Korea Sogyong Trading

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Korea Sogyong Trading
Chosŏn'gŭl 조선서경무역회사
Revised Romanization Joseon Seogyeong Mu-yeok Hoesa
McCune–Reischauer Chosŏn Sŏkyŏng Muyŏk Hoesa

The Korea Sogyong Trading Corporation is a North Korean company that exports carpets and manufactures cigarettes.[1]

Origins[edit]

Its cigarette manufacturing business began in September 2001 when it formed a 40%-60% joint venture with British American Tobacco called Taesong-BAT.[2] As of 2005, when the venture became known to the public, Taesong-BAT employed 200 people in Pyongyang and produced 2 billion cigarettes per year.

References[edit]

  1. ^ Saalman, Lora (8 February 2006). "Smoke signals from BAT’s North Korea venture". North Korea Economy Watch. Retrieved 10 October 2012. 
  2. ^ "British American Tobacco to sell its share in Democratic People’s Republic of Korea business". British American Tobacco. 8 June 2007. 

External links[edit]