Foreign Trade Bank
in North Korea 🇰🇵
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About Foreign Trade Bank in North Korea
Foreign Trade Bank of the Democratic People's Republic of Korea (also known as Joson Trade Bank) is North Korea's primary foreign exchange bank. The institution is state-owned and operated by the North Korean government, serving as the principal financial institution for international trade settlement and foreign exchange operations.
The bank plays a central role in North Korea's external economic relationships and has been the subject of extensive international sanctions due to its alleged involvement in facilitating transactions related to weapons of mass destruction programs.