Supply Chain Research

The governments of China and Russia are pushing for a relaxation of United Nations sanctions against North Korea in order to encourage a restart of the so-called “six party” talks including the U.S. China holds the main economic relationship with the DPRK. Exports to North Korea from China already increased by 19.6% year over year in October to reach $271 million – the highest since Nov. 2017. That outstripped imports by 16-to-one raising questions about the funding of North Korea’s trade deficit with China. Reducing sanctions in place since 2017 relating to North Korea exports of fish a...