{"id":17543,"date":"2011-12-09T11:02:57","date_gmt":"2011-12-09T02:02:57","guid":{"rendered":"http:\/\/en.dailynk.com\/en\/?p=17543"},"modified":"2020-01-17T08:47:31","modified_gmt":"2020-01-16T23:47:31","slug":"sez-law-enacted-by-supreme-assembl","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/sez-law-enacted-by-supreme-assembl\/","title":{"rendered":"SEZ Law Enacted by Supreme Assembly"},"content":{"rendered":"

North Korea has enacted a law governing activities at Hwanggeumpyeong and on Wihwa Island, two new special economic zones in the vicinity of Shinuiju on the Sino-North Korean border.<\/p>\n

Chosun Central News Agency revealed the news this morning, stating, \u201cThe Hwanggeumpyeong-Wihwa Island Economic Zone Act was adopted by the Standing Committee of the Supreme People\u2019s Assembly of the Chosun People\u2019s Democratic Republic.\u201d It did not offer any further details.<\/p>\n

The provisions of the new law are reported to have been circulated to various Chinese governmental and economic figures, and it is said to contain provisions reflecting successful elements in the development of China\u2019s own special economic zones. <\/p>\n

Naturally, one key part of the intent behind the new law\u2019s enactment appears to be to reassure potential Chinese investors of the stability of the investment climate in North Korea.<\/p>\n

At this stage, although there was a large opening ceremony for the zone in June this year attended by Workers\u2019 Party figures including Jang Sung Taek, who plays a key role in the attraction of overseas investment to North Korea, the pace of construction remains limited.<\/p>\n

However, there may not be long to wait. Dai Yulin, who heads the Municipal Committtee of the Chinese Communist Party across the Yalu River in Dandong told the China Daily back in September, \u201cConcrete plans for the development of the Hwanggeumpyeong Special Economic Zone will be completed by the end of this year.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

North Korea has enacted a law governing activities at Hwanggeumpyeong and on Wihwa Island, two new special economic zones in the vicinity of Shinuiju on the Sino-North Korean border. Chosun Central News Agency revealed the news this morning, stating, \u201cThe Hwanggeumpyeong-Wihwa Island Economic Zone Act was adopted by the Standing Committee of the Supreme People\u2019s […]<\/p>\n","protected":false},"author":150,"featured_media":17545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-17543","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"\nSEZ Law Enacted by Supreme Assembly - North Korea News \u2014 Daily NK | Latest DPRK Updates 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailynk.com\/english\/sez-law-enacted-by-supreme-assembl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEZ Law Enacted by Supreme Assembly\" \/>\n<meta property=\"og:description\" content=\"North Korea has enacted a law governing activities at Hwanggeumpyeong and on Wihwa Island, two new special economic zones in the vicinity of Shinuiju on the Sino-North Korean border. 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