Oct-November Update

Over the past two months, we have been having a series of meetings to prepare ourselves for our main project for next year. We intend to focus on one key economic institution in North Korea to help develop the institution. In preparation for this, we have - began consultation with experts in development finance, economics and law - met in Singapore with involved parties to understand whether the country would be a suitable venue for potential exchanges - began sharing our work with interested audiences through a series of conferences and at universities

We are now focusing on developing our fundraising materials to help ensure that our work becomes more sustainable.

North Korean President Cites Singapore as Ra-Son Gold Standard

North Korea recently released new promotional materials marking its vision for Rajin Sonbong in the northwestern part of the country. According to the Chosun Ilbo article, President Kim Il-Sung previously said: "Rajin-Sonbong must become a better city than Singapore when you establish an economic and trade zone there."

I can't think of better advertising for Choson Exchange as a Singapore-based organization supporting economic and commercial education in North Korea.