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Summary

The North Korea Trade Capacity Project is designed to support the development of North Korean business intermediary organisations through capacity building, with particular regard to EU-DPRK foreign trade relations. The main activities of the institutional reinforcement should include seminars and workshops held by invited economic specialists in North Korea as well as study visits of DPRK experts to European organisations, such as Chambers of Commerce, which have an interest in exchange. DPRK experts taking part in the activities will be mainly drawn from business intermediary and trade institutions in North Korea. Liaison with these institutions and provision of necessary services in North Korea will be the task of the Pyongyang International Information Centre for new Technology and Economy (PIINTEC), while the EU-Korea Industrial Cooperation Agency (EUKICA) and the Hanns Seidel Foundation (HSS), the main co-ordinator, are in charge of organising the European contribution. The programme will run for three years.