Maybe this is how the North Korean regime will keel toward the ashheap of history, on a path lined with synthetic nail tips.

Hundreds of
firms plan to open in Kaesong

Hundreds of companies are lining up to operate in North Korea’s Kaesong
Industrial Complex, but an economist said in a seminar yesterday that the
current economic cooperation with South Korea won’t bring any significant
changes to the communist country.More than 200 companies have signed a contract
with the Korea Land Corp. to join the 33 domestic companies currently operating
in the industrial park, according to Kim Du-bok, an employee at the state-owned
company. Korea Land Corp. is responsible for assigning space in the industrial
complex. Among the new companies are a couple of firms with foreign connections
that hope to open next year.A Korean subsidiary of Tianjin JCI Cosmetic Corp., a
Chinese producer of synthetic nail tips and other cosmetic goods, agreed Monday
to lease space in the section allotted for foreign companies.“Tianjin JCI
Cosmetic Corp. and its Korean subsidiary, Dashing Diva, signed a contract to
lease a piece of land,” Kim said yesterday. To operate at the inter-Korean park,
which uses North Korean labor and South Korean technology, a foreign company
needs to have a South Korean subsidiary.

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