The fishing industry’s critical role in North Korea’s economy, particularly its foreign currency earning operations, led to a series of international sanctions on North Korean seafood.
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The fishing industry’s critical role in North Korea’s economy, particularly its foreign currency earning operations, led to a series of international sanctions on North Korean seafood.
Concurrently, significant modernization and expansion has been underway since 2015 at the KPA's Fishery Station No. 15 on the east coast. Observed activity over the past three years indicates this project is one component of a far-reaching strategic effort to develop the country's fishing industry.