in the foreign currency it needs to survive.The main group, Office 39 based in North Korea, conducts "illicit economic activities" to produce income for the leadership, according to the Financial Times. North Korea is also known to export weapons, drugs and indentured servants.It has dealings with a multi-million dollar private company based in Hong Kong, referred to as the Queensway Group.
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