What kinds of goods and services are promising in doing business with North Korea?
Experiencing food crisis, energy crisis, raw materials crisis, consumer goods crisis, and foreign exchanges crisis, North Korea is in dire need of everything from agricultural products to economic and social infrastructure. North Koreas major imports include petroleum, machinery, transport equipment, coal, and grain. Conditions of North Korean roads, railways, ports, communication facilities, electricity, and marketing and distribution channels are very poor. North Korea also needs various training and educational products and services for its officials, enterprise managers, and workers as they need to understand the basic concepts and methods of economics and commerce along with computers and Internet skills. It was reported recently that professors from Portland State University in Oregon would teach North Korean business leaders the free market ways of international commerce at Kim Il Sung University. In the report Oberdorfer (2001) is quoted as saying North Korea literally has nobo