Trading With the Enemy

Brown, Heidi; Kitchens, Susan
February 2006
Forbes Asia;2/27/2006, Vol. 2 Issue 3, p46
The article focuses on efforts of several U.S. businessmen to raise money from institutional and wealthy investors to invest in capital equipment and technology in North Korea. The administration of former U.S. President Bill Clinton lifted most trading sanctions under the 1917 Trading With the Enemy Act, restraining restrictions on technologies and products that could be used in weapons production, space systems and military aircraft. Several U.S. corporations including the Coca-Cola Co., AT&T and Cargill have attempted to do business with North Korea. More common deals in North Korea are high level, secretive arrangements and very few are as straightforward and transparent.


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