Business Culture & Etiquette — Exporting to North Korea

Essential guide for Indian exporters

🇰🇵 North Korea

Capital

Pyongyang

Currency

Won

Trade Agreement

None

Continent

Asia

Business Culture in North Korea

Language: Korean

1.

The primary business language is Korean. Having materials translated can demonstrate commitment.

2.

Building personal relationships before business discussions is common in many Asian markets.

3.

Business cards should be exchanged with both hands and treated with respect.

4.

Hierarchy and seniority are important — address the most senior person first.

Understanding local business culture gives Indian exporters a competitive edge in North Korea.

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