Things may look bad between North Korea and South Korea/U.S. these days, but it seems business is doing well -- a South Korean firm doing a joint venture with North Korea selling cars in North Korea has made profit and was able to transfer the profit from North Korea to South Korea in U.S. dollars! The cars are made by Pyeonghwa Motors, affiliated with the Sun Myung Moon's Unification Church. It is ironic that staunch anti-communist Moon was able to broker a joint venture deal with North Korea and his company is making profit in North Korea, whereas the future of inter-Korea government-initiated, economic joint projects in Kaesong is uncertain.
[Photo shows an advertisement for Pyeonghwa automobile sold in Pyongyang.]