{"id":63640,"date":"2025-06-02T14:00:11","date_gmt":"2025-06-02T05:00:11","guid":{"rendered":"https:\/\/www.dailynk.com\/english\/?p=63640"},"modified":"2025-06-02T13:30:42","modified_gmt":"2025-06-02T04:30:42","slug":"north-korea-border-smuggling-suspended-weeks-leaving-traders-financial-limbo","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/north-korea-border-smuggling-suspended-weeks-leaving-traders-financial-limbo\/","title":{"rendered":"N. Korea border smuggling suspended for weeks, leaving traders in financial limbo"},"content":{"rendered":"<p class=\"whitespace-normal break-words\">State-led smuggling operations around Hyesan have been suspended for more than two weeks. North Korean smugglers who made advance payments to Chinese suppliers are now facing financial difficulties.<\/p>\n<p class=\"whitespace-normal break-words\">A Daily NK source in Ryanggang province said recently that state smuggling operations at the Hyesan border were suspended on May 15, deepening concerns among smugglers.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;They made advance payments to Chinese counterparts to import goods,&#8221; the source said.<\/p>\n<p class=\"whitespace-normal break-words\">North Korean smugglers typically send goods first when exporting and receive payment after sales are completed. When importing from China, sending payment in advance has become standard practice.<\/p>\n<p class=\"whitespace-normal break-words\">Some smugglers who made large advance payments to import expensive items like vehicles are unable to receive goods or recover funds due to the suspension.<\/p>\n<p class=\"whitespace-normal break-words\">According to the source, one vehicle importer sent 500,000 Chinese yuan (around $69,000) to a Chinese supplier just before state smuggling operations were suspended. The money remains tied up as operations have not resumed.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;When state smuggling was first suspended, Chinese sources said it would reopen &#8216;around next week,&#8217; so people were reassured. But with no signs of resumption after two weeks, smugglers&#8217; anxiety and impatience are growing,&#8221; the source said.<\/p>\n<h4><em>Rumors fly about possible reopening dates<\/em><\/h4>\n<p class=\"whitespace-normal break-words\">Concerns are spreading among smugglers that the suspension could last longer than expected due to China&#8217;s COVID-19 resurgence. The <a href=\"https:\/\/www.dailynk.com\/english\/state-sanction-smuggling-revives-hope-north-korean-border-economy\/\">enthusiastic atmosphere<\/a> around previously active state smuggling has cooled, with smugglers saying their &#8220;insides are burning black.&#8221;<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;There are rumors trade will restart around early June, but since what was supposed to reopen &#8216;after a week&#8217; has already been more than two weeks, we&#8217;ll have to wait and see,&#8221; the source said. &#8220;Right now, smugglers are just hoping trade will restart.&#8221;<\/p>\n<p class=\"whitespace-normal break-words\">The source added that smugglers involved in illegal trade all face extreme pressure when such situations arise. &#8220;Those who made advance payments can&#8217;t receive goods, while those who need to ship goods can&#8217;t make deliveries.&#8221;<\/p>\n<p class=\"whitespace-normal break-words\">The suspension is due to Chinese circumstances, giving smugglers some hope.<\/p>\n<p class=\"whitespace-normal break-words\">&#8220;Smugglers are holding on day by day, thinking operations will eventually resume as long as North Korea doesn&#8217;t completely close the border like during COVID,&#8221; the source said.<\/p>\n<p><a href=\"https:\/\/www.dailynk.com\/20250531-1\/\">Read in Korean<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-led smuggling operations around Hyesan have been suspended for more than two weeks. North Korean smugglers who made advance payments to Chinese suppliers are now facing financial difficulties. A Daily NK source in Ryanggang province said recently that state smuggling operations at the Hyesan border were suspended on May 15, deepening concerns among smugglers. &#8220;They [&hellip;]<\/p>\n","protected":false},"author":132,"featured_media":43060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67,645,649,2084],"tags":[1059,1063,222,271,717,735,738,759,763],"class_list":["post-63640","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-economy","category-china-north-korea-border","category-china-north-korea-relations","tag-vehicles","tag-rumors","tag-border","tag-ryanggang-province","tag-smuggling","tag-trade","tag-hyesan","tag-china","tag-covid-19"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>N. 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