DPRK's 'Foreign Trade' Magazine - 2016 - No. 3

2016·2 MB·English

by  Foreign Trade Publishing House

FFOORREEIIGGNN TTRRAADDEE
JUCHE 105 33
OF THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA
(2016)
@ FOREIGN TRADE PUBLISHING HOUSE 2016 ISSN 1727-916X
FOREIGN TRADE
Contents
QUARTERLY JOURNAL
Juche 105 (2016) No. 3 (440) OF THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA
KK UU MM KK HH OO PP

2. Namhung Youth Chemical Complex
General Foodstuff Factory for Sportspeople
4. Immortal Exploits Performed for the Development
of Foreign Trade
4. Wonsan-Mt Kumgang International Tourist Zone
The Kumkhop General Foodstuff Factory for diseases and good for health of women in pregnancy
Sportspeople mass-produces delicious and nutritive and children. 6. Korea Economic and Trade Information Company
foods. The products of the factory including biscuits such as
Hundreds of kinds of foodstuffs are produced, wafer, assorted biscuits and vanillin-fl avour biscuit, and 7. Insam Lotion
including processed meat, confectionery, bread and soft drinks of various kinds such as carbonated juices
8. Jinung Solar Panel Manufacturing Station
rice cakes. with fl avour of strawberry and cocoa are enjoying a Namhung Youth Chemical Complex
Especially those including cocoa, chocolate and good reputation among customers.
10. Branch of Hyangmanru Shop
peanut biscuits, which contain suffi cient amount of
butter, egg, oil, protein, starch, saccharinity and tannin, Korea Kumkhop Trading Company
12. Hungryon Joint Venture Company
are good for the growth of children, and the biscuits Add: Mangyongdae District, Pyongyang, DPR Korea
of pumpkin seeds that contain amino acid, vitamin, oil Tel: [phone]-ext8705 Fax: [phone]. Pomhyanggi-brand Kaesong Koryo Insam Cosmetics Editors: Kim Son Ok
and protein are effi cacious for treating and preventing E-mail: [email protected] Choe Tol Jin
16. Okkaedongmu-brand Bags

18. Hungnam Manson Trading Company Photo: Kang Chol Song
Jon Son Il
22. Pyongyang Kim Jong Suk Textile Mill
24. Legal Environment of the
The quarterly journal “Foreign Trade of the
Wonsan-Mt Kumgang International Tourist Zone DPRK” is available in English, Russian,
French, Spanish, Chinese and Japanese
25. Law of the DPRK on the Kumgangsan Special Zone versions.
Please visit http://www.naenara.com.kp
for International Tourism
29. Environmental Gas Analyzer
Published by the Foreign Trade
Publishing House
29. HG-AFS
Add: Sochon-dong, Sosong District,
29. Surface Alloy Device Pyongyang, DPR Korea
30. Sosan Hotel
32. Pyongyang Musical Instrument Factory
THE CHAMBER OF COMMERCE
OF THE DEMOCRATIC PEOPLE’S
REPUBLIC OF KOREA
P.O.Box 89
Add: Jungsong-dong, Central District,
Kumkhop General Foodstuff Permanent Magnet Pyongyang, DPR Korea
Tel: [phone]
Factory for Sportspeople Synchronous Motor
Fax: [phone]
E-mail: micom @ silibank.net.kp
E-mail: micom @ star-co.net.kp
@ FOREIGN TRADE PUBLISHING HOUSE 2016 ISSN 1727-916X
The Namhung Youth Chemical Complex, situated analyse all the real-time indexes including temperature,
in Anju, South Phyongan Province, is a modern and pressure, fl ux, level and others in a comprehensive and
comprehensive large-scale base of chemical industry. intensive way and control them respectively.
The complex has a combined chemical factory The development and introduction of DCO helped the
NAMHUNG
which produces urea fertilizer, polyethylene, orlon, complex achieve big successes in fertilizer production
polypropylene and so on, sodium carbonate factory and and opened up a prospect for establishing integrated
other auxiliary branches. control systems in the country’s leading chemical
In the initial days of operation it was a small factory bases.
that produced only a few chemical goods but it has now The completion of fi rst-line gasifi cation process
developed into a complex which turns out hundreds of contributes to agricultural development and
Youth Chemical kinds of chemical products of high quality. improvement of people’s living standards by relying
The complex concentrates its primary efforts on on the raw materials abundant in the country and less
consolidating its material and technological foundations electricity.
and producing goods with locally-available materials. The complex is redoubling its efforts to fully supply
It has recently built a large-scale process of anthracite raw and other materials badly needed for the different
Complex gasifi cation to push ahead with Juche fertilizer sectors of the national economy including the rural
production. economy and light industry by putting production on
Perfect are the processes of gas cleaning, stick coal normal track at a high level, improving equipment
moulding, gas generating and fertilizer forwarding and technology in the spirit of self-reliance and self-
which are needed for anthracite gasifi cation. development and establishing modern production
Scientists and technicians developed control processes more.
programs for each process including gas generation
and ammonia production, so as to establish a computer-
aided control system with automatic control, sequential
control, and information and cutoff, and self-diagnosis
functions. They also made it possible to monitor and
2 3
Foreign Trade of DPR Korea
IImmmmoorrttaall EExxppllooiittss PPeerrffoorrmmeedd ffoorr foreign trade in conformity with the situation districts of Wonsan, Masikryong Ski Resort, facilities while effi ciently operating the already- built.
in the early 1990s when the socialist market Ullim Falls, Sogwang Temple, Thongchon and built service facilities. The existing Wonsan-Mt Kumgang railway
tthhee DDeevveellooppmmeenntt ooff FFoorreeiiggnn TTrraaddee disappeared and the US and other imperialist Mt Kumgang. will be renovated for freight transport, and a new
powers grew more vicious than ever before The general direction of the zone development Development of the Sogwang Temple high-speed tourist railway will be built parallel
in their attempts to unleash a war and impose is to build up Wonsan as a world-level tourist District to the Wonsan-Mt Kumgang tourist road.
The Democratic People’s Republic of Korea of the DPRK adhere to independence in foreign economic blockade against the DPRK. district whose various recreational and The Sogwang Temple is situated in Solbong- The existing Wonsan-Mt Kumgang tourist
has maintained developing foreign trade as an trade relations and contribute to the successful Under the wise leadership of Kim Jong Il cultural facilities blend well with its ecological ri, Kosan County, Kangwon Province. road will be upgraded and a new one will be
important requirement for consolidating the completion of socialist industrialization by who ensured that the foreign trade relations environment, and at the same time develop and The temple district has many famous historical built. The road in the central part of Wonsan
independence and strength of its economy and developing foreign trade with the method of were developed with all countries respecting operate the districts of Mt Kumgang, Thongchon relics, mountaineering paths, mineral springs, is planned to be expanded, and various other
and Sogwang Temple as districts for sightseeing facilities for medical treatment and tourism and sections reconstructed so that they can form a
putting it on a highly Juche-oriented, modern fulfi lling each other’s needs. the sovereignty of the DPRK regardless of
historical relics with well preserved ecological lodgings that can accommodate over 1 000 persons. ring road in each district.
and scientifi c footing. At that time, in the fi eld of foreign trade, the the differences in socio-political systems, the
environment, as districts for international tourism The district plans to open up a new For electricity supply, a new substation
Foreign trade of the DPRK has been DPRK was biased to the socialist countries government pushed forward trading in consumer
and for medical treatment. mountaineering path from the Sogwang Temple with tens of thousands of kVA capacity will be
constantly developed under the wise including the Soviet Union and China. But goods, technology and service, by braving
The zone will observe in its development the to the Pomun Hermitage and renovate the existing built, the existing hydraulic power generating
leadership of President Kim Il Sung and he led this fi eld to expand its external market heinous economic blockade and isolate-and-
principles of developing by stage according to the lodgings and the surrounding tourist facilities. capacity increased, and renewable energy used
Chairman Kim Jong Il. to other countries in the Middle and Near stifl e schemes of the hostile forces. At the same plan, inviting investment from various countries, in an effective way so as additionally to produce
President Kim Il Sung put forward ideas and East, with the result that the government time it conducted various forms of exchange protecting the natural and ecological environment Development of the Thongchon District hundreds of thousands of kW of electricity.
theories on developing independent foreign trade made foreign trade multilateral and diversifi ed by establishing many-sided economic relations of the zone and its surroundings, utilizing the Chongsokjong, known as one of the eight Wonsan plans to prevent sea pollution
and led sagaciously work for its implementation. and increased its scope in a short period, and with them in the fi elds of fi nance, currency, land and resources rationally, enhancing the scenic spots in the east, and the beautiful lagoons completely. To this end, it intends to raise the
After advancing unique ideas and theories actively encouraged the completion of socialist investment, insurance, transport and others. international competitive edge in production and of Tongjong and Sijung are in the Thongchon level of disposal of seawage into the fi rst class
on foreign trade, the core of which is that, on industrialization by conducting brisk trade It also expanded the scope of export in many service, and providing both convenience for the district. There is also the Sijung bathing resort by building a large-scale solid waste treatment
the basis of building a self-supporting national activities with many other countries. fi elds such as scientifi c and technical research, economic activities and interests for the public. on the coast. plant, renovating sewage treatment plants
economy, it has to serve the purpose of further In this period, the government concluded coal and ferrous and nonferrous metal, Lagoon Sijung, situated between Kangdong-ri and and improving the urban sewage network
strengthening its foundations, he established trade agreements with over 120 countries, iron- and steel-making, chemistry, machine Development of the Wonsan District Songjon-ri in Thongchon County, Kangwon Province, management system.
national trade structure system and ensured produced and exported many types of machines building and cement. On the other hand, it Wonsan is the seat of Kangwon Province and a was formed by the wave motion of the sea.
that trade relations were built up with various including machinery and equipment, iron and made suffi cient supply of materials needed for cultural, port city. There are various cultural and recreational Wonsan-Mt Kumgang International
At the moment, there are the Songdowon bathing facilities including a bathing resort, boating- Tourist Zone Development Process
other countries after the liberation of Korea. steel, cement, electric apparatus and nonferrous the building of an economic giant.
resort, Songdowon International Children’s Camp, ground and angling site, a hotel and other After its groundbreaking on May 20, 2015,
The year after the founding of the DPRK, metal products, and imported crude oil, raw It launched electronics, bioengineering,
Korean-style park and recreation ground, zoo, lodging that can accommodate over 1 000 a large building force has been engaged in the
he led its government delegation to visit the rubber, ginned cotton, cokes, tin, etc. new material engineering, CNC technology,
botanical garden and Jangdokdo recreation ground, persons and welfare service facilities, as well as construction projects of the Wonsan district;
Soviet Union and concluded an agreement on The President stressed the need to conduct nano technology, genetic modifi cation and the Songdowon and Tongmyong hotels and several sanatoria and holiday camps including like water supply, drainage, electricity supply,
economic and cultural cooperation between the a profound study of the international market technology, space technology and other fi elds other lodgings in the downtown area. the Sijungho Sanatorium. the Port of Wonsan, railway and other types of
two countries. and maintain the credit-fi rst principle fi rmly, of science and technology, and stepped up The development of the central part of Wonsan As a beautiful place where the mountains, infrastructure, as well as apartment houses.
This brought about a radical development in conclude trade contracts properly and implement the establishment of hi-tech industries. It induces the building of its central axis and the sea and natural lakes blend well, the district has In late May, 2015, the 2015 Seminar on
the bilateral trade transactions. it unconditionally, pack the export goods well also took several measures to encourage and dwelling and industrial areas and tourist facilities, been known historically as a holiday-making Investment in the Wonsan-Mt Kumgang
During the Fatherland Liberation War (June and observe the date of delivery. He also ensured give preference to the activities of trading laying out of green areas and modernization of and tourist area. It is planned to be developed to International Tourist Zone was held on Mt
1950 - July 1953), he gave instructions on the that trade activities were conducted with the companies contributing to them. lodgings. serve various tourist purposes all the year round, Kumgang. Over 100 overseas compatriots and
principle of foreign trade, problem of export Southeast Asian countries while paying due In this way a radical turn has been brought Construction of the central axis is planned to including sea bathing, golf, physical exercise, foreigners attended there. Various documents
resources and its items and guided the work concern to East European countries in accordance about in the development of foreign trade. preserve the characteristics of the central part of hotel, restaurant, cultural recreation, treatment refl ecting the investors’ will and memoranda of
of conducting foreign trade without letup with the changed situation in the 1990s. Today, foreign trade of the DPRK is the modern city by building the axis long and wide by mud baths and so on. Foreign investors are understanding and agreements were concluded
according to wartime conditions. Under the leadership of Kim Jong Il, contributing to the building of a socialist from the foot of Mt Sambong to the coast and allowed to rent land in this district so that they during the seminar. Some of the agreed projects
As a result, Komdok, Hungnam, Yangdok, foreign trade of the DPRK ushered in a new economic giant by glorifying for ever the distributing the areas around it for commercial can develop infrastructure and conduct real are being intensifi ed in the form of contract while
service, cultural recreation and science and estate business. some others actually started investment. Later,
Munphyong and other major ore mines and era of its development. immortal leadership exploits of the great
technology exchange and by making the day and Lodgings that can accommodate over 5 600 some businesses have presented proposals to
factories and enterprises in industrial areas Based on his close analysis of the relationship leaders for its development, and following the
night scenery colourful. persons and tourist and service facilities are to hold the seminar on a larger scale.
have been restored and the production of between self-supporting national economy and line of Kim Jong Un to expand and develop
Tourist facilities and public buildings including be built in area around Lagoon Tongjong and Tourism in the zone has gained new aspects.
export goods increased to render great services external economic activities, he had the external the relations of the external economy.
a swimming pool, aquarium, cultural recreation tourist service facilities including a bathing In addition to the sightseeing of the sea, lake
to achieving victory in the war. economic activities conducted briskly. Prof. and PhD Jo Chang Jun, a section hall and restaurant will be concentrated in the resort, boating-ground and passenger quay near and Mt Kumgang it is planning various other
In the postwar period, he had the government He took positive measures to develop chief at University of National Economy central part of the city along the coast. Service the natural park in the Chongsokjong area. themes including mountain marathon, race,
facilities that can accommodate 12 000 more mountain biking, and aerial sports. These kinds
persons will be established in the Songdowon Development of the Mt Kumgang District of tourism are being prepared with foreign
Wonsan-Mt Kumgang International Tourist Zone bathing resort. The Mt Kumgang district is located between travel agencies.
The industrial district will be built with the Kosong and Kumgang counties in Kangwon The Wonsan District Development Corporation
main emphasis on the projects necessary for Province. hopes that competent foreign investors will take
operating the tourist resort. Mt Kumgang is world famous for its queerness, part in the development of the tourist zone and
Establishment of the Wonsan-Mt Kumgang city of Wonsan and Anbyon, Poptong, Chonnae, (electricity, shipbuilding, foodstuff, footwear, magnifi cence and beauty. It has over 30 natural actively cooperate with it.
International Tourist Zone was proclaimed by Thongchon, Kosan and Kumgang counties in etc), agriculture, fi shing industry, tourism and Development of Masikryong Ski Resort and monuments, over ten historical relics, two nature The zone plans to actively introduce foreign
Decree No. 48 of the Presidium of the Supreme Kangwon Province. It is also within a 3-hour service industry built already in this zone ensure Ullim Falls Districts reserves, bathing resort and Kumgangsan hot investment while pushing ahead with the zone
People’s Assembly of the Democratic People’s fl ight distance from over 40 metropolitans, each its fast development. The Masikryong Ski Resort is situated in spring. construction and tourism development in parallel.
Republic of Korea on June 11, 2014, as a measure with a population of over one million, including As Kangwon Province has long been developed Poptong County, Kangwon Province. The district plans to increase various tourist To this end, foreign investors are provided with
of the state to activate international tourism in Khabarovsk and Vladivostok in Russia and into an international tourist zone and the special It has a skiing area with ten ski slopes, outdoor facilities, expand the capacity so that it can many privileges in various aspects including
the scenic spots on the eastern coast including Beijing, Shanghai and Shenyang in China. zone for international tourism in Mt Kumgang skating ground and outdoor swimming pool, and accommodate more than 10 000 persons and taxation and land use by the law of the DPRK on
the Wonsan district and Mt Kumgang, one of the As it has good climatic and natural conditions has been operated for over ten years, offi cials and the Masikryong Hotel with the capacity of 300 build more natural parks, a folklore street, economic development park. Especially, more
celebrated mountains in Korea, which are being for tourism, including Mt Kumgang, a world- residents of this zone have a good understanding visitors. traditional martial arts hall, aquarium and other privileges will go to those who invest in advance
developed into an international tourist resort. famous mountain, tourism in the zone is winning of tourism and are friendly towards tourists, and In the Ullim Falls district, there is the 75-metre- recreation facilities. on the condition of getting reward later or accept
The development of the zone is under brisk way popularity at home and abroad. also the service industry is on a high standard. high Ullim Falls, one of the noted falls in Korea, Facilities along the mountaineering paths, the overall land developing method until 2017.
thanks to the close concern of the DPRK government. There are hundreds of scenic spots including The specialist tourism course at Wonsan Jong which covers an area of over 1 000 hectares. including a cableway, will be built or reinforced, The Wonsan-Mt Kumgang International
With abundant tourist resources and solid over one hundred historical relics, sand beach, Jun Thaek University of Economics, and other In the valley opposite the falls are the exquisite and the Mokran and Tanphung restaurants Tourist Zone will turn into a base for the
economic foundations, the zone has good natural lakes and mineral water resources, as universities, including those of agriculture, tourist attractions including the Kusul Falls, Pidan and the other existing service facilities will be tourist zone development that combines the
prospects for development. well as millions of tons of mud, effi cacious for fi shery, medicine and education train talented Falls and six pools. The area also has various renovated. comprehensive natural beauties of the sea,
Although it is not long since the proclamation was neuralgia, enteritis and colitis. persons for the development of the zone. tourist facilities including the mountaineering mountain, valley, lake and city on the basis of
made public, interest of foreign tourists and enthusiasm Increasing worldwide demand for visit to this path, spillway dam, bridge, aquatic farm and Development of Port, Railway, Road, the potentials of world-level tourist resources,
among investors are growing day by day. zone constitutes an economic guarantee for the Development Plan of the Wonsan-Mt parking lot. Electricity and Ecological Environment and provide an opportunity for the foreign
Situated in the central part of the Korean interests of investors. Kumgang International Tourist Zone These two districts plan to expand the The Port of Wonsan will be renovated, and investors participating in the development to
peninsula, the zone includes some areas of the The foundations and infrastructure of industry The zone will be developed, divided into the accommodation, gymnastic and public catering small- and medium-sized passenger terminals gain satisfactory economic profi ts.
4 Foreign Trade of DPR Korea 5
Korea Economic and Trade
Information Company
The Korea Economic and Trade and changes in the world’s main It also develops cooperation with
Information Company, established currencies, product exchanges and international organizations, trading
on November 19, Juche 34 (1945), international markets, the company companies from other countries and
is the DPRK’s authoritative service predicts the prospects of the information service agencies which
agency for economic and trade international markets and provides desire friendly economic and trade
information. advice and assistance for trading relationship including investment,
Staffed with competent economy companies and economic organs to equity and contractual joint ventures,
and market analysers and computer work out reasonable management development of new products,
experts, the company provides and business strategies in line with making inroads into a new market,
necessary information for the the change in the world economy and etc.
development of foreign trade to the trade environment. To ensure promptness and
trading companies and economic In order to promote many-sided correctness in the economic
organs throughout the country. trade transactions, it exchanges and trade information service on
Its information includes information on introduction of various a scientifi c footing and make it
everyday news of exchange rate foreign businesses, their products and diversifi ed and multilateral—this is
IInnssaammLL oottiioonn
of main currencies and transaction price, equity and contractual joint the business strategy of the company.
of goods, trends and fl uctuations ventures and investment attraction By so doing, it makes a great
in international markets, world’s with domestic trading companies contribution to the development of
economic development and trade and renders advisory service to them the economic and trade relationship
activities, activities and meetings through its network “Saeppyol.” with other countries.
Insam lotion, whose main
of international economic
ingredient is Kaesong Koryo
organizations, market situation
insam extracts, provides balance
(production, consumption, stock and
between oil, fat and moisture of
amount of dealings of the individual
the skin by controlling sebum
products) of leading producer
secretion from the oleaginous
and consumer countries, laws and
skin.
regulations of various countries
related to trade, investment, equity and It also promotes blood
contractual joint ventures, taxation circulation in the skin, thus
and customs duty and international Korea Economic and Trade preventing skin side effects,
trade fairs and exhibitions. Information Company including hypersensitivity and
The company also provides in Add: Central District, Pyongyang, DPR Korea allergy, and skin disorders like
real time offi cial rate of the world’s Tel: [phone] infl ammation.
main banks, fl uctuations in price in Fax: [phone]
the world’s leading stock exchange, E-mail: [email protected] Korea Pomhyanggi Joint
standards and common knowledge Venture Company
of international trade and latest sci- Add: Moranbong District,
tech hits.
Pyongyang, DPR Korea
Through the study of trends of
Tel: [phone]-8597
Fax: [phone]
E-mail: [email protected]
6 Foreign Trade of DPR Korea 7
JJiinnuunngg SSoollaarr PPaanneell
MMaannuuffaaccttuurriinngg SSttaattiioonn
provide 100% of rated capacity for the fi rst 15 years and the customers’ needs and interests in keeping with the
80% for the next 10 years. development of natural energy sector.
The station produces 10-500kW-capacity solar
The Jinung Solar Panel Manufacturing Station at energy generating system for institutions and industrial Jinung Trading Company
Kim Il Sung University is engaged in turning out solar establishments and 1-10kW-capacity generating system Add: Taesong District, Pyongyang, DPR Korea
products and the generating systems. for households and service facilities, and installs them Tel: [phone]
In close cooperation with the science and research on the spot to order. The illumination inspection, load Fax: [phone]
groups at the university, the station is producing solar control and battery charging and discharging inspection E-mail: [email protected]
products of high quality by positively introducing of the systems are controlled by computer. These
valuable research fi ndings. systems enjoy a good reputation among clients for their
It is equipped with advanced facilities needed for the high quality and capacity and technical stability.
production of the cell chip inspector, laser chip cutter, In order to follow the trend of developing solar
laminating facilities, layer pressure, frame assembling energy, it is directing efforts to establishing production
machine, EL inspector, sunlight simulator and others. processes of the second- and third-generation solar
It produces perfect and quality products through panels and increasing the proportion of domestically-
inspection of quality of raw and other materials by produced parts of generating systems in a prospective
using modern measuring facilities, EL inspection of way.
fi nished products and sunlight simulation. Adhering to the credit-fi rst principle, it has set it as its
The products include highly-effective solar panel goal to become an enterprise with a competitive edge in
with the transforming effi ciency of 17.5-18.5 % and the the world market by providing technical guarantee for
rated output of 100, 150, 200, 250 and 300W, various
capacities of converters for households, institutions,
service facilities and industrial establishments, charging
controller, sunlight follower and so on. The lifespan
of the highly-effi cient solar panel is 25 years; it can
8 Foreign Trade of DPR Korea 9
Branch of Hyangmanru Shop
It exhibits over 200 kinds of frames (high, middle With the
and normal grades) of various shapes, colours and help of CNC-
materials including white gold, gold, titanium, jewel, lens cutting
mahogany, buffalo horn and plastic, over 100 types of machine the shop is processing omnifocal, aspheric and
sunglasses, goggles and angler’s glasses and various polarized lenses which widen the sight of the users and
contact lenses. give convenience to them.
Located in Mangyongdae District, Pyongyang,
The shop assistants The shop satisfi es the demands of the customers
the branch of Hyangmanru Shop is a comprehensive
help customers to select in manufacturing artifi cial pupil, colourful, far sight,
service centre of glasses.
light but strong and complex astigmatism and other contact lenses to
Its service includes eyesight test, selection of frames,
smart frames suited to order, cleaning lens by means of supersonic waves and
production and sales of various glasses and contact
their complexion and repairing.
lenses to help customers protect their eyes and see
shape, age, aptitude
things more clearly.
and hobby as well Korea Kyonghung Trading Corporation
With an integrated automatic sight test facility
as lenses with high Add: Mangyongdae District, Pyongyang, DPR Korea
controlled by computer, it conducts correct test on
index of refraction and Tel: [phone] (ext) 8250
customers’ visual conditions including short sight, far
good ultraviolet rays Fax: [phone]
sight, heterotropia, general astigmatism and complex
screening. E-mail: [email protected]
astigmatism.
10 Foreign Trade of DPR Korea 11
HHuunnggrryyoonn JJooiinntt VVeennttuurree CCoommppaannyy
Add: Hamhung, South
Hamgyong Province,
DPR Korea
The Hungryon JV Co specializes in manufacturing
Fax: [phone]/4416
wooden products including offi ce and household
furniture.
The company’s production processes have been
automated and fl owlined. It is also equipped with
computer information room where designs can
be processed by image fi les and such facilities as
PVC layering machine and CNC carving machine
necessary for turning out wooden products.
By using linden, castor aralia, oak and other trees
abundant in Korea, the company is mass-producing
various kinds of furniture, both good looking and
convenient to use.
Flooring boards and panels of various sizes,
pedestal desks and computer desks made of hollow
boards and other products are beautiful as they retain
natural colours and patterns and are unchangeable.
They enjoy a good reputation among customers
for their lightness and durability.
The company exports block boards, sill plate
and other products to many countries in Asia and
Europe.
Improving quality and developing new variety of
products is the invariable management principle of
the company.
The company will further promote multilateral
exchange and cooperation on the credit-fi rst
principle.
12 Foreign Trade of DPR Korea 13
Pomhyanggi-brand

K a e s o n g K o r y o I n s a m C o s m e t i c s
As products of the Sinuiju Cosmetics Factory - Fourth-series Cosmetics
the Pomhyanggi-brand Kaesong Koryo They improve effectively the physiological
insam cosmetics, main ingredient of which is character of parched skin.
the world-famous Kaesong Koryo insam, are
winning top popularity in the DPRK. - Fifth-series Cosmetics
Kaesong Koryo insam protects fi ve viscera, They are aimed at protecting normal skin,
has a good infl uence on cerebrovascular and which is not too oily or dry. They have no side
cardiovascular systems and plays the role of effects.
activating skin metabolism and retarding skin
aging. - Seventh-series Cosmetics
The factory uses spring water in Mt Soksu, Thanks to the deliberate cooperation
which has clearly been fi ltered through natural between anti-aging materials including
layers for making cosmetics. precisely separated grape stone polyphenol,
Various Pomhyanggi-brand cosmetics are apricot stone oil, plant clarifi cation elements,
functional cosmetics which make skin healthy these cosmetics retard skin aging.
and sleek. As a result they are enjoying a good
reputation among customers and exported to - Ninth-series Cosmetics
foreign countries. As multifunctional cosmetics which
improve theoretically the permeating effect of
-Third-series Cosmetics the functional materials and nutritive elements
These cosmetics are suitable for oily for skin, they improve metabolism of the skin
skin. They maintain balance between oil cells, increase immunocompetence, restrain
and moisture and, through astriction and melanin formation, accelerate antioxidation
disinfection, make skin look fresh and and provide good nutrients, so as to retard skin
healthy. aging and moisturize and whiten the skin.
Sinuiju Cosmetics Factory
Add: Sinuiju, North Phyongan Province,
DPR Korea
Tel: [phone] (Sinuiju) 0304
Fax: [phone] (Sinuiju) 0706
14 Foreign Trade of DPR Korea 15
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The Sangmyong Trading Corporation designs and As they are designed and manufactured suited
produces different kinds of bags including handbags, to the sex, ages and psychological features, and
briefcases, rucksacks, schoolchildren’s satchels, bags constitutional features, the bags are enjoying a good
for ladies and suitcases. reputation at Pyongyang Department Store No. 1,
Its Okkaedongmu-brand bags are made of leather, Kwangbok Area Supermarket and other shops.
cloth, synthetic leather and other materials, and their By setting it as its business operation and management
forms and types vary according to the liking and strategy to produce small amounts of bags in many
aptitude of the customers. kinds, the corporation is designing new and diversifi ed
Bags with long straps give convenience to the customers forms of bags and improving their quality while
as they can carry them on shoulders and those assorted directing efforts to the modernization of facilities.
with some ornaments enhance their aesthetic value. Its products will become close friends and companions
for users as its impressive brand means.
16 Foreign Trade of DPR Korea 17