The purpose of this study is to apply the equity joint venture enterprise covered by the North Korean literature to the case of equity joint venture enterprise A in the Kaesong area and examine ways to revitalize equity joint venture enterprise A when...
The purpose of this study is to apply the equity joint venture enterprise covered by the North Korean literature to the case of equity joint venture enterprise A in the Kaesong area and examine ways to revitalize equity joint venture enterprise A when inter-Korean economic cooperation resumes. The research method is based on North Korean and domestic literature research. It also uses Internet data. After examining the characteristics and necessity of an equity joint venture enterprise, the main principles to be observed in the equity joint venture presented in the North Korean literature are applied to equity joint venture enterprise A. And, when inter-Korean economic cooperation resumes in the future, we will seek ways to revitalize equity joint venture enterprise A in connection with the Kaesong Industrial Complex. equity joint venture enterprise A can benefit from its connection with the Kaesong Industrial Complex in terms of industrial infrastructure, transportation, and access. Unlike the Kaesong Industrial Complex, an equity joint venture enterprise allows for direct participation by North Korea in management. Therefore, it can serve as a good example of cooperation between North and South Korea. There is a need to relax various restrictions on equity joint venture enterprise A, which utilizes the entry procedure for the Kaesong Industrial Complex, compared to non-border areas such as Pyongyang.