Written by • 11:55 AM• Politics

North Korea is preparing to cooperate with an Iranian car company in foreign economic affairs.

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▲ North Korean economic envoy Yun Jeong-ho test-driving vehicles from Iranian car manufacturer \’Saipa\’

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‘It has been revealed that North Korean economic envoy Yun Jeong-ho expressed willingness to cooperate with a local car company during his recent visit to Iran.’,
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‘According to a post made by the Iranian state-owned car manufacturer \’Saipa\’ on Facebook on April 29, Yun Jeong-ho visited the Saipa booth at an export fair held in Iran and stated, “North Korea is ready to cooperate with Saipa automotive group.”‘,
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‘After evaluating that “Saipa has made good progress in manufacturing passenger and commercial vehicles,” Yun praised North Korea\’s car manufacturing industry to be “at a reasonable level” and said, “Considering the friendly political relationship between the two countries, cooperation in the automotive industry is possible.”‘,
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‘Yun, the economic envoy, departed from Pyongyang on April 23, stayed in Iran for 10 days, and returned to North Korea on May 2.’,
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‘The feasibility of cooperation between North Korea and Iran in the automotive sector remains uncertain.’,
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‘North Korea’s automotive industry primarily focuses on military vehicles and has not been able to produce civilian vehicles properly.’,
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‘(Photo=Capture from Saipa Facebook, Yonhap News)\n\t\t’]

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