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GatoGordo

(2,412 posts)
Fri Dec 1, 2017, 07:33 PM Dec 2017

North Korea offered economic advice to Venezuela

The monetary entity held an event where he invited the ambassador of the Asian country, Ri Sung Gil, who explained industrialization as an alternative to the sanctions imposed by the US.

By EL NACIONAL WEB
DECEMBER 01, 2017 02:01 PM | UPDATED ON DECEMBER 01, 2017 2:07 PM

The Central Bank of Venezuela (BCV) held a discussion on Wednesday where the North Korean ambassador to Venezuela, Ri Sung Gil, who offered economic advice to Venezuela and proposed industrialization as an alternative to "overcome the sanctions imposed by the American empire. "

The event was attended by the BCV director José Khan and the vice minister of the Ministry of Basic Industries, Orlando Ortegano.

North Korea has an economic model based on state intervention in all means of production. In the economic freedom index (ILB) it is ranked 180 out of 180 countries, Venezuela ranks 179th .

http://www.el-nacional.com/noticias/economia/corea-del-norte-ofrecio-asesoria-economica-venezuela_213729

Cool. The worst economy in the world, giving advice to the next to last economy. What could go wrong?
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