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By Yoo Seungki

SEOUL, Jan. 28 (Xinhua) -- Business opportunity in the Democratic People's Republic of Korea (DPRK) is growing for potential foreign investors as the closed economy is pushing a new type of socialist economy through reform and opening despite challenges such as lack of information, communication tools and transparency, global DPRK experts said Wednesday at a forum held in central Seoul.

Top DPRK leader Kim Jong Un is known to have introduced a so- called "May 30 Measures" in May 2014 to grant more autonomy in managing factories and more incentives for farmers. South Korea's Unification Ministry has said there is no clear evidence of such measures being adopted by DPRK.

Despite no official announcement from the DPRK Vans Light SK8-Hi Slim Black Shoes UK Sale , a few clues were found. Choson Sinbo, a pro-DPRK newspaper based in Japan, reported in January that the DPRK will "set up a collectivist system that can respond flexibly" and that "socialist enterprises will take the lead."

The new socialist economy scheme is believed to be an extension of the so-called "June 28 Measures," adopted in June 2012 and made known to outside world by Choson Sinbo. The new plan is estimated to scale down the size of farming work unit to a " family size" of 4 to 6 people Light SK8-Hi Slim Leather White Vans Shoes UK , which could be allowed to leave up to 60 percent of their production on their hands. It is higher than the previous 30 percent ceiling.

Companies could be given more leeway in management, paying workers a wage in accordance with performance and handling inputs and outputs in a freer way than before. Andrei Lankov, professor at Kookmin University, said in a Nov. 30 Al-Jazeera editorial that the May 30 Measures were "revolutionary" and that the DPRK seems to have decided to begin "Chinese-style reforms."

NOT IMPOSSIBLE "Reality in North Korea (DPRK) is changing as economic reform measures are being taken Vans Sk8-Hi Reissue Leather White UK Online ," Yoon Dae-kyu, director of the Institute for Far Eastern Studies (IFES) of Kyungnam University, said during the forum. "It may be difficult to do business in North Korea, but businesses can succeed if building relationship and interacting with the North."

The IFES held the forum under the title of "Doing Business in North Korea (DPRK): Opportunities and Challenges Women's Vans Old Skool Pink White Cheap Vans UK ," where more than a hundred scholars, government officials, entrepreneurs and local and foreign media reporters participated.

It is not Kim Jong Un who first seeks to incorporate market factors into the DPRK's socialist economy. Kim Jong Il, his father and late DPRK leader Dime x Vans Old Skool Pro Navy Blue Cheap Vans UK , launched the first sweeping economic reforms, called "July 1 Measures" in 2012 and nominated Park Pong-ju, a known economic expert in the DPRK, as premier in 2013. Park Vans Bordeaux White Old Skool Canvas Sale , who lost his position in April 2007 on failures of the . Wholesale Custom MLB Jerseys Wholesale NHL Jerseys Wholesale NBA Jerseys China Wholesale Authentic MLB Jerseys Wholesale Soccer Jerseys China Cheap Jerseys China Wholesale NFL Football Jerseys Wholesale NBA Basketball Jerseys Cheap College Football Jerseys Wholesale NBA Jerseys