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Kim Jong Un seeks German help with economy

Posted By F. Michael Maloof On 01/20/2013 @ 5:37 pm In Front Page,Money,World | No Comments

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WASHINGTON – The 28-year-old Kim Jong Un, leader of North Korea, is looking to Germany to help with economic reform that he recently announced for his country, which for years has been isolated and is rated among the poorest countries in the world despite its nuclear and missile ambitions, according to report in Joseph Farah’s G2 Bulletin.

Kim, who received some of his formal education in Switzerland, appears to have been influenced to look to such countries as Germany and Switzerland to reform his country’s economy.

He wants to open the country to foreign investors and is initially looking to Germany for economic and legal advice. According to German sources, he wants to begin laying the groundwork this year.

Kim first will look to modernizing his country’s laws that relate to foreign investment. Economists involved in the effort say that Kim doesn’t want to use the Chinese model of creating economic zones for foreign investors.

Instead, he will pursue what’s called the Vietnamese model of extending invitations to select companies to make investments in North Korea.

Under his father, Kim Jong Il, and his grandfather before him, Kim Il Sung, North Korea’s economy has been in shambles and has remained largely isolated from other countries.

With Kim Jong Un’s succession following his father’s death last year, he has indicated a shift in approach, most notably in his recent New Year’s address which in and of itself broke precedent in being given.

In that address, he was quite clear as to his country’s poor economic condition and suggested that only through technological advancement will it improve.

While Kim has decided to tap Germany to lead his country in foreign investment, sources say that others in the North Korean leadership want to seek similar assistance from Japan, South Korea and other Western countries.

With Kim’s emphasis apparently being applied to economic considerations, sources say that the military will be keeping a watchful eye to ensure that their influence in the governance of the country remains intact.

However, the military may also see this approach as a silver lining for their own purposes to acquire needed Western technology to improve weapons systems which, for the most part, are based on old Soviet designs and technology.

Besides the economy, the military could use more enabling technologies from the West for more precision in manufacturing quality military equipment and would serve to form a new technology base for the North Korean military that it does not now have.

A hint of this recently came when Kim applauded North Korea’s recent successful launch of a three-stage missile capable of reaching the West coast of the United States.

The missile also orbited a “package” which analysts say could be the prelude for orbiting a nuclear weapon.

North Korea is assessed by Western intelligence sources to be working on the miniaturization of a nuclear weapon to fit on its new generation of multi-stage missiles.

Sources tell WND/G2Bulletin that Kim’s approach somewhat mirrors that of the Russians with the fall of the Soviet Union, which opened up new technologies which Moscow applied to the economy but similarly benefited its military.

Today, Russia continues to target Western technology for its military, although the West has considerably lowered the levels of export controls that now allow Russian manufacturers to acquire much of the technology it wants for their new generation of military equipment.

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