Ministry of External Economic Relations

Ministry of External Economic Relations

Ministry of External Economic Relations on Kim Il Sung Square
Agency overview
FormedSeptember 1998; 26 years ago (1998-09)
Preceding agency
  • Ministry of Foreign Trade
JurisdictionNorth Korea
HeadquartersKim Il Sung Square, Pyongyang
39°1′7.22″N 125°45′8.09″E / 39.0186722°N 125.7522472°E / 39.0186722; 125.7522472
Minister responsible
Deputy Minister responsible
Parent agencyCabinet of North Korea
Websitewww.kftrade.com.kp Edit this at Wikidata
Korean name
Chosŏn'gŭl
대외경제성
Hancha
對外經濟省
Revised RomanizationDae-oe Gyeongjaeseong
McCune–ReischauerTaeoe Kyŏngjaesŏng

The Ministry of External Economic Relations is North Korea's foreign trade ministry. The ministry's headquarters are at Kim Il Sung Square in Pyongyang. The current minister is Kim Yong-jae and the vice minister O Ryong-chol.[1][2] The ministry was established in 2014 when its predecessor, the Ministry of Foreign Trade, fused with the Joint Venture Investment Committee and the State Economic Development Commission to revive the ministry that had been marred by economic sanctions against North Korea.

  1. ^ "Chiefs of State and Cabinet Members of Foreign Governments: Korea, North - NDE". Central Intelligence Agency. 21 June 2018. Archived from the original on 4 October 2013. Retrieved 28 August 2018.
  2. ^ "21st Pyongyang Spring Int'l Trade Fair Opens". Naenara. 22 May 2018. Retrieved 18 October 2018.