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Japan extends N Korea sanctions  Japan has extended economic sanctions, citing a lack of progress in a row over Japanese nationals abducted by Pyongyang N. Korea receives oil shipment  North Korea has started unloading the first shipment of oil to be delivered under a key nuclear disarmament deal N Korea funds transfer 'to begin'   China: The transfer of funds from a bank in Macau ,a key issue in nuclear disarmament talks, is about to begin Korean trains in historic link-up
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Inter-Korean train service starts
Border traffic normalized between Koreas  Cross-border traffic between North and South Korea returned to normal, ending eight months of restrictions imposed by the North U.S. imposes sanctions on N. Korea firm   Washington: The U.S. imposed economic sanctions on Korea Hyoksin Trading Corporation that the UN said is linked to the country's nuclear weapons program Japan to extend N Korea sanctions


year 2009 Top ^

Aug.31  
Jul.30  
Apr.9
  Japan's government has decided to extend economic sanctions for another year over N Korea recent rocket launch


year 2007 Top ^

Dec.10
  South Korea: The first cargo train providing regular service across the border between the two Koreas in more than a half century left for the North

Oct.8
Jul.13
Jun.13  
May.16
  A pair of passenger trains have crossed the heavily fortified border for the first time in more than 50 years
 The 5-carriage trains, one travelling from the North and one from the South, each carried 150 invited passengers, travelling about 25km (16 miles)


year 2006 Top ^

Dec.19   U.S., North Korea meet one-on-one   Beijing: Financial experts met to address US campaign to isolate the North from the international banking system Oct.14 U.N. slaps sanctions on North Korea
   UN Security Council: The Council voted unanimously to slap trade, travel and other sanctions
 The vote had been delayed because of concerns by China and Russia. The US has revised its draft to remove the threat of military action and reduced the total embargo on military equipment
Sep.18     New sanctions target North Korea   Japan: Japan and Australia have announced new financial sanctions, stepping up pressure over missile tests May.23   N Korea calls off DMZ rail trial  N. Korea wants to cancel a trial run of trains across the border with the South

year 2005 Top ^

Jul.11 Seoul boosts food aid to N. Korea
  South Korea: South agreed to provide the North with 500,000 tons in rice aid as the countries vowed to boost economic ties

year 2004 Top ^

Jun.4   Koreas to open new transport link  North and South have agreed to formally open newly-built roads through the buffer zone that divides the two countries

year 2003 Top ^

Jun.13 Railway reconnects two Koreas
  Workers have reconnected railway lines between the countries in a special ceremony, the first time in 50 years


year 2002 Top ^

Nov.14 Oil shipments to N Korea frozen
  The U. S. and its East Asian and European allies have voted to suspend fuel deliveries to the Communist nation Nov.13     Bush warns N. Korea on fuel shipments   Washington: The administration is warning that unless N. Korea ends its nuclear weapons program the U.S. will not support future shipments Sep.28 Special economic zone 'ready for visitors'  Special administrative region in Sinuiju City will allow foreigners to enter without visas as early as next week Sep.17   Work began on railway to link Koreas
  South Korea: Both countres expressed hope the monumental project would bring peace to their divided peninsula Aug.21     North Korea brings in 'market reform'  North Korea has scrapped ration coupons and raised the price of rice to 50 times its previous level Aug.6   Nuclear reactor work begins  Concrete has been poured to mark the start of construction on a landmark project

North Korea, Business Major Events in 21st Century

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N Korea funds transfer 'to begin'   China: The transfer of funds from a bank in Macau ,a key issue in nuclear disarmament talks, is about to begin   U.S., North Korea meet one-on-one   Beijing: Financial experts met to address US campaign to isolate the North from the international banking system Seoul boosts food aid to N. Korea  South Korea: South agreed to provide the North with 500,000 tons in rice aid as the countries vowed to boost economic ties Inter-Korean train service starts




North Korea, Business Financial Timeline ... See World Financial timeline Top ^
2007
Jun.13
2006
Dec.19




North Korea, Business Food Timeline ... See World Food timeline Top ^
2005
Jul.11




North Korea, Business Transportation Timeline ... See World Transportation timeline Top ^
2007
Dec.10
  South Korea: The first cargo train providing regular service across the border between the two Koreas in more than a half century left for the North
May.16 Korean trains in historic link-up
  A pair of passenger trains have crossed the heavily fortified border for the first time in more than 50 years
 The 5-carriage trains, one travelling from the North and one from the South, each carried 150 invited passengers, travelling about 25km (16 miles)
2006 May.23 N Korea calls off DMZ rail trial  N. Korea wants to cancel a trial run of trains across the border with the South 2004 Jun.4   Koreas to open new transport link  North and South have agreed to formally open newly-built roads through the buffer zone that divides the two countries 2003 Jun.13 Railway reconnects two Koreas
  Workers have reconnected railway lines between the countries in a special ceremony, the first time in 50 years
2002 Sep.17 Work began on railway to link Koreas
  South Korea: Both countres expressed hope the monumental project would bring peace to their divided peninsula



North Korea, Business Business Sanctions Timeline ... See World Business Sanctions timeline Top ^
2009 Jul.30 U.S. imposes sanctions on N. Korea firm   Washington: The U.S. imposed economic sanctions on Korea Hyoksin Trading Corporation that the UN said is linked to the country's nuclear weapons program Apr.9 Japan to extend N Korea sanctions
  Japan's government has decided to extend economic sanctions for another year over N Korea recent rocket launch
2007 Oct.8 Japan extends N Korea sanctions  Japan has extended economic sanctions, citing a lack of progress in a row over Japanese nationals abducted by Pyongyang 2006 Oct.14 U.N. slaps sanctions on North Korea
   UN Security Council: The Council voted unanimously to slap trade, travel and other sanctions
 The vote had been delayed because of concerns by China and Russia. The US has revised its draft to remove the threat of military action and reduced the total embargo on military equipment
Sep.18   New sanctions target North Korea   Japan: Japan and Australia have announced new financial sanctions, stepping up pressure over missile tests 2002 Nov.14 Oil shipments to N Korea frozen  The U. S. and its East Asian and European allies have voted to suspend fuel deliveries to the Communist nation



North Korea, Business Macroeconomics Timeline ... See World Macroeconomics timeline Top ^
2002 Aug.21   North Korea brings in 'market reform'  North Korea has scrapped ration coupons and raised the price of rice to 50 times its previous level



North Korea, Business Trade Timeline ... See World Trade timeline Top ^
2009 Aug.31 Border traffic normalized between Koreas  Cross-border traffic between North and South Korea returned to normal, ending eight months of restrictions imposed by the North



North Korea, Business Energy Timeline ... See World Energy timeline Top ^
2002 Aug.6 Nuclear reactor work begins  Concrete has been poured to mark the start of construction on a landmark project



North Korea, Business Oil Timeline ... See World Oil timeline Top ^
2007 Jul.13 N. Korea receives oil shipment  North Korea has started unloading the first shipment of oil to be delivered under a key nuclear disarmament deal 2002 Nov.13   Bush warns N. Korea on fuel shipments   Washington: The administration is warning that unless N. Korea ends its nuclear weapons program the U.S. will not support future shipments