Speaker Mahara and DPRK Ambassador Jo Yong ManSpeaker Mahara and DPRK Ambassador Jo Yong Man. (Image: Facebook)

North Korea interested in Nepal’s hydro and agro sectors: Speaker Mahara

The Speaker of Nepal, Krishna Bahadur Mahara has shared details of his recent visit with Democratic People’s Republic of Korea’s (DPRK) new ambassador Jo Yong Man on Facebook. Among various other details, he spoke of the ambassador’s wish to invest in Nepal’s agricultural and hydroelectric industries.

Ambassador Man had reached Singha Durbar to meet with Mahara on Sunday. The two congratulated each other for sharing diplomatic ties spanning more than 4 decades, and hoped to strengthen the bilateral ties between the two nations in the coming years. Speaker Mahara congratulated the ambassador on the ongoing ‘peace process in the Korean peninsula. Probably referring to the summit between U.S. President Donald Trump and DPRK’s leader Kim Jong-un, Speaker Mahara also praised North Korea’s efforts to maintain ‘world peace’.

Although Ambassador Man expressed North Korea’s wish to invest in Nepal, the realities of doing so are difficult. North Korea has weighty sanctions imposed on them by the international community, and other nations doing business with them is heavily frowned upon. Some relief could be coming, provided the second summit between President Trump and DPRK leader Kim Jong-un yields concrete results, one of them being complete and irreversible ‘denuclearisation’ of North Korea – however, nothing is promised.

Note: North Korea maintains diplomatic relationships with a very few nations, Nepal being one of them. Although North Korea has an embassy in Nepal, Nepal does not have an embassy in North Korea. Jo Yong Man arrived in Nepal in January, 2019 following the previous ambassador’s departure in November.

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