Past subsidiary Organization of Foreign Economic Committee, Council of State Affairs of North Korea, which is in charge of the issue of economic cooperation with South Korea. Changed its name to ¡®National Economic Cooperative Federation¡¯ at the end of May, 1998

The federation is composed of Kwangmyongsung General Corp., Samcholli General Corp., Gaesun Trading Corp., Mt. Kumgang International General Tourism Corp., and Koryo Commercial Bank.

The headquarters in Pyongyang is composed of chairman-Jung Woon-up, vice chairman-Lee Chang-ho, Chief Secretary-Lee Ei-duk

Currently Yun Won-chol (head), Shim Gi-sup and Kim Jin-su are in charge of the business of Peking Representative Office.

Address: No.601, 66ho-dong, New Central Street, Dongsung-gu, Peking, China

Tel: (8610) 6592-0268

Jeon Sung-gun (head) and Kim Jong-sung are in charge of Dandong Representative Office.

Address: Rm No.201, Jangsung Hotel, 5ho, 11 Gyung-ro, Jinhung-gu, Dandong, Yoryong Province, China

Tel: (86-415) 212-4027

The affiliated people with Asia-Pacific Peace Committee, a distant organization of the Party, are promoting mainly social, cultural and sport fields in Peking, however they also undertake economy related major businesses

Without permanent staff or office in Peking, a unit composed of 2 people performs business by commuting between Pyongyang and Peking when there happens some business to deal with.

The heads of units are Lee Sung-duk, Hwang Chul and k-sun and Cho Gwang-ju, Kim Tae-ee and Kim Gwang-il participate in the actual work.

Location

Central District, Pyongyang

Tel

850-2-18111(8054)

Fax

850-2-381-4440

Main Business

The Committe for the Promotion of International Trade of the DPR Korea , established in 1952, is a comprehensive organization for promoting foreign trade and economic relations between the DPRK and foreign countries.
Recently, the CPIT's activities have been focused on the introduction of transactions and of investment from western countries.

Noteworthy details

The head of the Committee is Kim Yong Mun.

Location

Central District, Pyongyang

Tel

850-2-381-6163

Fax

850-2-381-4498,
850-2-381-4630

Main Business

Past subsidiary organization of Committee for External Economy. Especially Peking Representative Office is mainly in charge of investment consultation business of Rajin-Sunbong Region in the field of South and North Korea Economic Cooperation.

< details Nteworthy>

Kim Jong-woon (head), Won Chang-jung and Mun Song-won are permanently stationed in Peking Representative Office

The place for the chairman of Pyongyang headquarters is vacant, and currently Kim Yong-sul is the acting chairman. Jang Kwang-ho is in charge of main business

Location

Central District, Pyongyang

Telegraph code

KFCIC PYONGYANG

TLX

5972 TECH KP

Tel

3816252

Fax

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Details of business

This committee inspects and appraises exporting and importing cargos as an official inspection institution for those.

Noteworthy details

The committee belongs to Foreign Economic Committee of the Cabinet.

The committee operates branch committees in major ports such as Nampo, Haeju, Hungnam, Wonsan, Chongjin, Rajin and Songlim.

Location

Jungsong-dong, Central District, Pyongyang

Telegraph code

ZENRAM PYONGYANG

TLX

5952 ZR KP

Tel

850-2-381-6054

FAX

850-2-381-4440

Main Business

Business related to hosting of North Korean Exhibition and exhibiting in a foreign country

Business related to participating in international sample exhibition hosted in a foreign country and exhibiting

Receiving and accepting of the hosting of a foreign exhibition in North Korea and its related business

Overseas PR and advertisement