Wednesday, January 09, 2013

North Korea: Why's North Korea attractive for Google?

North Korea, known for its reclusiveness and tight internet controls, is playing host to a high profile visit from the U.S. - one of the guests being head of online giant Google. The trip, while promoted as a private and humanitarian one, is breeding speculation about the company's plans to expand into the secretive state.

Washington frowns upon the visit, calling for sanctions on Pyonyang after a recent rocket launch. Meanwhile, there have been reports that North Korean authorities are hiring German economists to help open the country up for foreign investment. John Feffer, from the Washington DC Institute for Policy Studies outlines what North Korea has to offer to investors.