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Hard sell: Tumen River project. (duty-free shipping zone)

About 2 pages (672 words)

The Economist (US), March 21st, 1992

If a proposed duty-free shipping zone on the Tumen River goes through, the remote provinces of Posyet in Russia, Najin in North Korea, and Hunchun in China could become major commercial centers. With political differences relaxed, the major obstacle to the project is lack of funds.

THE names hardly trip off the tongue. But if all goes as planned, by the end of the 1990s the sleepy backwaters of Najin in North Korea, Hunchun in China and Posyet in Russia's far east will be the whirring hub of a larger circle of prosperity that will stretch from Vladivostok down to North Korea's Chongjin and we...

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