Introduction
North Korea is a fast growing economy and is a very beautiful country.This country
is going to be one of the major powers in the continent and is an emerging super
power.Officially Democratic People’s Republic of Korea, country in northeastern
Asia that occupies the northern portion of the Korean Peninsula. North Korea
is bounded on the north by China, on the northeast by Russia, on the east by
the East Sea (Sea of Japan), on the south by South Korea and on the west by
the Yellow sea .It has an area of 120,538 sq km (46,540 sq mi). The state of
North Korea was established in 1948 as a result of the Soviet military occupation
of the northern portion of the peninsula. The capital and largest city of North
Korea is Pyongyang.The people of this country are very co-operative and hospitable
and have a religious bent of mind.They celebrate all the festivals with pomp
and grandeur.As the country has some very good sight seeing places, the tourism
of this country is also prospering at a good pace.
Business and Economy
The business and economy of this country has been growing at a fast pace and
the country has been doing quite well in the last some years financially.The
country has accuquired a very importanr place in the world scene and is on the
growth process still.The economy of the country has shown a continuous growth
rate and because of this fature, investors from across the world flock to invest
in this country.Asthis country is averagely populated, almost all the major
players as far as business is considered, are present in this country.As such
this country is a great place.
Major Cities
The major cities of this country are Pyongyang , Hamhang ,Chazngjin, Nampo,
Sinaiju, Waznsanz, Phyazngsazng ,Sariwazn, Haeju, Kanggye, Kimchaek, Hyesan,
Kaesazng, Sazngnim , Najin and play a major role in the progress of the country.
The tourism of the country also depends a lot on these cities which give the
boost needed to make the country grow.As the country has a lot of beautiful
places that one can visit, tourists come from all parts of the world to visit
these places.
Fact Sheet
Democratic People's Republic of Korea
National name: Choson Minjujuui Inmin Konghwaguk
Head of State: Kim Jong II (1994)
Prime Minister: Hong Song Nam (1997)
Area: 46,540 sq mi (120,540 sq km)
Population (2005 est.): 22,912,177 (growth rate: 0.9%); birth rate: 16.1/1000;
infant mortality rate: 24.0/1000; life expectancy: 71.4; density per sq mi:
492
Pyongyang, 3,222,000 (metro. area), 2,767,900
Monetary unit: Won
Literacy rate: 99% (1990 est.)
Economic summary: GDP/PPP (2005 est.): $30.88 billion; per capita $1,400.
Real growth rate: 1%. Inflation: n.a. (2003 est.). Agriculture: rice, corn,
potatoes, soybeans, pulses; cattle, pigs, pork, eggs. Labor force: 9.6 million;
agricultural 36%, nonagricultural 64%. Industries: military products; machine
building, electric power, chemicals; mining (coal, iron ore, magnesite, graphite,
copper, zinc, lead, and precious metals), metallurgy; textiles, food processing;
tourism. Natural resources: coal, lead, tungsten, zinc, graphite, magnesite,
iron ore, copper, gold, pyrites, salt, fluorspar, hydropower. Exports: $1.2
million (f.o.b., 2003 est.): minerals, metallurgical products, manufactures
(including armaments); textiles and fishery products. Imports: $2.1 billion
(c.i.f., 2003): petroleum, coking coal, machinery and equipment; textiles, grain.
Major trading partners: China, South Korea, Japan, Thailand (2003)
