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May 17, 2012

North Koreans look to Singapore as a model

  • Singapore's approach is attractive to countries interested in maintaining political stability during rapid economic growth.
    • By YOUKYUNG LEE
    AP Business Writer

    SEOUL, South Korea — Less than two weeks after being punished with new U.N. sanctions, North Korea has sent its ceremonial head of state and two top economic officials to Singapore and Indonesia on a trip that appears aimed at drumming up outside investment.

    Kim Yong Nam, president of the Presidium of North Korea's parliament, is visiting Singapore for his first reported trip overseas since late leader Kim Jong Il's December death, and Indonesia with two senior economic officials, according to North Korean state media. Kim, no relation to Kim Jong Il and current leader Kim Jong Un, often represents North Korea abroad.


     
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