Friday, March 7th, 2025

North Korean Ambassador visits Nuwakot, to invest in agriculture  


24 December 2019  

Time taken to read : 4 Minute


  • A
  • A
  • A

KATHMANDU: North Korea has expressed its willingness to invest in the agricultural sector after being forced to pack up its all kinds of investment in Nepal following pressure from the United Nations and America.

North Korean Ambassador Jo Young Men has shown his interest to invest in the agricultural sector of Nepal during his visit to Nuwakot last week (December 19-20).

He said his country is willing to export Korean fish and vegetables to Nepal and invest in the agricultural sector here.

North Korean Ambassador Men during his visit to the northern district held talks with Ishwari Singh Mahato, chief of Nepal-based Fisheries Research Center, Trishuli, for almost four hours.

He also stated that his country is independent on its own products from which Nepal can learn a lot.

North Korean Ambassador made an onsite visit to fish ponds and coffee farms in Belkotgadhi Municipality and Kakani Rural Municipality during his Nuwakot visit.

North Korea cannot invest in foreign countries following an obligatory sanction imposed unanimously by the UN Security Council.

Nepal government had recently shut down all the restaurants, hospitals, and IT companies operated by North Korea in Nepal.

North Korea, which prioritizes military in its policy, is reeling under the abject poverty since it invests all its might and money in military and nuclear weapons.

A team of United Nations Food Program this year visited North Korea and reported that the people in North Korea are suffering from the shortage of food.

According to the report, almost 40 percent of North Korean people are facing an acute shortage of food.

It is a communist country with a despotic government that controls everything.

The government is not able to provide 300 grams of food to a citizen in daily ration fixed by the government.

North Korea often comes in media discourse due to its nuclear weapons, missile test-fires, and undiplomatic behavior and war threats against the other countries.

North Korea has to depend on other countries for foodstuffs.

It attributes America, blockade and bad weather to the condition it is currently facing. In the acute famine that occurred in 1997, almost 350,000 North Koreans had died.

According to the report unveiled by the United States Statistics Bureau in 2011, a total of 600,000 people had died of famine in seven years between 1,993 to 2,000.

North Korean is still struggling through an acute economic crisis and shortage of food. The United Nations has imposed economic sanctions on North Korea to denuclearize and stop its missile programs.

Similarly, American has been taking initiations to curb its illegal activities across the globe.

Publish Date : 24 December 2019 14:41 PM

PM Oli Arrives in Surkhet for convocation and Provincial Assembly address

SURKHET: Prime Minister KP Sharma Oli has arrived in Surkhet

NEPSE ends volatile week with marginal gain despite four-day decline

KATHMANDU: The Nepal Stock Exchange (NEPSE) experienced a turbulent trading

Holi officially begins with the erection of Holi chir in Basantapur

KATHMANDU: The vibrant festival of colors, Holi, has officially commenced

Gold price falls by Rs 500

KATHMANDU: The price of gold in the Nepali market has

Madhesh CM orders closure of 10 private hospitals in Rautahat over violations

RAUTAHAT: Madhesh Province Chief Minister Satish Kumar Singh has ordered