{"id":48274,"date":"2021-04-20T11:34:27","date_gmt":"2021-04-20T02:34:27","guid":{"rendered":"https:\/\/www.dailynk.com\/english\/?p=48274"},"modified":"2021-04-20T11:37:26","modified_gmt":"2021-04-20T02:37:26","slug":"north-korea-hands-down-order-regarding-issuance-trade-certificates","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/north-korea-hands-down-order-regarding-issuance-trade-certificates\/","title":{"rendered":"N. Korea hands down order regarding issuance of trade certificates"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">North Korean authorities recently handed down an order regarding the issuance of <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">(trade certificates) to each trade agency, suggesting that Sino-North Korean trade will soon restart after Kim Il Sung\u2019s birthday on Apr. 15.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A high-ranking source told Daily NK on Apr. 15 that the North Korean authorities announced that major trading agencies would be allowed to conduct official trade through customs offices from Apr. 20.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The agencies that will begin conducting trade on Apr. 20 received direct orders from the party to continue trade even after the border was closed at the end of January 2020. As companies belonging to powerful North Korean institutions, these agencies will simply have to undergo an inspection to confirm their activities. As soon as this is complete, they will be permitted to participate in official trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The authorities reportedly shortlisted trading companies that are a part of the Central Committee or the Munitions Industry Department (MID) to receive permission to resume trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the authorities ordered that individual traders working for non-priority trading companies or agencies apply for new <\/span><i><span style=\"font-weight: 400;\">waku<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ministry of External Economic Relations gave each trading agency written instructions to reapply for new <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">during the three days between Apr. 12 and Apr. 14. Trading agencies and companies reportedly submitted their applications and authentication materials via the North Korean intranet per the guidelines.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even agencies and individuals who have been issued <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">in the past must apply again for a new permit. If there are no issues, the firms will receive their newly-issued <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">after an evaluation period of three to four weeks and be able to participate in official trade from the beginning of May.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Materials needed for the <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">application reportedly include certificates regarding partner companies in China, records of previous imports and exports, and plans for future trade.<\/span><\/p>\n<figure id=\"attachment_43649\" aria-describedby=\"caption-attachment-43649\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-43649\" src=\"https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-300x200.jpg\" alt=\"coronavirus construction materials train\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-300x200.jpg 300w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-1024x683.jpg 1024w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-768x512.jpg 768w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-696x464.jpg 696w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-1068x712.jpg 1068w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731-630x420.jpg 630w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2020\/01\/DSC01731.jpg 1200w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-43649\" class=\"wp-caption-text\">The Sino-North Korean Friendship Bridge, which connects the Chinese city of Dandong with the North Korean city of Sinuiju. \/ Image: Daily NK<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Trading departments are busy keeping up with the influx of applications after the sudden announcement that firms must submit their <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">applications before Kim Il Sung\u2019s birthday. However, because the authorities completed administrative preparations for the <\/span><i><span style=\"font-weight: 400;\">waku <\/span><\/i><span style=\"font-weight: 400;\">applications last month, applicants need only submit their documents and wait for the results.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The financial department of the Central Committee, the Ministry of External Economic Relations, and the Ministry of State Security\u2019s &#8220;customs guidance department&#8221; are all reportedly participating in the screening of <\/span><i><span style=\"font-weight: 400;\">waku<\/span><\/i><span style=\"font-weight: 400;\"> certificate applications. Some overseas diplomatic offices belonging to the Ministry of Foreign Affairs are also participating in the screening to confirm that the Chinese trading partners associated with the North Korean applicants do not have personnel with relations to South Korea, Japan, or the United States.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">North Korean authorities will likely issue fewer <\/span><i><span style=\"font-weight: 400;\">waku<\/span><\/i><span style=\"font-weight: 400;\"> than expected as they plan to closely evaluate each<\/span> <span style=\"font-weight: 400;\">application by not only checking applicants\u2019 personal information but also that of their trading partners.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The authorities will omit as many as 20% of <\/span><i><span style=\"font-weight: 400;\">waku<\/span><\/i><span style=\"font-weight: 400;\"> applicants from the final list of approved firms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, Daily NK\u2019s source said that the authorities did not include Yanggang Province and North Hamgyong Province in the list of regions where trade will resume. Because the parts of the Yalu River that flow past Sinuiju are very shallow and narrow, it will be difficult for the authorities to stop smuggling or defections if trade resumes in those areas.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Official trade in Yanggang Province and other border regions will resume after construction brigades complete the erection of high-voltage wires and concrete barriers in October of this year.<\/span><\/p>\n<p><em>*Translated by S &amp; J<\/em><\/p>\n<div class=\"td-post-header\"><em>Please direct any comments or questions about this article to dailynkenglish@uni-media.net.<\/em><\/div>\n<div><\/div>\n<div class=\"td-post-header\"><em><a href=\"https:\/\/www.dailynk.com\/20210415-5\/\">Read in Korean<\/a><\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>North Korean authorities recently handed down an order regarding the issuance of waku (trade certificates) to each trade agency, suggesting that Sino-North Korean trade will soon restart after Kim Il Sung\u2019s birthday on Apr. 15.\u00a0 A high-ranking source told Daily NK on Apr. 15 that the North Korean authorities announced that major trading agencies would [&hellip;]<\/p>\n","protected":false},"author":128,"featured_media":42643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67,649],"tags":[],"class_list":["post-48274","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-china-north-korea-border"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>N. Korea hands down order regarding issuance of trade certificates - 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\/north-korea-hands-down-order-regarding-issuance-trade-certificates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"N. 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