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Brussels' slowness in adapting its policy to the changing circumstances in North Korea could mean that European firms find investment opportunities gone because others got there first (Photo: Flickr)

Europe could lose out in North Korean bonanza

North Korea's economy is in transformation.

While the main focus is on Pyongyang's nuclear programme and recent summit between US President Donald Trump and North Korean leader Kim Jong-un, a more important change for the future of the country and the world at large is taking place.

Indeed, ongoing marketisation is now irreversible as the ranks of middle class North Koreans continue to swell. And Europe risks missing out if North Korea continues to reform its economy and investm...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Matthew is EUobserver's Opinion Editor. He joined EUobserver in June 2018. Previously he worked as a reporter for The Guardian in London, and as editor for AFP in Paris and DPA in Berlin.

Brussels' slowness in adapting its policy to the changing circumstances in North Korea could mean that European firms find investment opportunities gone because others got there first (Photo: Flickr)

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Author Bio

Matthew is EUobserver's Opinion Editor. He joined EUobserver in June 2018. Previously he worked as a reporter for The Guardian in London, and as editor for AFP in Paris and DPA in Berlin.

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