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N. Korea revises law to allow S. Koreans to invest in Rason
SEOUL, March 14 (Yonhap) -- North Korea has recently revised a law governing its Rason free trade zone in a bid to speed up its development and attract more foreign investment, including from South Korea, officials in Seoul said Sunday.
According to the South Korean officials, a clause allowing "Korean compatriots living outside the Democratic People's Republic of Korea (North Korea)" to engage in economic and trade activities in Rason has been newly included in the legal code.
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