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Foreign Firms Investment in Inter-Korean Economic Cooperation
Published April 28, 2022
Publication Source: KIEP
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This paper examines various channels and issues for foreign firms to invest in inter-Korean economic cooperation with the assumption that inter-Korean economic cooperation can be resumed after sanctions against North Korea have been lifted, and the same treatment is applied to foreign firms. Foreign firms’ investment in inter-Korean economic cooperation will provide a new opportunity for foreign firms to earn stable profits, while also playing a role in further solidifying the establishment of peace on the Korean Peninsula. Now, inter-Korean relations have fallen into difficulties due to sanctions against North Korea and the coronavirus pandemic, making it difficult to resume inter-Korean economic cooperation or to expect foreign firms to invest in inter-Korean economic cooperation. However, if inter-Korean economic cooperation is resumed, foreign firms’ investment in inter-Korean economic cooperation will be prioritized.

This paper was published by KIEP. KIEP retains the copyright to this paper and invites readers to share and cite the work with attribution to both the author(s) and KIEP.