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| Zokwang Trading |
| Type |
State-owned |
| Founded |
1974 |
| Headquarters |
Zhuhai, People's Republic of China |
| Industry |
Import-export |
| Zokwang Trading |
|
|
| Also spelt Chokwang, Jokwang, Zowkwang, or misspelt as Zok Wang[1] |
Zokwang Trading Company is a North Korean state-run import-export business based out of Zhuhai, China.[2] It was founded in 1974 in Macau, then a colony of Portugal, soon after the new Portuguese government installed by the Carnation Revolution established diplomatic relations with North Korea.[3] Kim Hyon Hui stated in her autobiography Tears of my Soul that she and Kim Sung Il had used Zokwang Trading's office as a base while living in Macau, learning Cantonese so that she and other North Korean agents could pose as Macau or Hong Kong locals; the United States government has also made accusations that Zokwang Trading are engaged in arms sales[4] and other illegal technology transfer.[5] In 2005, Zokwang Trading's accounts with Macanese banks Banco Delta Asia and Seng Heng were closed at the request of US financial regulators; sometime the following year, they moved across the border to Zhuhai.[6]
Zokwang Trading are not on the official list of North Korean companies published by the DPRK portal site Naenara.[7]
- ^ Bermudez 2001: 55
- ^ No Cut News 2005-12-20
- ^ FEER 2001-10-25
- ^ FEER 2001-10-25
- ^ Korea Herald 1994-01-19.
- ^ Yonhap 2006-10-16
- ^ Naenara: [1]
[edit] Bibliography
- Bermudez, Joseph S., Jr. (2001). Shield of the Great Leader: The armed forces of North Korea. Allen & Unwin.
- Kim, Ju-myeong. "조광무역 마카오에서 철수, 중국으로 (Chogwang Trading Withdraws from Macao, Moves to China)", No Cut News, 2005-12-20. Retrieved on 2006-12-25.
- Lintner, Bertil; Yoon, Suh-kyung. "North Korea: Coming in from the Cold", Far Eastern Economic Review, 2001-10-25. Retrieved on 2006-12-25.
- Naenara: Foreign Trade-Corporations & Agencies. Korea Computer Center, Democratic People's Republic of Korea (2005). Retrieved on 2006-12-25.
- "北, BDA계좌동결 후 3개국서 계좌개설 (North opened accounts in at least three countries after BDA Account Freeze)", Yonhap News Agency, 2006-10-16. Retrieved on 2006-12-25.
- Kim, Pyong-il. "Major Changes in DPRK Trading Firm [Macau Chokwang Trading Co.] in Macau", Korea Herald, 1994-01-19.
