April 2011 Financial Sector Post-Trip Report

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We completed a round of consultations with the financial sector and investment policy sector in North Korea in April. We have attached non-sensitive and non-confidential details from the trip below. We do not vouch for the veracity of comments of participants, and details are given as described to us by relevant members of the respective organizations.

For our post-trip report on the financial sector and investment committees, please see "April 2011 Financial Sector Consultations."

Sections:

1. [REMOVED] 2. [REMOVED] 3. Daesong Bank 4. Kim Il Sung University Financial College 5. Foreign Trade Bank 6. Joint Venture & Investment Commission 7. Daepung Group & National Development Bank