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Japanese company in turmoil over North Korea

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Japanese company in turmoil over North Korea

image text translation

(1)Kim Jong-un’s Gift Seiko City, Japan
(2)Gye “There was no export to North Korea.”
(3)Washington-Park Jae-woo parkja rfaorg
(4)In a photo released by North Korea’s Korean Central News Agency on the 2nd, representatives of the Korean Youth Corps are reading the manual while wearing watches presented by North Korean leader Kim Jong-un.
(5)North Korean General Secretary Kim Jong-un recently presented a Japanese watch, Seiko, to the boys who visited Pyongyang. Seiko said an internal investigation into the incident revealed that it had never sold watches directly to North Korea. Reporter Park Jaewoo reports.
(6)This watch is on sale for 50,000 won to 150,000 won, or about US$100, based on the sales price of the Korean Internet shopping mall, and if you gave 5,000 watches as gifts, it is not a small amount of money.
(7)Considering that the watch is only sold in some East Asian regions, chances are high that it will be purchased by third parties through China, Singapore, etc.
(8)Former World Bank adviser Bradley Babson told Radio Free Asia on the 5th, “The purchase of the watch is not a U.N. sanctions against North Korea, but it seems to have used a third country because it could be Japan’s independent sanctions.”
(9)That’s what I explained.

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